Exponent Inc (EXPO)
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 | 1.97 | 1.98 | 2.09 | 2.27 | 2.47 | 2.53 | 2.43 | 2.51 | 2.70 | 2.57 | 2.27 | 1.79 | 1.56 | 1.57 | 1.59 | 1.55 | 1.60 | 1.75 | 1.82 | 1.96 |
Exponent Inc's working capital turnover has shown an improving trend over the past few years, indicating that the company is generating more revenue relative to its working capital. This suggests that Exponent is efficiently utilizing its working capital to drive sales. The ratios have been fluctuating between 1.55 and 2.70 over the period from March 31, 2021, to December 31, 2024.
However, the lack of data on inventory turnover, receivables turnover, and payables turnover makes it challenging to provide a comprehensive analysis of Exponent's activity ratios. It is important to monitor all activity ratios to gain a complete picture of the company's operational efficiency and effectiveness in managing inventory, collecting receivables, and making payments to suppliers.
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 for Exponent Inc, the activity ratios including Days of Inventory on Hand (DOH), Days of Sales Outstanding (DSO), and Number of Days of Payables do not have specific values available. This lack of data restricts the ability to calculate and analyze these activity ratios for the company over the specified periods.
The Days of Inventory on Hand (DOH) ratio helps assess how efficiently a company manages its inventory by measuring the average number of days it takes to sell its inventory. A lower DOH ratio indicates more efficient inventory management.
The Days of Sales Outstanding (DSO) ratio evaluates how efficiently a company collects its accounts receivable by measuring the average number of days it takes to collect payment. A lower DSO ratio suggests quicker collection of receivables.
The Number of Days of Payables ratio examines the average number of days it takes a company to pay its suppliers. A higher number of days indicates the company is taking longer to pay its creditors.
In the absence of specific data points for these ratios, a detailed analysis of Exponent Inc's activity ratios cannot be conducted. It is advisable to seek additional information or updated data to effectively assess the company's performance in managing its inventory, accounts receivable, and payables.
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 | — | — | — | — | — | — | — | — | — | 5.98 | 6.10 | 6.13 | — | 6.01 | 5.67 | 5.20 | 6.68 | 6.74 | 6.79 | 6.97 |
| Total asset turnover | 0.72 | 0.73 | 0.76 | 0.86 | 0.81 | 0.90 | 0.89 | 0.93 | 0.87 | 0.89 | 0.86 | 0.77 | 0.68 | 0.71 | 0.71 | 0.71 | 0.69 | 0.76 | 0.80 | 0.88 |
Exponent Inc's fixed asset turnover ratio has shown some fluctuations over the years, ranging from a high of 6.97 in March 2020 to a low of 5.20 in March 2021, with a slight increase to 6.13 in March 2022 before hovering around the range of 5.98 to 6.10 in the subsequent periods. This indicates that the company is generating revenue efficiently from its fixed assets, although there was a dip in performance in the interim period.
In terms of the total asset turnover ratio, Exponent Inc's performance has been varied, starting at 0.88 in March 2020 and declining to 0.69 in December 2020 before observing some fluctuations between 0.68 and 0.93 in the subsequent periods. The ratio settled around 0.72 to 0.89 from March 2023 onwards, suggesting that the company is generating revenue relative to its total assets at a relatively consistent pace.
Overall, while the fixed asset turnover ratio indicates efficiency in generating revenue from fixed assets, the total asset turnover ratio shows varying performance in utilizing all assets to generate revenue effectively. It is essential for Exponent Inc to monitor and potentially improve its total asset turnover ratio to enhance its overall asset efficiency.