Dominion Energy Inc (D)

Short-term

Turnover ratios

Based on the provided data for Dominion Energy Inc, let's analyze the activity ratios:

1. Inventory Turnover:
- The inventory turnover ratio indicates how efficiently the company manages its inventory. Dominion Energy's inventory turnover has shown some fluctuations over the years, ranging from 3.68 to 4.43. A higher inventory turnover is generally preferred as it suggests that the company is selling goods quickly and efficiently.

2. Receivables Turnover:
- Unfortunately, there is no data available for receivables turnover, which measures how efficiently the company collects its accounts receivable. Without this data, it's challenging to assess Dominion Energy's effectiveness in collecting payments from customers.

3. Payables Turnover:
- Similar to receivables turnover, there is no information provided for payables turnover, which evaluates how effectively the company manages its accounts payable. Without this data, it's difficult to evaluate Dominion Energy's payment practices to suppliers.

4. Working Capital Turnover:
- The working capital turnover ratio measures how efficiently a company utilizes its working capital to generate sales. Dominion Energy's working capital turnover has shown a significant increase from 15.80 to 14.81 over the years. A higher turnover ratio indicates that the company is effectively utilizing its working capital to generate revenue.

In conclusion, the inventory turnover and working capital turnover ratios provide some insights into Dominion Energy's operational efficiency in managing inventory and working capital to generate sales. However, the lack of data for receivables turnover and payables turnover limits a comprehensive assessment of the company's overall activity ratios. Further information on these ratios would provide a more detailed picture of Dominion Energy's performance in managing its accounts receivable and accounts payable.

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Average number of days

Based on the provided data, Dominion Energy Inc's Days of Inventory on Hand (DOH) has shown a fluctuating trend over the years, ranging from 82.35 days in 2020 to 85.43 days in 2024. This indicates that the company has been carrying inventory for approximately 83 to 85 days on average during the mentioned periods.

On the other hand, the Days of Sales Outstanding (DSO) and Number of Days of Payables data is missing, suggesting that there is no specific information available regarding how long it takes for the company to collect sales revenue or the number of days it takes to pay its creditors during the specified years.

Overall, without the complete information on DSO and the number of days of payables, a comprehensive analysis on Dominion Energy Inc's activity ratios, particularly its efficiency in managing accounts receivable and payables, cannot be fully evaluated based on the provided data.

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Long-term

Looking at Dominion Energy Inc's long-term activity ratios, we can see fluctuations in both Fixed Asset Turnover and Total Asset Turnover over the years.

1. Fixed Asset Turnover:
- In 2020, the Fixed Asset Turnover was 0.24, indicating that the company generated $0.24 in revenue for every $1 of fixed assets.
- However, this ratio decreased to 0.19 in 2021, suggesting a decline in efficiency in utilizing fixed assets to generate revenue.
- The ratio significantly spiked to 33.59 in 2022, which may be an anomaly or aberration in the data compared to previous years and industry standards. This might warrant a closer examination to ensure data accuracy and reliability.
- The absence of data for 2023 and 2024 limits our ability to assess the trend over a continuous period.

2. Total Asset Turnover:
- The Total Asset Turnover ratio was 0.15 in 2020, denoting that Dominion Energy generated $0.15 in revenue for every $1 of total assets.
- This ratio decreased further to 0.11 in 2021, indicating a decline in the efficiency of utilizing all assets to generate revenue.
- There was a slight improvement in 2022 with the ratio rising to 0.13, although it remained relatively low compared to previous years.
- Interestingly, the ratio remained stable at 0.13 in 2023 and increased marginally to 0.14 in 2024, suggesting a moderate enhancement in asset utilization effectiveness.

In conclusion, Dominion Energy Inc's long-term activity ratios exhibit mixed trends with fluctuations in efficiency in utilizing both fixed and total assets to generate revenue. The significant spike in Fixed Asset Turnover in 2022 warrants further investigation to ensure data accuracy and reliability. Analysis of additional years beyond 2022 would provide a more complete picture of the company's asset utilization performance over time.