Insight Enterprises Inc (NSIT)
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 | 56.58 | 47.03 | 50.22 | 44.33 | 40.66 | 42.28 | 32.50 | 31.84 | 33.17 | 24.17 | 23.45 | 21.91 | 24.35 | 28.78 | 34.06 | 27.97 | 37.92 | 44.51 | 33.14 | 29.50 |
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Working capital turnover | 12.05 | 9.67 | 10.18 | 9.80 | 9.58 | 9.69 | 9.46 | 11.73 | 10.09 | 6.94 | 7.27 | 9.07 | 8.96 | 7.78 | 8.07 | 8.57 | 8.79 | 10.95 | 9.98 | 7.66 |
Insight Enterprises Inc's inventory turnover ratio, which measures how efficiently the company is managing its inventory, has fluctuated over the period analyzed. It started at a relatively high level of 29.50 in March 2020, peaked at 56.58 in December 2024, indicating an improvement in inventory management efficiency.
On the other hand, the receivables turnover and payables turnover ratios are unavailable for analysis, as the data is not provided.
The working capital turnover ratio, which measures how effectively the company is using its working capital to generate revenue, has also varied over the period. It ranged from a low of 6.94 in September 2022 to a high of 12.05 in December 2024, suggesting fluctuations in the company's efficiency in utilizing its working capital to generate sales.
Overall, analyzing these activity ratios provides insights into Insight Enterprises Inc's efficiency in managing its inventory and working capital, although further analysis incorporating receivables turnover and payables turnover would provide a more comprehensive view of the company's operational efficiency over time.
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 | 6.45 | 7.76 | 7.27 | 8.23 | 8.98 | 8.63 | 11.23 | 11.46 | 11.00 | 15.10 | 15.57 | 16.66 | 14.99 | 12.68 | 10.72 | 13.05 | 9.62 | 8.20 | 11.01 | 12.37 |
| Days of sales outstanding (DSO) | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Number of days of payables | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Insight Enterprises Inc's Days of Inventory on Hand (DOH) ratio has shown a fluctuating trend over the past few years. In general, the company has been able to manage its inventory efficiently. The DOH decreased from 12.37 days as of March 31, 2020, to 6.45 days as of December 31, 2024. This indicates a significant improvement in inventory management during this period.
On the other hand, the Days of Sales Outstanding (DSO) and Number of Days of Payables ratios are not available in the data provided. The absence of these ratios restricts a comprehensive analysis of Insight Enterprises Inc's liquidity and cash conversion cycle efficiency.
In conclusion, based on the available information, Insight Enterprises Inc has been successful in optimizing its inventory levels, as reflected by the decreasing trend in the Days of Inventory on Hand ratio. However, a more comprehensive analysis of activity ratios, including DSO and payables turnover, would provide a more holistic view of the company's operational efficiency and cash flow 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 | — | — | — | — | — | — | 48.16 | 50.28 | 37.20 | 52.14 | 52.14 | 52.15 | 53.53 | 60.24 | 57.68 | 56.48 | 57.12 | 65.42 | 65.28 | 63.64 |
| Total asset turnover | 1.17 | 1.22 | 1.23 | 1.41 | 1.46 | 1.86 | 1.75 | 2.04 | 2.04 | 2.10 | 1.86 | 2.04 | 2.01 | 2.07 | 1.85 | 1.97 | 1.93 | 2.18 | 1.92 | 2.02 |
Insight Enterprises Inc has experienced fluctuations in its long-term activity ratios over the years.
1. Fixed Asset Turnover: The fixed asset turnover ratio measures how efficiently a company is using its fixed assets to generate revenue. Insight Enterprises Inc's fixed asset turnover ratio has shown a generally decreasing trend from March 2020 to December 2022, indicating a declining efficiency in utilizing its fixed assets to generate sales. The ratio reached its lowest point in December 2022 at 37.20, suggesting that the company may need to assess its fixed asset utilization strategies.
2. Total Asset Turnover: The total asset turnover ratio reflects how well a company is utilizing all its assets to generate revenue. Insight Enterprises Inc's total asset turnover ratio has fluctuated over the years, with peaks and troughs observed. The ratio generally declined from September 2021 to December 2023, indicating a potential decrease in the company's overall asset efficiency in generating sales revenue. This decline could be a result of various factors such as changes in the company's operations or asset management strategies.
Overall, Insight Enterprises Inc's long-term activity ratios suggest a need for the company to closely monitor and potentially optimize its asset utilization strategies to improve operational efficiency and maximize revenue generation. Additional analysis and context around these ratios may provide further insights into the company's long-term performance and performance prospects.