FTI Consulting Inc (FCN)
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 | — | — | — | — | 46.03 | — | — | — | — | — | — | — | 31.92 | — | — | — | 28.58 | — | — | — |
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Working capital turnover | 4.17 | 4.18 | 4.32 | 3.94 | 5.27 | 3.89 | 3.86 | 3.82 | 4.09 | 3.94 | 3.96 | 3.95 | 4.26 | 4.38 | 4.07 | 3.88 | 5.36 | 4.29 | 3.95 | 3.91 |
FTI Consulting Inc's activity ratios provide insights into its operational efficiency.
1. Inventory Turnover: The inventory turnover ratio measures how efficiently the company manages its inventory. FTI Consulting Inc's inventory turnover has been relatively stable, increasing from 28.58 in December 2020 to 46.03 in December 2023. A higher ratio indicates that inventory is selling more quickly, which could signify effective inventory management.
2. Receivables Turnover: This ratio assesses how well the company collects on its credit sales. The lack of data suggests that receivables turnover may not be significant for FTI Consulting Inc or may not be readily available for analysis.
3. Payables Turnover: The payables turnover ratio evaluates the company's payment practices to its suppliers. Similar to receivables turnover, the absence of data indicates limited insights into FTI Consulting Inc's payables turnover efficiency.
4. Working Capital Turnover: This ratio reflects how efficiently the company utilizes its working capital to generate revenue. FTI Consulting Inc's working capital turnover has shown fluctuations but generally maintained a level between 3.8 and 5.3. A higher ratio signifies that the company efficiently utilizes its working capital to drive revenue generation.
Overall, the analysis of FTI Consulting Inc's activity ratios suggests a strong inventory turnover and working capital turnover, indicating efficient management of inventory and working capital. However, the lack of data for receivables and payables turnover hinders a comprehensive assessment of the company's operational efficiency in these areas.
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 | — | — | — | — | 7.93 | — | — | — | — | — | — | — | 11.43 | — | — | — | 12.77 | — | — | — |
| Days of sales outstanding (DSO) | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Number of days of payables | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
FTI Consulting Inc's activity ratios indicate the efficiency of its operations.
1. Days of Inventory on Hand (DOH):
- FTI Consulting's average inventory turnover improved from 12.77 days as of December 31, 2020, to 7.93 days by December 31, 2023. This indicates that the company is managing its inventory more efficiently over time.
2. Days of Sales Outstanding (DSO):
- The DSO data is not available for analysis as it shows "— days" for all periods. This indicates that the company's accounts receivable turnover information for these periods is lacking or not disclosed.
3. Number of Days of Payables:
- The information on the number of days of payables is not provided ("— days") for all periods, making it difficult to assess the company's payables turnover and payment practices.
In conclusion, while FTI Consulting Inc has shown improvements in its inventory management based on the decreasing DOH over the years, the lack of data for DSO and payables turnover limits a more comprehensive analysis of its overall activity 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 | — | — | — | — | — | 9.09 | 19.54 | 19.09 | 8.48 | 20.25 | 8.33 | 19.92 | 19.53 | 7.62 | 7.76 | 25.26 | 24.22 | 25.51 | 26.24 | 25.91 |
| Total asset turnover | 1.03 | 1.06 | 1.10 | 1.09 | 1.05 | 1.01 | 0.99 | 1.00 | 0.93 | 0.95 | 0.95 | 0.95 | 0.90 | 0.91 | 0.90 | 0.92 | 0.89 | 0.87 | 0.89 | 0.91 |
FTI Consulting Inc's fixed asset turnover ratio has shown some fluctuations over the years. It ranged from a high of 26.24 in June 2020 to a low of 7.62 in September 2021, which then increased to 20.25 in September 2022. However, the ratio declined to 9.09 in September 2023, and data is not available for the following periods.
On the other hand, the total asset turnover ratio has been relatively stable, with a slight increase over time. It fluctuated between 0.87 and 0.92 from September 2020 to March 2021, then gradually rose to 1.03 by December 2024.
In conclusion, while the fixed asset turnover ratio has seen more variability, the total asset turnover ratio has shown a more consistent improvement, indicating that the company has been effectively utilizing its total assets to generate revenue over the years.