Franklin Electric Co Inc (FELE)
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 | 2.70 | 2.47 | 2.49 | 2.52 | 2.69 | 2.54 | 2.41 | 2.28 | 2.48 | 2.36 | 2.21 | 2.22 | 2.41 | 2.55 | 2.68 | 2.76 | 2.71 | 2.85 | 2.76 | 2.78 |
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Working capital turnover | 3.81 | 3.66 | 3.52 | 3.49 | 3.64 | 3.64 | 3.93 | 4.32 | 4.52 | 4.66 | 5.07 | 5.21 | 5.06 | 4.75 | 4.74 | 3.02 | 3.00 | 3.01 | 3.31 | 3.67 |
Based on the provided data for Franklin Electric Co Inc, we can analyze the activity ratios as follows:
1. Inventory Turnover:
- The inventory turnover ratio measures how efficiently a company manages its inventory. Franklin Electric Co Inc's inventory turnover has been stable over the past few years, averaging around 2.5 to 2.7 times per year. A higher turnover indicates the company is selling its inventory more quickly.
2. Receivables Turnover:
- Unfortunately, there is no data available for the receivables turnover ratio. This ratio would have provided insights into how efficiently Franklin Electric Co Inc collects its accounts receivable from customers.
3. Payables Turnover:
- Similarly, there is no data provided for the payables turnover ratio. This ratio would have indicated how quickly the company pays its suppliers for goods or services.
4. Working Capital Turnover:
- The working capital turnover ratio reflects how efficiently a company is using its working capital to generate sales. Franklin Electric Co Inc's working capital turnover has shown fluctuation, ranging from 3.0 to 5.2 times per year. A higher turnover indicates better utilization of working capital.
In conclusion, while the inventory turnover and working capital turnover ratios provide some insight into Franklin Electric Co Inc's activity efficiency, the absence of data for receivables turnover and payables turnover limits a comprehensive analysis of the company's overall activity management. Further data for these ratios would be beneficial for a more complete assessment of Franklin Electric Co Inc's operational performance.
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 | 135.43 | 147.81 | 146.86 | 144.64 | 135.71 | 143.93 | 151.19 | 160.21 | 147.10 | 154.61 | 165.44 | 164.06 | 151.27 | 143.20 | 136.08 | 132.44 | 134.91 | 128.25 | 132.10 | 131.31 |
| Days of sales outstanding (DSO) | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Number of days of payables | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Based on the provided data for Franklin Electric Co Inc, we can analyze the activity ratios as follows:
1. Days of Inventory on Hand (DOH): The DOH reflects how many days it takes for the company to sell its inventory. The trend for Franklin Electric Co Inc shows that the number of days of inventory on hand has been fluctuating over the years, ranging from a low of 128.25 days to a high of 165.44 days. The general pattern indicates a slight increase in inventory holding periods toward the end of the period under review. This may suggest inefficiencies in managing inventory levels, which could tie up capital and increase holding costs.
2. Days of Sales Outstanding (DSO): Unfortunately, the data provided does not include information on Days of Sales Outstanding, which measures how long it takes for the company to collect its accounts receivable. Without this information, we are unable to provide an analysis of the efficiency in collecting receivables.
3. Number of Days of Payables: Similarly, the data does not include details on the Number of Days of Payables, which gauges how long the company takes to pay its suppliers. This ratio is crucial in understanding the company's liquidity management and relationships with creditors but is unavailable for analysis based on the provided data.
In conclusion, while the Days of Inventory on Hand information hints at some potential issues related to inventory management efficiency, the absence of data on Days of Sales Outstanding and Number of Days of Payables limits a more comprehensive assessment of Franklin Electric Co Inc's overall activity ratios and working capital management. Additional data on these metrics would be necessary to provide a more comprehensive analysis of the company's 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 | — | — | — | — | — | — | 9.33 | 9.41 | 9.50 | 7.78 | 7.33 | 8.31 | 6.42 | 6.40 | 5.86 | 6.40 | 5.97 | 6.67 | 6.67 | 6.84 |
| Total asset turnover | 1.11 | 1.11 | 1.13 | 1.15 | 1.20 | 1.21 | 1.16 | 1.15 | 1.21 | 1.16 | 1.08 | 1.06 | 1.06 | 1.00 | 0.95 | 1.02 | 0.98 | 1.04 | 1.08 | 1.12 |
Long-term activity ratios provide insights into how efficiently a company is using its assets to generate sales. Looking at Franklin Electric Co Inc's fixed asset turnover ratio over the years, we see a fluctuating trend, starting at 6.84 in March 2020, dropping to 5.97 in December 2020, and gradually increasing to 9.41 in March 2023. The ratio then remains relatively stable around the high 9s range for the following quarters.
In contrast, the total asset turnover ratio reflects a varying efficiency in utilizing all assets to generate sales. The ratio starts at 1.12 in March 2020, drops to 0.98 by December 2020, then gradually climbs back up to 1.13 by June 2024 after experiencing fluctuations throughout the intervening years.
Overall, the fixed asset turnover demonstrates a more erratic trend with periods of significant improvement, while the total asset turnover shows a more stable but fluctuating efficiency in utilizing all assets to generate revenue over the years.