N-Able Inc (NABL)
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Working capital turnover | 13.72 | 2.43 | 2.69 | 2.93 | 2.95 | 3.29 | 3.59 | 3.85 | 4.03 | 4.34 | 4.24 | 5.02 | 5.76 | 6.03 | 9.81 | 3.51 | 3.74 |
N-Able Inc's activity ratios provide insight into its efficiency in managing various aspects of its operations.
1. Inventory Turnover: The inventory turnover ratio measures how many times inventory is sold and replaced over a period. Unfortunately, there is no data available for N-Able Inc's inventory turnover, which makes it challenging to assess the company's inventory management efficiency.
2. Receivables Turnover: This ratio indicates how quickly the company collects its accounts receivable. Similarly, data on N-Able Inc's receivables turnover is not provided, which limits our ability to evaluate its effectiveness in collecting payments from customers.
3. Payables Turnover: The payables turnover ratio signifies how efficiently the company pays its suppliers. Regrettably, specific figures for N-Able Inc's payables turnover are not available, making it difficult to gauge the company's payment practices.
4. Working Capital Turnover: The working capital turnover ratio reflects how efficiently the company utilizes its working capital to generate revenue. N-Able Inc's working capital turnover has fluctuated over the years, indicating changing efficiency levels. The ratio has decreased from 3.74 in December 2020 to 2.43 in September 2024. A higher turnover ratio generally indicates better efficiency in utilizing working capital to generate sales.
Overall, the absence of data on inventory turnover, receivables turnover, and payables turnover limits a comprehensive assessment of N-Able Inc's activity ratios. However, based on the available information on working capital turnover, the company's efficiency in utilizing working capital to drive revenue has shown variability over the reporting periods.
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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Days of inventory on hand (DOH) | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Days of sales outstanding (DSO) | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Number of days of payables | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Based on the provided data on N-Able Inc's activity ratios, we observe that there is no specific information available for Days of Inventory on Hand (DOH), Days of Sales Outstanding (DSO), and Number of Days of Payables for the period from December 31, 2020, to December 31, 2024. As a result, we are unable to calculate or analyze these activity ratios for N-Able Inc during this timeframe.
It is important to note that these activity ratios are crucial for evaluating the efficiency of a company's operations and its management of inventory, accounts receivable, and accounts payable. However, without specific data points for the relevant periods, a detailed analysis of these activity ratios for N-Able Inc cannot be provided.
Further information or updated data on N-Able Inc's activity ratios would be necessary to conduct a meaningful analysis and assess the company's operational efficiency and performance in managing its working capital.
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fixed asset turnover | — | — | — | — | — | 6.16 | 10.32 | 10.27 | 9.94 | 5.20 | 9.89 | 9.45 | 4.62 | 10.13 | 5.29 | 9.56 | — |
| Total asset turnover | 0.35 | 0.37 | 0.38 | 0.38 | 0.36 | 0.36 | 0.36 | 0.35 | 0.34 | 0.35 | 0.35 | 0.34 | 0.33 | 0.32 | 0.31 | 0.29 | 0.28 |
The Fixed Asset Turnover ratio for N-Able Inc fluctuated over the years, indicating varying efficiency in generating sales from fixed assets. It ranged from a high of 10.32 in June 30, 2023, to a low of 4.62 in December 31, 2021. The company seems to have improved its efficiency in utilizing fixed assets towards the end of the period, with a ratio of 10.27 in March 31, 2023.
On the other hand, the Total Asset Turnover ratio remained relatively stable for N-Able Inc, hovering around 0.35 for most of the period. This ratio indicates how efficiently the company is utilizing all its assets to generate sales. The slight increase to 0.38 in March 31, 2024, suggests a potential improvement in overall asset utilization efficiency.
Overall, N-Able Inc has shown mixed performance in terms of long-term activity ratios, with the Fixed Asset Turnover ratio being more volatile compared to the Total Asset Turnover ratio, which remained relatively steady. It is important for the company to continue monitoring and improving these ratios to ensure optimal utilization of assets and sustained profitability.