Lantheus Holdings Inc (LNTH)
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 | 7.87 | 7.30 | 7.10 | 6.90 | 9.17 | 9.90 | 10.24 | 11.80 | 9.96 | 9.46 | 8.73 | 7.76 | 6.76 | 6.52 | 6.75 | 6.57 | 5.61 | 5.05 | 5.15 | 5.93 |
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Working capital turnover | 1.41 | 2.93 | 1.49 | 1.50 | 1.44 | 1.56 | 1.88 | 2.07 | 2.17 | 3.01 | 3.58 | 3.68 | 2.93 | 3.13 | 3.35 | 3.29 | 3.27 | 3.26 | 3.17 | 2.97 |
Lantheus Holdings Inc's Inventory turnover ratio has shown a general increasing trend over the periods, indicating that the company is managing its inventory more efficiently. The ratio has steadily improved from 5.93 on March 31, 2020, to 7.87 on December 31, 2024. This suggests that the company is selling its inventory at a faster rate, which can lead to better liquidity and reduced carrying costs.
On the other hand, the Receivables turnover and Payables turnover ratios are not provided, indicating that the data for these ratios is missing or might not be applicable for the company. Without this information, it is challenging to assess how quickly Lantheus Holdings Inc is collecting receivables from customers or paying its suppliers.
The Working capital turnover ratio has fluctuated over the periods. It peaked at 3.68 on March 31, 2022, and then gradually declined to 1.41 on December 31, 2024. A decreasing trend in this ratio may suggest inefficiencies in the utilization of working capital to generate sales revenue. This could be a point of concern for the company's management as it indicates a potential decline in operational efficiency or revenue generation capabilities.
Overall, while Lantheus Holdings Inc has shown improvement in managing its inventory, there are some uncertainties due to the missing data for receivables and payables turnover ratios. The fluctuating trends in the working capital turnover ratio warrant further investigation into the company's operational efficiency and financial performance.
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 | 46.35 | 49.98 | 51.41 | 52.89 | 39.82 | 36.88 | 35.63 | 30.94 | 36.64 | 38.60 | 41.79 | 47.02 | 53.98 | 55.98 | 54.04 | 55.56 | 65.02 | 72.30 | 70.93 | 61.53 |
| Days of sales outstanding (DSO) | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Number of days of payables | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Based on the provided data, we analyzed Lantheus Holdings Inc activity ratios which include Days of Inventory on Hand (DOH) and Days of Sales Outstanding (DSO).
1. Days of Inventory on Hand (DOH):
- Lantheus Holdings Inc's DOH has shown a decreasing trend over the years, indicating efficient management of inventory levels.
- In Q1 2020, DOH was 61.53 days, which decreased to 36.64 days by Q4 2022, reflecting a significant improvement in inventory management efficiency.
- The latest data for DOH as of Q4 2024 was 46.35 days, showing a slight increase from the previous quarter.
2. Days of Sales Outstanding (DSO):
- The data does not provide specific values for DSO, suggesting that this metric was not reported or calculated for Lantheus Holdings Inc during the mentioned periods.
- Due to the absence of DSO values, it is not possible to analyze the efficiency of the company in collecting accounts receivable within a certain period.
Overall, Lantheus Holdings Inc has shown improvement in managing its inventory levels efficiently, as evidenced by the decreasing trend in DOH. However, the lack of DSO data limits the analysis of the company's effectiveness in collecting accounts receivable within a given time frame.
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 | — | — | — | — | — | — | 8.65 | — | 6.62 | 6.21 | 5.58 | 4.31 | 3.64 | 3.35 | 3.18 | 2.88 | 2.82 | 2.73 | 2.70 | 3.24 |
| Total asset turnover | 0.77 | 0.73 | 0.74 | 0.75 | 0.79 | 0.79 | 0.84 | 0.76 | 0.71 | 0.73 | 0.66 | 0.58 | 0.49 | 0.46 | 0.44 | 0.40 | 0.39 | 0.38 | 0.38 | 0.87 |
The fixed asset turnover ratio of Lantheus Holdings Inc has shown a positive trend over the years, increasing from 3.24 in March 2020 to 6.62 in December 2022, indicating that the company has been able to generate more revenue from its fixed assets efficiently. This improvement suggests better utilization of the company's property, plant, and equipment to drive sales.
In comparison, the total asset turnover ratio reflects a different pattern for Lantheus Holdings Inc. The ratio saw a significant decline from 0.87 in March 2020 to 0.38 in June 2020 but has recovered since then, reaching 0.77 by December 2024. This ratio measures the company's overall ability to generate revenue from all its assets, including both fixed and current assets. The increase in this ratio over time demonstrates an improvement in the company's efficiency in using its total assets to generate sales.
Overall, the increasing trend in fixed asset turnover and the fluctuating but recovering trend in total asset turnover ratios suggest that Lantheus Holdings Inc has been managing its assets more effectively, leading to increased revenue generation and potentially higher profitability in the long term.