Entergy Corporation (ETR)
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 | 4.06 | 4.24 | 4.41 | 4.24 | 4.23 | 4.71 | 5.39 | 6.12 | 6.38 | 6.37 | 5.87 | 5.72 | 5.74 | 5.70 | 5.49 | 5.30 | 4.99 | 5.41 | 5.83 | 6.42 |
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Working capital turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 38.07 | — | — | — | — |
Entergy Corporation's inventory turnover ratio has shown some fluctuations over the past few years. From March 2020 to December 2024, the ratio decreased from 6.42 to 4.06, indicating a decline in the number of times inventory was sold and replaced during the year.
The receivables turnover ratio and payables turnover ratio were not available for analysis, as the data was not provided for the respective periods.
In terms of the working capital turnover ratio, there was a notable figure of 38.07 reported for March 31, 2021, suggesting that the company generated significant revenue relative to its working capital during that period. However, data for subsequent periods was not available for comparison.
Overall, analyzing activity ratios provides insights into how effectively Entergy Corporation manages its inventory and working capital to generate revenue, highlighting areas of strength and potential improvement in the company's operations.
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 | 89.82 | 86.17 | 82.74 | 86.07 | 86.29 | 77.46 | 67.68 | 59.62 | 57.23 | 57.31 | 62.22 | 63.83 | 63.54 | 64.05 | 66.47 | 68.92 | 73.20 | 67.51 | 62.59 | 56.83 |
| Days of sales outstanding (DSO) | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Number of days of payables | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
The Days of Inventory on Hand (DOH) ratio for Entergy Corporation has shown some fluctuations over the periods indicated. The trend indicates an increase in the number of days it takes for Entergy to turn its inventory into sales, which could suggest potential inefficiencies in inventory management or potential challenges in selling products on time.
The absence of data for Days of Sales Outstanding (DSO) and Number of Days of Payables ratios prevents a comprehensive analysis of Entergy's liquidity and efficiency in collecting receivables and paying its creditors during the periods covered.
Overall, based on the available information on the Days of Inventory on Hand ratio, Entergy Corporation may need to closely monitor its inventory levels and sales processes to ensure optimal utilization of resources and minimize the risk of inventory obsolescence or overstocking. Additionally, a deeper examination of DSO and payables turnover ratios will be necessary to provide a more complete assessment of the company's working capital management and operational efficiency.
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 | — | — | — | — | — | 4.67 | 0.31 | 5.42 | 6.23 | 0.32 | 0.30 | 0.28 | 6.28 | 0.27 | 6.30 | 0.27 | 0.26 | 0.27 | 0.29 | 0.30 |
| Total asset turnover | 0.18 | 0.18 | 0.19 | 0.19 | 0.20 | 0.21 | 0.22 | 0.23 | 0.23 | 0.22 | 0.21 | 0.20 | 0.20 | 0.19 | 0.20 | 0.18 | 0.17 | 0.18 | 0.20 | 0.20 |
Entergy Corporation's fixed asset turnover ratio fluctuated over the years, showing a decreasing trend from March 2020 to September 2023. It experienced a significant spike in June 2021 and December 2021, as well as in December 2022, before dropping again. This ratio measures the efficiency of the company in generating sales from its fixed assets.
On the other hand, the total asset turnover ratio remained relatively stable, hovering around 0.20 to 0.23 from March 2020 to March 2023. This ratio indicates how well Entergy utilizes its total assets to generate sales. Overall, the company's long-term activity ratios suggest varying levels of efficiency in asset utilization over the years.