Donaldson Company Inc (DCI)
Activity ratios
Short-term
Turnover ratios
| Jul 31, 2024 | Apr 30, 2024 | Jan 31, 2024 | Oct 31, 2023 | Jul 31, 2023 | Apr 30, 2023 | Jan 31, 2023 | Oct 31, 2022 | Jul 31, 2022 | Apr 30, 2022 | Jan 31, 2022 | Oct 31, 2021 | Jul 31, 2021 | Apr 30, 2021 | Jan 31, 2021 | Oct 31, 2020 | Jul 31, 2020 | Apr 30, 2020 | Jan 31, 2020 | Oct 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | 4.85 | 5.15 | 5.26 | 5.25 | 5.43 | 5.09 | 4.56 | 4.68 | 4.46 | 4.19 | 4.30 | 4.43 | 4.89 | 4.95 | 4.88 | 5.11 | 5.29 | 5.16 | 5.25 | 5.19 |
| Receivables turnover | 5.70 | 5.53 | 5.80 | 5.89 | 5.72 | 5.49 | 5.95 | 5.81 | 5.36 | 5.44 | 5.59 | 5.44 | 5.13 | 4.97 | 5.18 | 5.45 | 5.64 | 5.81 | 5.81 | 5.61 |
| Payables turnover | 6.09 | 6.19 | 7.00 | 6.94 | 7.45 | 7.36 | 7.57 | 7.16 | 6.62 | 6.38 | 6.37 | 6.35 | 6.40 | 6.65 | 7.44 | 8.03 | 9.10 | 8.82 | 8.75 | 8.18 |
| Working capital turnover | 5.47 | 5.30 | 8.21 | 7.97 | 6.48 | 5.37 | 4.45 | 4.43 | 4.26 | 4.18 | 4.58 | 4.15 | 4.45 | 4.14 | 4.07 | 3.50 | 3.72 | 3.40 | 4.44 | 4.48 |
Donaldson Company Inc's inventory turnover has been relatively stable over the past two years, ranging between 4.19 and 5.43. This indicates that the company is able to sell and replace its inventory efficiently.
The receivables turnover ratio has also been consistent, fluctuating between 5.13 and 5.95. This suggests that Donaldson is collecting its accounts receivable at a steady pace.
On the other hand, the payables turnover ratio has shown some variability, with values ranging from 6.37 to 9.10. This may indicate changing payment terms with suppliers or differences in the timing of payables.
The working capital turnover ratio has fluctuated more significantly, ranging from 3.40 to 8.21. This may reflect changes in the efficiency of managing working capital, such as inventory, receivables, and payables.
Overall, the analysis of Donaldson Company Inc's activity ratios suggests that the company has been managing its inventory and receivables effectively, but there may be room for improvement in terms of managing payables and working capital efficiently.
Average number of days
| Jul 31, 2024 | Apr 30, 2024 | Jan 31, 2024 | Oct 31, 2023 | Jul 31, 2023 | Apr 30, 2023 | Jan 31, 2023 | Oct 31, 2022 | Jul 31, 2022 | Apr 30, 2022 | Jan 31, 2022 | Oct 31, 2021 | Jul 31, 2021 | Apr 30, 2021 | Jan 31, 2021 | Oct 31, 2020 | Jul 31, 2020 | Apr 30, 2020 | Jan 31, 2020 | Oct 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Days of inventory on hand (DOH) | days | 75.26 | 70.86 | 69.39 | 69.52 | 67.22 | 71.70 | 80.02 | 77.93 | 81.89 | 87.03 | 84.94 | 82.44 | 74.61 | 73.71 | 74.74 | 71.48 | 68.97 | 70.74 | 69.55 | 70.38 |
| Days of sales outstanding (DSO) | days | 64.09 | 66.00 | 62.89 | 61.99 | 63.80 | 66.43 | 61.34 | 62.84 | 68.06 | 67.13 | 65.32 | 67.09 | 71.09 | 73.50 | 70.51 | 67.01 | 64.71 | 62.77 | 62.80 | 65.11 |
| Number of days of payables | days | 59.90 | 58.96 | 52.16 | 52.58 | 49.02 | 49.60 | 48.22 | 51.00 | 55.18 | 57.23 | 57.34 | 57.47 | 57.03 | 54.88 | 49.04 | 45.43 | 40.11 | 41.38 | 41.74 | 44.60 |
The days of inventory on hand (DOH) for Donaldson Company Inc have fluctuated over the period analyzed, ranging from a low of 67.22 days to a high of 87.03 days. The average DOH for the period was approximately 74.71 days.
The days of sales outstanding (DSO) for the company have shown some variability as well, with a range between 61.34 days and 73.50 days. The average DSO for the period was around 66.57 days.
In terms of the number of days of payables, there has been a slight upward trend observed, with the range between 40.11 days and 59.90 days. The average number of days of payables for the period was approximately 51.85 days.
Overall, it appears that Donaldson Company Inc has managed its inventory efficiently, with a consistent level of days of inventory on hand. The days of sales outstanding have also been relatively stable, indicating a steady collection of accounts receivable. However, there may be some room for improvement in managing payables, as the number of days of payables has increased slightly over the period analyzed.
Long-term
| Jul 31, 2024 | Apr 30, 2024 | Jan 31, 2024 | Oct 31, 2023 | Jul 31, 2023 | Apr 30, 2023 | Jan 31, 2023 | Oct 31, 2022 | Jul 31, 2022 | Apr 30, 2022 | Jan 31, 2022 | Oct 31, 2021 | Jul 31, 2021 | Apr 30, 2021 | Jan 31, 2021 | Oct 31, 2020 | Jul 31, 2020 | Apr 30, 2020 | Jan 31, 2020 | Oct 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fixed asset turnover | 5.56 | 5.49 | 5.38 | 5.34 | 5.25 | 5.37 | 5.46 | 5.74 | 5.56 | 5.39 | 5.15 | 4.86 | 4.59 | 4.29 | 4.09 | 4.11 | 4.07 | 4.36 | 4.44 | 4.64 |
| Total asset turnover | 1.23 | 1.23 | 1.25 | 1.24 | 1.24 | 1.29 | 1.33 | 1.35 | 1.27 | 1.26 | 1.24 | 1.22 | 1.18 | 1.14 | 1.12 | 1.12 | 1.14 | 1.15 | 1.22 | 1.23 |
The fixed asset turnover ratio for Donaldson Company Inc has been relatively stable over the past several quarters, ranging from 4.29 to 5.74, with a median value of approximately 5.39. This indicates that the company generates around $5.39 to $5.56 in revenue for every dollar invested in fixed assets. The consistent performance in fixed asset turnover suggests efficient utilization of the company's property, plant, and equipment.
On the other hand, the total asset turnover ratio shows a slight fluctuation, with a range between 1.12 and 1.35. The median value for total asset turnover is about 1.24, indicating that Donaldson generates $1.24 in revenue for every dollar invested in total assets. This suggests that the company is effectively using its assets to generate sales.
Overall, the company's long-term activity ratios demonstrate a sound operational efficiency in utilizing both fixed and total assets to generate revenue consistently over the quarters analyzed. It shows that Donaldson Company Inc is effectively managing its assets to drive sales and enhance overall financial performance.