Greif Bros Corporation (GEF)
Activity ratios
Short-term
Turnover ratios
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Jan 31, 2024 | Oct 31, 2023 | Jul 31, 2023 | Apr 30, 2023 | Jan 31, 2023 | Oct 31, 2022 | Jul 31, 2022 | Apr 30, 2022 | Jan 31, 2022 | Oct 31, 2021 | Jul 31, 2021 | Apr 30, 2021 | Jan 31, 2021 | Oct 31, 2020 | Jul 31, 2020 | Apr 30, 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | 10.59 | 10.96 | 10.18 | 10.06 | 10.96 | 12.03 | 10.90 | 11.19 | 10.90 | 12.56 | 10.78 | 10.65 | 9.84 | 8.94 | 9.00 | 10.22 | 10.86 | 12.26 | 10.42 | 11.07 |
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Working capital turnover | 7.65 | 10.20 | 7.59 | 8.87 | 10.17 | 12.14 | 10.98 | 10.47 | 10.25 | 14.37 | 12.10 | 12.73 | 14.11 | 15.87 | 15.80 | 17.34 | 12.79 | 14.92 | 11.73 | 11.67 |
The analysis of Greif Bros Corporation's activity ratios reveals interesting trends over the past few years.
1. Inventory Turnover: The inventory turnover ratio measures how efficiently the company manages its inventory. The ratio has fluctuated over the years, ranging from a low of 8.94 in October 2021 to a high of 12.56 in October 2022. Overall, the company's inventory turnover has shown some variability but has generally remained within a stable range.
2. Receivables Turnover: Unfortunately, there is no data available for the receivables turnover ratio, which indicates the speed at which the company collects outstanding receivables. Without this information, it is challenging to assess the effectiveness of the company in collecting receivables promptly.
3. Payables Turnover: Similarly, there is no data provided for the payables turnover ratio, which evaluates how quickly the company pays its suppliers. This missing data complicates the analysis of the company's management of payables and its relationship with suppliers.
4. Working Capital Turnover: The working capital turnover ratio assesses how effectively the company utilizes its working capital to generate revenue. The ratio has shown some fluctuations, with a notable decrease from a high of 17.34 in April 2021 to 7.59 in July 2024. This sharp decline indicates potential inefficiencies or changes in the company's working capital management.
In conclusion, while the inventory turnover ratio has demonstrated some stability, the lack of data for receivables and payables turnover limits a comprehensive analysis of Greif Bros Corporation's activity ratios. The fluctuations in the working capital turnover ratio suggest a need for further examination of the company's working capital management practices.
Average number of days
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Jan 31, 2024 | Oct 31, 2023 | Jul 31, 2023 | Apr 30, 2023 | Jan 31, 2023 | Oct 31, 2022 | Jul 31, 2022 | Apr 30, 2022 | Jan 31, 2022 | Oct 31, 2021 | Jul 31, 2021 | Apr 30, 2021 | Jan 31, 2021 | Oct 31, 2020 | Jul 31, 2020 | Apr 30, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Days of inventory on hand (DOH) | days | 34.46 | 33.31 | 35.86 | 36.29 | 33.31 | 30.35 | 33.49 | 32.62 | 33.48 | 29.07 | 33.84 | 34.27 | 37.10 | 40.83 | 40.53 | 35.70 | 33.62 | 29.77 | 35.02 | 32.96 |
| Days of sales outstanding (DSO) | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Number of days of payables | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Greif Bros Corporation's Days of Inventory on Hand (DOH) has shown some fluctuations over the years, ranging from a low of 29.07 days as of October 31, 2022, to a high of 40.83 days as of October 31, 2021. Overall, the trend seems to indicate that the company has been managing its inventory efficiently, with the metric remaining within a relatively stable range.
On the other hand, the Days of Sales Outstanding (DSO) and Number of Days of Payables data are not provided in the information available. Therefore, a comprehensive analysis of the company's collection period and payables period cannot be conducted based on the provided data alone.
In summary, based on the available information, it appears that Greif Bros Corporation has been effectively managing its inventory levels, but further insights into its collection period and payables period would be necessary to provide a more holistic assessment of its activity ratios.
Long-term
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Jan 31, 2024 | Oct 31, 2023 | Jul 31, 2023 | Apr 30, 2023 | Jan 31, 2023 | Oct 31, 2022 | Jul 31, 2022 | Apr 30, 2022 | Jan 31, 2022 | Oct 31, 2021 | Jul 31, 2021 | Apr 30, 2021 | Jan 31, 2021 | Oct 31, 2020 | Jul 31, 2020 | Apr 30, 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fixed asset turnover | — | — | — | — | — | 2.77 | 3.02 | 3.75 | 3.46 | 3.71 | 3.83 | 4.40 | 3.43 | 3.07 | 2.89 | 3.16 | 3.00 | 2.96 | 2.40 | 2.98 |
| Total asset turnover | 0.84 | 0.82 | 0.78 | 0.76 | 0.86 | 0.88 | 0.92 | 0.96 | 1.06 | 1.16 | 1.14 | 1.12 | 1.04 | 0.96 | 0.90 | 0.85 | 0.82 | 0.82 | 0.82 | 0.86 |
From the data provided, we can analyze Greif Bros Corporation's long-term activity ratios, specifically the Fixed Asset Turnover and Total Asset Turnover.
1. Fixed Asset Turnover:
- The Fixed Asset Turnover ratio measures how efficiently the company is using its fixed assets to generate sales. A higher ratio indicates better utilization of fixed assets.
- Greif Bros Corporation's Fixed Asset Turnover has shown some fluctuations over the years. It ranged from a low of 2.40 in July 2020 to a peak of 4.40 in April 2022. The company experienced an overall increasing trend in the efficiency of its fixed asset utilization from 2020 to 2022.
- However, there was a slight decline in Fixed Asset Turnover in the later periods, with a value of 2.77 in October 2023. The ratio improved to 3.46 by January 2024, but data beyond that period is not available.
- A Fixed Asset Turnover ratio of over 3 indicates that Greif Bros Corporation has been effectively using its fixed assets to drive revenue.
2. Total Asset Turnover:
- The Total Asset Turnover ratio reflects the company's ability to generate sales from its total assets. A higher ratio implies efficient asset utilization.
- Greif Bros Corporation's Total Asset Turnover ratio was relatively stable in the range of 0.82 to 1.16 over the observed period.
- The ratio increased from 0.82 in October 2020 to 1.16 in October 2022, indicating a significant improvement in utilizing total assets to generate sales.
- However, there was a slight decline to 0.88 in October 2023, followed by further decreases in subsequent periods. The ratio stood at 0.84 in January 2025, which signals a slight decrease in total asset efficiency compared to the peak in 2022.
- Overall, the Total Asset Turnover ratio suggests that Greif Bros Corporation has been able to generate a reasonable level of sales relative to its total assets.
In conclusion, while the company demonstrated efficient fixed asset utilization over the years, there were fluctuations in total asset efficiency. Further monitoring of these ratios can provide insights into Greif Bros Corporation's operational performance and sustainability.