Elanco Animal Health (ELAN)
Activity ratios
Short-term
Turnover ratios
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Inventory turnover | 1.61 | 1.43 | 1.59 | 1.96 | 1.28 |
| Receivables turnover | 5.01 | 4.37 | 4.40 | 4.63 | 3.04 |
| Payables turnover | 8.55 | 9.18 | 6.26 | 6.46 | 4.04 |
| Working capital turnover | 2.34 | 2.04 | 2.80 | 2.92 | 2.44 |
Average number of days
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Days of inventory on hand (DOH) | days | 227.08 | 255.46 | 229.98 | 186.44 | 284.24 |
| Days of sales outstanding (DSO) | days | 72.85 | 83.46 | 82.91 | 78.76 | 120.06 |
| Number of days of payables | days | 42.70 | 39.75 | 58.32 | 56.49 | 90.24 |
Long-term
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Fixed asset turnover | — | — | 4.42 | 3.90 | 2.49 |
| Total asset turnover | 0.35 | 0.31 | 0.28 | 0.29 | 0.19 |