Koppers Holdings Inc (KOP)
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 | 4.22 | 4.30 | 4.35 | 4.40 | 4.41 | 4.65 | 4.61 | 4.42 | 4.60 | 5.10 | 4.50 | 4.23 | 4.28 | 4.46 | 4.49 | 4.38 | 4.42 | 4.96 | 5.27 | 5.13 |
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Working capital turnover | 5.90 | 4.80 | 4.87 | 5.36 | 5.77 | 5.49 | 5.03 | 5.16 | 6.33 | 6.04 | 5.30 | 4.50 | 4.90 | 4.80 | 4.87 | 4.90 | 6.13 | 6.24 | 6.09 | 6.17 |
Koppers Holdings Inc's inventory turnover has shown fluctuation over the past few years, ranging from a low of 4.22 in December 2024 to a high of 5.27 in June 2020. The general trend indicates a slight decrease in inventory turnover in recent periods, suggesting that the company may be taking longer to sell its inventory.
The receivables turnover ratio data is not provided, which makes it challenging to assess how efficiently Koppers Holdings Inc is collecting on its receivables.
Similarly, the payables turnover ratio information is also unavailable, making it difficult to evaluate how effectively the company is managing its payables.
On the other hand, the working capital turnover ratio has shown variability but generally remains within a moderate range. This ratio indicates how effectively the company is using its working capital to generate sales. The trend shows some fluctuations but no clear pattern over the periods analyzed.
In conclusion, while the inventory turnover and working capital turnover ratios provide some insights into Koppers Holdings Inc's operational efficiency, the lack of information on receivables and payables turnover ratios limits the overall assessment of the company's working capital management.
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 | 86.53 | 84.90 | 83.86 | 83.00 | 82.77 | 78.46 | 79.17 | 82.64 | 79.36 | 71.51 | 81.04 | 86.23 | 85.19 | 81.85 | 81.31 | 83.36 | 82.50 | 73.63 | 69.28 | 71.17 |
| Days of sales outstanding (DSO) | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Number of days of payables | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
The Days of Inventory on Hand (DOH) for Koppers Holdings Inc ranged from 69.28 days to 86.53 days over the past five years. It indicates the average number of days the company holds inventory before it is sold. The trend shows a slight increase in inventory holding periods towards the end of the period, which may suggest potential issues with inventory management or slowing sales.
The Days of Sales Outstanding (DSO) and Number of Days of Payables data are not provided, indicating a lack of visibility into the company's accounts receivable and accounts payable turnover. These ratios are crucial for understanding the efficiency of the company's collection of receivables and payment to suppliers.
Overall, based on the available DOH data, Koppers Holdings Inc needs to monitor its inventory levels closely to avoid overstocking and potential obsolescence. Additionally, it would be beneficial for the company to improve transparency by providing data on DSO and payables turnover for a more comprehensive analysis of its activity ratios.
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 | — | — | — | — | — | 3.07 | 3.11 | 3.53 | 3.08 | 3.61 | 3.45 | 3.39 | 3.43 | 3.00 | 3.10 | 4.02 | 4.08 | 4.39 | 4.62 | 4.90 |
| Total asset turnover | 1.11 | 1.09 | 1.09 | 1.16 | 1.17 | 1.17 | 1.16 | 1.13 | 1.16 | 1.15 | 1.06 | 1.00 | 1.01 | 1.01 | 1.00 | 1.02 | 1.04 | 1.09 | 1.10 | 1.11 |
The Fixed Asset Turnover ratio for Koppers Holdings Inc has been gradually decreasing from 4.90 in March 2020 to 3.53 in March 2023. This indicates that the company is generating less revenue per dollar of fixed assets over the period.
In contrast, the Total Asset Turnover ratio has been relatively stable, ranging from 1.04 to 1.17 from December 2020 to September 2023. This implies that the company is efficiently utilizing its total assets to generate revenue.
Overall, the declining trend in Fixed Asset Turnover may raise concerns about the company's operational efficiency and utilization of fixed assets. However, the stable Total Asset Turnover suggests that Koppers Holdings Inc is effectively managing its total assets to drive revenue generation. Investors and analysts may want to further investigate the reasons behind the decreasing Fixed Asset Turnover ratio to assess the company's long-term sustainability and profitability.