Integer Holdings Corp (ITGR)
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 | 5.20 | 4.73 | 4.55 | 4.61 | 4.92 | 4.95 | 4.83 | 4.75 | 4.87 | 4.63 | 4.84 | 5.24 | 5.68 | 5.69 | 5.43 | 4.95 | 5.28 | 5.37 | 5.07 | 5.34 |
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Working capital turnover | 3.90 | 3.34 | 3.54 | 3.50 | 4.02 | 3.83 | 3.59 | 3.58 | 4.11 | 3.68 | 3.82 | 3.86 | 4.16 | 4.11 | 4.10 | 4.18 | 4.18 | 3.27 | 2.81 | 4.63 |
Inventory Turnover Ratio:
Integer Holdings Corp's inventory turnover ratio has been relatively stable over the past few years, ranging from 4.55 to 5.69. This indicates that the company is able to sell and replace its inventory efficiently, with higher ratios suggesting better inventory management.
Receivables Turnover Ratio:
The receivables turnover ratio, unfortunately, is not provided for Integer Holdings Corp in the dataset. As a result, we are unable to analyze the efficiency of the company in collecting its accounts receivables.
Payables Turnover Ratio:
Similar to the receivables turnover, the payables turnover ratio is also not available for Integer Holdings Corp in the dataset. Without this information, it is difficult to assess how quickly the company pays off its suppliers.
Working Capital Turnover Ratio:
The working capital turnover ratio for Integer Holdings Corp has shown some fluctuations, but overall, it has been relatively stable between 3.34 and 4.63. This indicates the company's ability to generate sales based on the available working capital. A higher ratio suggests efficient utilization of working capital to generate revenue.
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 | 70.14 | 77.12 | 80.13 | 79.25 | 74.25 | 73.69 | 75.50 | 76.87 | 74.92 | 78.89 | 75.39 | 69.70 | 64.28 | 64.18 | 67.20 | 73.68 | 69.19 | 68.03 | 72.04 | 68.40 |
| Days of sales outstanding (DSO) | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Number of days of payables | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Integer Holdings Corp's Days of Inventory on Hand (DOH) has shown some fluctuations over the periods provided, ranging from a low of 64.18 days on September 30, 2021, to a high of 80.13 days on June 30, 2024. This indicates variations in the efficiency of managing inventory levels during these periods.
The Days of Sales Outstanding (DSO) and Number of Days of Payables data are not provided for analysis, so it is not possible to assess the company's efficiency in collecting receivables and managing payables during the same periods.
In conclusion, while the analysis of Integer Holdings Corp's DOH gives some insights into its inventory management efficiency, a more comprehensive view would require information on DSO and payables turnover to assess the company's overall working capital management.
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 | — | — | — | — | — | 3.53 | 4.28 | 4.36 | 4.34 | 4.66 | 3.59 | 4.53 | 3.52 | 3.96 | 3.70 | 3.46 | 4.23 | 4.52 | 4.84 | 5.16 |
| Total asset turnover | 0.56 | 0.54 | 0.53 | 0.52 | 0.54 | 0.55 | 0.52 | 0.50 | 0.49 | 0.48 | 0.46 | 0.48 | 0.47 | 0.50 | 0.47 | 0.44 | 0.45 | 0.46 | 0.47 | 0.53 |
Integer Holdings Corp's fixed asset turnover ratio has fluctuated over the years, indicating how efficiently the company is utilizing its fixed assets to generate revenue. The ratio tends to be relatively high, with values ranging from 3.46 to 5.16. This suggests that Integer Holdings Corp has been effective in generating sales relative to its investment in fixed assets, although there was a slight decrease in efficiency in recent quarters.
The total asset turnover ratio, on the other hand, reflects how well the company is utilizing all its assets to generate sales. The ratio ranges from 0.44 to 0.56, indicating that Integer Holdings Corp has been able to generate sales relative to its total asset base, with some variability over time. Overall, the company seems to be effectively using its assets to generate sales, although there has been some fluctuation in performance in this regard as well.
It would be important to monitor these ratios in future periods to assess whether the company can maintain or improve its efficiency in asset utilization, which can have implications for its overall financial performance and profitability.