Duke Energy Corporation (DUK)

Short-term

Turnover ratios

Duke Energy Corporation's inventory turnover ratio has fluctuated over the past few years, ranging from a low of 2.63 to a high of 4.37. The ratio indicates how efficiently the company is managing its inventory levels, with higher ratios generally being more favorable as they suggest faster inventory turnover.

On the other hand, the receivables turnover, payables turnover, and working capital turnover ratios are not available for analysis, as the data is marked as "not available" for all periods. These ratios typically provide insights into the efficiency of the company's accounts receivable collection, accounts payable management, and overall working capital utilization, respectively.

In conclusion, while Duke Energy Corporation's inventory turnover ratio shows some fluctuations, the lack of data for the other activity ratios limits a comprehensive analysis of the company's efficiency in managing its accounts receivable, accounts payable, and working capital.

---

Average number of days

Based on the data provided, let's analyze the activity ratios of Duke Energy Corporation:

1. Days of Inventory on Hand (DOH):
- Duke Energy's DOH has fluctuated over the period analyzed, ranging from a low of 83.58 days to a high of 138.53 days.
- A decrease in DOH indicates that Duke Energy is selling inventory faster or managing inventory levels more efficiently, which can lead to lower storage costs and better liquidity.
- However, the increase in DOH towards the end of the period may suggest a buildup of inventory, which could tie up working capital and impact cash flow.

2. Days of Sales Outstanding (DSO):
- The data provided does not include information on DSO, indicating that the company may not have significant accounts receivable or operates in a manner where this metric is not relevant.
- DSO is crucial in measuring how efficiently a company is collecting on credit sales, and the absence of this data makes it challenging to assess Duke Energy's receivables management.

3. Number of Days of Payables:
- Similar to DSO, the data does not include information on the number of days of payables, suggesting that Duke Energy may not have substantial accounts payable or follows a payment policy where this metric is not applicable.
- The payment terms with suppliers can influence liquidity and working capital management, but without this data, it's challenging to evaluate Duke Energy's payables strategy.

Overall, based on the available data, Duke Energy's inventory management appears to have some fluctuations, which can impact working capital and liquidity. In the absence of DSO and payables information, a comprehensive analysis of the company's overall activity ratios is limited.

---

Long-term

Duke Energy Corporation's fixed asset turnover ratio has shown a relatively stable trend over the past few years, staying in the range of 0.22 to 0.26. This ratio indicates that for every dollar invested in fixed assets, Duke Energy is generating between $0.22 and $0.26 in revenue.

On the other hand, the total asset turnover ratio has also been quite stable, with values fluctuating between 0.15 and 0.17. This ratio signifies that Duke Energy generates between $0.15 and $0.17 in revenue for each dollar of total assets it holds.

Overall, the company's long-term activity ratios suggest that Duke Energy is efficiently utilizing both its fixed assets and total assets to generate revenue. The steady nature of these ratios indicates a consistent performance in terms of asset efficiency over the years.