Northwest Natural Gas Co (NWN)
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 | 4.33 | 6.73 | 7.89 | 8.70 | 7.91 | 8.87 | 12.05 | 18.75 | 7.99 | 6.38 | 9.32 | 17.10 | 9.28 | 8.27 | 12.51 | 18.33 | 11.08 | 10.56 | 10.78 | 13.49 |
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Working capital turnover | — | — | — | 16.84 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Northwest Natural Gas Co's inventory turnover has shown some fluctuation over the years, ranging from a low of 4.33 to a high of 18.75. The average inventory turnover for the period was approximately 10.94, indicating that the company effectively managed its inventory levels during this time.
The receivables turnover, payables turnover, and working capital turnover ratios were not provided, implying that there is a lack of data to assess these specific activity ratios for the company. This limits the ability to fully evaluate the efficiency of the company's accounts receivable collection, payment of accounts payable, and utilization of working capital.
Overall, based on the available data, Northwest Natural Gas Co has generally maintained a reasonably healthy inventory turnover ratio, suggesting effective management of its inventory levels, which is crucial for a company operating in the gas industry.
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 | 84.24 | 54.20 | 46.29 | 41.95 | 46.16 | 41.17 | 30.28 | 19.46 | 45.67 | 57.23 | 39.17 | 21.35 | 39.34 | 44.14 | 29.17 | 19.91 | 32.93 | 34.57 | 33.87 | 27.07 |
| Days of sales outstanding (DSO) | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Number of days of payables | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Northwest Natural Gas Co's Days of Inventory on Hand (DOH) ratio has fluctuated over the analyzed periods, ranging from a low of 19.46 days to a high of 84.24 days. There is an evident volatility in this ratio, potentially indicating fluctuations in inventory management efficiency.
Unfortunately, data regarding the Days of Sales Outstanding (DSO) and Number of Days of Payables ratios are not available for the periods provided. Consequently, a comprehensive analysis of the company's overall activity and efficiency is limited.
For a more robust evaluation of Northwest Natural Gas Co's operational efficiency and liquidity management, further data on DSO and payables turnover ratios would be essential.
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 | — | — | — | — | — | 3.17 | 0.37 | 0.36 | 0.33 | 0.31 | 0.32 | 0.31 | 0.30 | 0.29 | 0.29 | 0.30 | 0.29 | 0.29 | 0.29 | 0.29 |
| Total asset turnover | 0.22 | 0.23 | 0.24 | 0.24 | 0.24 | 0.26 | 0.26 | 0.25 | 0.22 | 0.22 | 0.23 | 0.22 | 0.21 | 0.21 | 0.22 | 0.21 | 0.21 | 0.21 | 0.21 | 0.19 |
Northwest Natural Gas Co's fixed asset turnover ratio has shown a gradual increase over the years, starting at 0.29 in March 2020 and reaching 0.33 in December 2022. However, there was a significant spike to 3.17 in September 2023, which indicates a notable increase in revenue generated relative to fixed assets during that period. The ratio then became unavailable for the last few quarters.
In comparison, the total asset turnover ratio has also exhibited a positive trend, rising from 0.19 in March 2020 to 0.26 in June 2023. This suggests that the company has been able to generate more sales relative to its total assets over time. However, there was a slight decline to 0.22 by December 2024.
Overall, Northwest Natural Gas Co's long-term activity ratios indicate a generally efficient utilization of assets to generate revenue, with fluctuations in performance observed over the years. It would be important to further analyze the reasons behind the sudden spike in fixed asset turnover in September 2023 and the subsequent decrease to assess the company's operational efficiency and asset management strategies.