The Hain Celestial Group Inc (HAIN)

Activity ratios

Short-term

Turnover ratios

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 Dec 31, 2019 Sep 30, 2019
Inventory turnover 6.66 6.67 6.74 6.15 6.15 5.96 5.42 5.62 5.77 5.89 5.90 6.34 6.46 4.62 4.91 5.15 5.96 6.25 5.41 5.39
Receivables turnover 9.37 8.80 8.90 10.93 10.91 10.08 10.47 10.86 11.09 11.93 11.50 10.68 11.36 10.65 11.27 12.47 12.01 8.83 10.39 10.77
Payables turnover 9.70 10.48 11.77 13.55 14.17 12.88 11.44 11.24 10.17 9.82 9.49 10.28 10.72 6.89 7.07 8.15 8.66 8.19 8.18 8.58
Working capital turnover 6.09 5.62 5.16 5.41 4.87 5.17 5.16 5.55 5.72 6.84 6.69 8.20 6.90 7.67 7.73 7.30 7.88 6.96 8.11 9.08

The activity ratios of The Hain Celestial Group Inc over the past few quarters show fluctuations in its operational efficiency and effectiveness in managing its resources.

1. Inventory Turnover:
- The company's inventory turnover ranged from 4.62 to 6.74 over the last eight quarters.
- Overall, the inventory turnover has been relatively stable, with a slight increase in recent quarters.
- This indicates that the company is efficiently managing its inventory levels and turning over its stock at a consistent pace.

2. Receivables Turnover:
- The receivables turnover varied from 8.80 to 12.47 during the same period.
- There is some volatility in receivables turnover, with fluctuations in customer payment patterns.
- The company has shown an ability to collect on its receivables in a timely manner, with some quarters performing better than others.

3. Payables Turnover:
- Payables turnover ranged from 6.89 to 14.17 over the past eight quarters.
- There is significant variability in payables turnover, indicating changes in the company's payment policies and relationships with suppliers.
- A higher payables turnover signifies that the company is taking longer to pay its suppliers, which can sometimes indicate cash flow management strategies.

4. Working Capital Turnover:
- The working capital turnover ranged from 4.87 to 9.08 over the same period.
- There is notable variability in working capital turnover, reflecting changes in the company's operational efficiency and effectiveness in utilizing its working capital.
- A higher working capital turnover indicates that the company is effectively deploying its resources to generate sales.

Overall, while The Hain Celestial Group Inc has shown some variability in its activity ratios, the company has generally maintained efficient operations in managing its inventory, receivables, payables, and working capital over the examined periods.

Average number of days

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 Dec 31, 2019 Sep 30, 2019
Days of inventory on hand (DOH) days 54.82 54.74 54.16 59.33 59.33 61.28 67.38 64.98 63.27 61.95 61.84 57.59 56.49 79.06 74.26 70.90 61.19 58.39 67.45 67.68
Days of sales outstanding (DSO) days 38.97 41.48 41.02 33.39 33.47 36.21 34.87 33.60 32.93 30.60 31.73 34.16 32.12 34.27 32.38 29.28 30.38 41.32 35.13 33.89
Number of days of payables days 37.64 34.83 31.01 26.94 25.77 28.35 31.91 32.49 35.90 37.18 38.44 35.50 34.03 52.95 51.60 44.77 42.17 44.57 44.64 42.55

The Days of Inventory on Hand (DOH) for The Hain Celestial Group Inc have been relatively stable around the range of 54 to 67 days over the past few quarters. This indicates that the company is efficient in managing its inventory levels.

The Days of Sales Outstanding (DSO) have fluctuated between 29 to 41 days over the analyzed period. A decreasing trend in DSO implies that the company is collecting its accounts receivable faster, which is a positive sign for liquidity and cash flow.

The Number of Days of Payables shows that the company takes around 27 to 38 days to pay its suppliers. There has been a slight increase in the number of days of payables over the recent quarters, indicating a potential strain on the company's working capital management.

In summary, The Hain Celestial Group Inc has shown efficient inventory management and improved accounts receivable collection, but there may be a need to monitor the increase in the number of days of payables for its impact on working capital.

Long-term

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 Dec 31, 2019 Sep 30, 2019
Fixed asset turnover 6.42 6.37 6.27 6.05 5.93 6.10 6.30 6.67 6.37 6.06 5.89 6.20 6.33 6.52 7.07 7.51 7.10 7.30 7.19 7.72
Total asset turnover 0.79 0.78 0.77 0.78 0.78 0.79 0.76 0.78 0.77 0.78 0.76 0.90 0.90 0.91 0.92 0.94 0.94 0.94 0.94 0.99

The fixed asset turnover ratio for The Hain Celestial Group Inc has been relatively stable over the past few quarters, ranging between 5.89 and 7.72. This indicates that the company generates sales efficiently from its investment in fixed assets such as property, plant, and equipment.

On the other hand, the total asset turnover ratio has also shown consistency, with values fluctuating between 0.76 and 0.99. This ratio reflects how well the company utilizes all its assets to generate revenue.

Overall, the fixed asset turnover ratio suggests that the company has been effectively utilizing its fixed assets to generate sales, while the total asset turnover ratio indicates consistent performance in generating revenue relative to its total assets.