EPAM Systems Inc (EPAM)
Activity ratios
Short-term
Turnover ratios
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Working capital turnover | 2.95 | 1.91 | 2.00 | 1.92 | 1.92 | 2.06 | 2.12 | 2.26 | 2.40 | 2.61 | 2.66 | 2.62 | 2.50 | 2.31 | 2.01 | 1.81 | 1.84 | 1.92 | 2.03 | 2.17 |
EPAM Systems Inc's activity ratios provide insights into how efficiently the company manages its operations.
1. Inventory Turnover: The data does not provide information on EPAM's inventory turnover, which indicates how quickly the company sells its inventory. Without this data, it is difficult to assess the efficiency of EPAM's inventory management.
2. Receivables Turnover: The receivables turnover ratio, which measures how many times a company collects its accounts receivable during a period, is not available in the provided data. This ratio is essential for understanding how effectively EPAM collects payments from its customers.
3. Payables Turnover: Similarly, information on EPAM's payables turnover is not provided. The payables turnover ratio helps in analyzing how quickly the company pays its suppliers.
4. Working Capital Turnover: EPAM's working capital turnover has shown fluctuations over the reporting periods. The ratio was highest in December 2024 at 2.95 and lowest in March 2024 at 1.92. This ratio indicates how efficiently the company utilizes its working capital to generate sales. A higher turnover ratio suggests more effective utilization of working capital.
In conclusion, while the data does not include key activity ratios like inventory turnover, receivables turnover, and payables turnover, the analysis of EPAM Systems Inc's working capital turnover indicates improvements in efficiency over the years, reaching its peak in December 2024.
Average number of days
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Days of inventory on hand (DOH) | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Days of sales outstanding (DSO) | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Number of days of payables | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Based on the provided data, EPAM Systems Inc does not have specific information available for the Days of Inventory on Hand (DOH), Days of Sales Outstanding (DSO), and Number of Days of Payables for the periods mentioned. Therefore, a detailed analysis of activity ratios related to inventory management, accounts receivable turnover, and accounts payable turnover cannot be performed at this time. It is important for the company to provide more detailed financial information on these metrics to allow for a comprehensive evaluation of its operational efficiency and liquidity management.
Long-term
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fixed asset turnover | — | — | — | — | — | 12.67 | 18.92 | 18.21 | 17.65 | 13.13 | 21.14 | 18.89 | 8.93 | 9.13 | 8.21 | 16.93 | 15.69 | 15.69 | 14.97 | 14.72 |
| Total asset turnover | 1.00 | 1.04 | 1.09 | 1.06 | 1.08 | 1.14 | 1.18 | 1.19 | 1.20 | 1.26 | 1.25 | 1.18 | 1.07 | 1.04 | 1.03 | 1.00 | 0.98 | 1.01 | 1.05 | 1.05 |
EPAM Systems Inc's fixed asset turnover ratio, which measures the company's ability to generate sales from its fixed assets, has exhibited some fluctuations over the years. The ratio increased steadily from March 31, 2020, to June 30, 2022, reaching a peak of 21.14. However, there was a notable decline in the ratio from June 30, 2022, to September 30, 2023, before recovering slightly. The company may need to monitor this ratio closely to ensure efficient utilization of its fixed assets.
In terms of total asset turnover, which indicates how efficiently the company is using all its assets to generate revenue, EPAM Systems Inc showed a varying trend. The ratio hovered around 1 from March 31, 2020, to December 31, 2021. There was an increase in the ratio from March 31, 2022, peaking at 1.26 on September 30, 2022, indicating improved asset utilization. Subsequently, the ratio experienced some fluctuations but maintained levels above 1, reflecting adequate asset turnover efficiency. EPAM may seek to sustain this efficiency to maximize its revenue generation relative to its asset base.