Alliant Energy Corp (LNT)

Short-term

Turnover ratios

Based on the provided data, we can analyze the activity ratios of Alliant Energy Corp as follows:

1. Inventory Turnover:
- The inventory turnover ratio indicates how efficiently a company is managing its inventory by showing the number of times the inventory is sold and replaced during a period.
- Alliant Energy Corp's inventory turnover has trended downward from 9.00 in 2020 to 7.46 in 2024. A decreasing trend in inventory turnover may indicate either excess inventory levels or a slowdown in sales.
- A lower inventory turnover may tie up capital in excess inventory and potentially lead to higher holding costs.

2. Receivables Turnover:
- The receivables turnover ratio measures how well a company is collecting outstanding credit sales from its customers during a period.
- The data provided shows that the receivables turnover figures are not available for the years 2020 to 2024. This lack of data makes it challenging to assess Alliant Energy Corp's effectiveness in collecting its receivables promptly.

3. Payables Turnover:
- The payables turnover ratio reflects how efficiently a company pays its suppliers relative to its purchases on credit.
- Similar to receivables turnover, the data indicates that payables turnover figures are not available for the years 2020 to 2024. Without this information, it is difficult to evaluate how effectively Alliant Energy Corp manages its payables.

4. Working Capital Turnover:
- The working capital turnover ratio measures how effectively a company utilizes its working capital to generate sales revenue.
- The data provided shows that the working capital turnover figures are not available for the years 2020 to 2024. Without this metric, it is challenging to gauge how efficiently Alliant Energy Corp is utilizing its working capital resources.

In conclusion, while the inventory turnover ratio provides insights into Alliant Energy Corp's inventory management efficiency, the absence of data for receivables turnover, payables turnover, and working capital turnover limits a comprehensive analysis of the company's overall activity ratios. It would be beneficial to have more complete financial data to evaluate Alliant Energy Corp's operational performance more comprehensively.

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Average number of days

The activity ratios of Alliant Energy Corp provide insights into how efficiently the company manages its operating assets and liabilities.

1. Days of Inventory on Hand (DOH):
- The number of days of inventory on hand has been gradually increasing from 40.56 days as of December 31, 2020, to 48.92 days as of December 31, 2024.
- This indicates that the company is holding onto its inventory for a longer period, which may suggest either slower sales or difficulties in managing inventory levels effectively.

2. Days of Sales Outstanding (DSO):
- The data provided does not include information on Days of Sales Outstanding (DSO), which measures how quickly the company is collecting payments from its customers.
- Without this information, it is challenging to assess the efficiency of Alliant Energy Corp in collecting its accounts receivable.

3. Number of Days of Payables:
- Similarly, the data does not include the Number of Days of Payables, which would provide insights into how long it takes for the company to pay its suppliers.
- Without this information, it is unclear how Alliant Energy Corp manages its accounts payable and whether it is taking advantage of favorable credit terms.

Overall, the increasing trend in Days of Inventory on Hand indicates a potential inefficiency in managing inventory levels, while the lack of data on DSO and Number of Days of Payables limits a comprehensive analysis of the company's overall operating efficiency.

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Long-term

The fixed asset turnover ratio for Alliant Energy Corp has remained relatively stable over the past few years, with a slight increase from 0.24 in 2020 and 2021 to 0.26 in 2022. This indicates that Alliant Energy Corp generates $0.26 in revenue for every dollar invested in fixed assets, reflecting efficiency in utilizing its fixed assets to generate sales.

In comparison, the total asset turnover ratio has shown a fluctuating trend, increasing from 0.19 in 2020 to a peak of 0.21 in 2022 before decreasing to 0.18 in 2024. This ratio reflects the company's ability to generate sales from its total assets. The decline in the total asset turnover ratio in 2024 may indicate a decrease in overall asset utilization efficiency.

Overall, while the fixed asset turnover ratio suggests consistent efficiency in using fixed assets to generate revenue, the fluctuation in the total asset turnover ratio raises questions about the company's overall asset management and sales generation effectiveness.