IAC Inc. (IAC)
Activity ratios
Short-term
Turnover ratios
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Inventory turnover | — | — | — | 42.56 | 2.93 |
| Receivables turnover | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
| Working capital turnover | 2.38 | 3.38 | 3.53 | 2.48 | 0.82 |
IAC Inc.'s inventory turnover ratio has shown a significant improvement over the years, increasing from 2.93 in 2020 to 42.56 in 2021. This suggests that the company is managing its inventory more efficiently by selling and replenishing stock at a much faster rate.
The receivables turnover ratio data is not available, indicating that the company may not provide credit sales or that the information is not disclosed publicly for these years. Without this data, it is challenging to assess how effectively IAC Inc. is collecting its accounts receivable.
Similarly, the payables turnover ratio data is not provided, making it difficult to evaluate how efficiently IAC Inc. is managing its payments to suppliers.
Regarding the working capital turnover ratio, there has been a fluctuating trend from 2020 to 2024. The ratio increased to 2.48 in 2021 but then saw further increments in the following years, with a peak of 3.53 in 2022. This indicates that the company's working capital is being used more effectively to generate revenue. However, the ratio dropped to 2.38 in 2024, suggesting a potential decrease in operational efficiency or revenue generation from working capital during that year.
In conclusion, while IAC Inc. has shown significant improvements in inventory turnover and working capital turnover ratios, the lack of data for receivables and payables turnover ratios hinders a comprehensive assessment of the company's overall efficiency in managing its assets and liabilities.
Average number of days
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Days of inventory on hand (DOH) | days | — | — | — | 8.58 | 124.70 |
| Days of sales outstanding (DSO) | days | — | — | — | — | — |
| Number of days of payables | days | — | — | — | — | — |
Based on the provided data for IAC Inc., the activity ratios can provide insights into how efficiently the company manages its inventory, sales, and payables.
1. Days of Inventory on Hand (DOH):
- In 2020, IAC Inc. had 124.70 days of inventory on hand, indicating that the company held its inventory for a relatively long period before selling it.
- The significant decrease in DOH to 8.58 days in 2021 suggests that IAC Inc. improved its inventory management efficiency by reducing the time it takes to sell its inventory.
- The absence of data for 2022, 2023, and 2024 indicates a lack of information to assess inventory management for those years.
2. Days of Sales Outstanding (DSO):
- The absence of data for DSO in all years (2020-2024) indicates a lack of information to assess the average collection period for IAC Inc.'s accounts receivable.
- Without this data, it is challenging to evaluate how quickly the company is collecting payments from its customers.
3. Number of Days of Payables:
- The absence of data for the number of days of payables in all years (2020-2024) indicates a lack of information to analyze how long IAC Inc. takes to pay its suppliers.
- Understanding the payment terms with suppliers is crucial as it can impact the company's cash flow and relationships with vendors.
Overall, the limited data provided restricts a comprehensive analysis of IAC Inc.'s activity ratios, particularly concerning days of sales outstanding and number of days of payables. More information on these metrics would be necessary to gain a deeper understanding of the company's efficiency in managing its working capital components.
Long-term
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Fixed asset turnover | — | — | 29.72 | 22.66 | 25.65 |
| Total asset turnover | 0.40 | 0.42 | 0.50 | 0.29 | 0.30 |
IAC Inc.'s fixed asset turnover ratio indicates the efficiency with which the company is utilizing its fixed assets to generate sales. The trend over the years shows a fluctuation from 25.65 in 2020 to 29.72 in 2022. However, there is missing data for 2023 and 2024. A higher fixed asset turnover ratio suggests better utilization of fixed assets to generate revenue.
On the other hand, the total asset turnover ratio reflects how efficiently the company is using all its assets to generate sales. The trend for IAC Inc. shows a slight decrease from 0.30 in 2020 to 0.40 in 2024, with a peak of 0.50 in 2022. Overall, this indicates a varying efficiency in utilizing total assets to generate revenue over the years.
These ratios are essential in evaluating the effectiveness of IAC Inc.'s asset management and operational performance, providing insights into the company's ability to generate revenue relative to its asset base.