NV5 Global Inc (NVEE)
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 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Working capital turnover | 4.27 | 4.73 | 4.68 | 5.41 | 5.17 | 5.36 | 5.76 | 5.87 | 6.06 | 5.22 | 5.69 | 4.78 | 5.05 | 3.20 | 3.64 | 4.41 | 4.32 | 3.79 | 3.57 | 3.74 |
Based on the provided data for NV5 Global Inc, we observe the following trends in the activity ratios:
1. Inventory Turnover: The inventory turnover ratio, which indicates how efficiently a company manages its inventory, is not available for the specified time periods. Without this information, it is difficult to assess NV5 Global Inc's inventory management efficiency.
2. Receivables Turnover: The receivables turnover ratio, which reflects how quickly a company collects its outstanding receivables, is not provided for the given time periods. The absence of this ratio limits our ability to evaluate NV5 Global Inc's effectiveness in collecting its receivables.
3. Payables Turnover: The payables turnover ratio, which demonstrates how fast a company pays its suppliers, is not disclosed for the mentioned periods. This hinders our assessment of NV5 Global Inc's payment practices to its suppliers.
4. Working Capital Turnover: The working capital turnover ratio, which shows how efficiently a company utilizes its working capital, demonstrates fluctuating trends over the reported quarters. A higher ratio indicates efficient utilization of working capital to generate sales revenue.
Overall, the availability of complete data for inventory turnover, receivables turnover, and payables turnover ratios would provide a more comprehensive view of NV5 Global Inc's operational efficiency and financial management. The fluctuations in the working capital turnover ratio indicate changes in the company's ability to generate sales relative to its working capital levels. It would be beneficial to analyze the missing activity ratios to get a clearer picture of NV5 Global Inc's performance in managing its operational assets and liabilities.
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 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Days of sales outstanding (DSO) | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Number of days of payables | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Based on the provided data, the activity ratios of NV5 Global Inc, namely Days of Inventory on Hand (DOH), Days of Sales Outstanding (DSO), and Number of Days of Payables, are not available. This lack of information on these activity ratios prevents us from conducting a detailed analysis of the efficiency of NV5 Global Inc's inventory management, accounts receivable collection, and accounts payable management.
Without specific values for these ratios, we are unable to assess the company's performance in managing its inventory levels, collecting receivables in a timely manner, and utilizing favorable payment terms with its suppliers. Monitoring these activity ratios over time can provide valuable insights into the operational efficiency and liquidity position of the company.
Therefore, it is recommended to obtain the necessary data to calculate and analyze these activity ratios to gain a better understanding of NV5 Global Inc's operational effectiveness and financial performance.
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 | — | — | — | — | — | — | 9.10 | — | 9.72 | 9.94 | 9.57 | 9.51 | 9.18 | 9.16 | 9.01 | 9.04 | 9.34 | 8.52 | 7.94 | 20.07 |
| Total asset turnover | 0.65 | 0.75 | 0.76 | 0.76 | 0.71 | 0.69 | 0.69 | 0.72 | 0.84 | 0.82 | 0.81 | 0.77 | 0.73 | 0.71 | 0.71 | 0.72 | 0.75 | 0.71 | 0.66 | 0.62 |
The fixed asset turnover ratio for NV5 Global Inc has shown a downward trend from 20.07 in March 2020 to 9.72 in December 2022, indicating a decrease in the company's ability to generate sales from its fixed assets efficiently during this period. However, there was a slight increase to 9.94 in September 2022 before declining again.
On the other hand, the total asset turnover ratio fluctuated over the same period, ranging from 0.62 in March 2020 to 0.65 in December 2024. This ratio measures the company's ability to generate sales from its total assets, and the variations may suggest changes in the company's asset utilization efficiency.
Overall, the analysis of NV5 Global Inc's long-term activity ratios indicates mixed performance in utilizing both fixed and total assets to generate sales over the years analyzed.