One Gas Inc (OGS)

Short-term

Turnover ratios

Inventory turnover is a measure of how efficiently a company manages its inventory. A higher inventory turnover ratio indicates that the company is selling its inventory quickly. One Gas Inc's inventory turnover has fluctuated over the years, ranging from 5.17 to 6.60. This suggests that the company is managing its inventory effectively, although there was a slight decrease in 2024.

Receivables turnover ratio is used to evaluate how efficiently a company is collecting its accounts receivable. In this case, the data provided shows that receivables turnover information is not available for any of the years under consideration.

Payables turnover ratio assesses how efficiently a company pays its suppliers. Similar to receivables turnover, there is no data available for payables turnover for One Gas Inc for the years presented.

Working capital turnover ratio measures how efficiently a company is utilizing its working capital to generate sales. One Gas Inc's working capital turnover ratio has shown significant variation, with a sharp increase in 2022 to 91.45. This rapid increase may indicate a spike in sales relative to the amount of working capital used, potentially due to specific events or business decisions. However, there is missing data for some years, making it challenging to fully assess the company's working capital efficiency over time.

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Average number of days

One Gas Inc's Days of Inventory on Hand (DOH) has shown some fluctuations over the past five years, ranging from 55.29 days as of December 31, 2020, to a peak of 70.53 days as of December 31, 2024. This indicates that the company held inventory for an average of approximately 55 to 70 days to support its operations during this period.

On the other hand, the Days of Sales Outstanding (DSO) and Number of Days of Payables data are not available for analysis, as the values are marked as "— days" for all the years provided in the dataset. This means that there is insufficient information to evaluate the average collection period for receivables and the average payment period for payables.

Overall, while the DOH ratio can provide some insights into One Gas Inc's inventory management efficiency, the lack of DSO and payables data limits a comprehensive analysis of the company's overall activity ratios. The company may benefit from providing more detailed financial information in these areas to enhance transparency and facilitate a more thorough assessment of its operational performance.

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Long-term

The fixed asset turnover ratio for One Gas Inc has shown a gradual improvement over the years, indicating that the company is becoming more efficient in generating revenue from its fixed assets. From 0.31 in December 2020 to 0.46 in December 2022, this ratio demonstrates an increase in the company's ability to utilize its fixed assets effectively to generate sales.

In contrast, the total asset turnover ratio fluctuated during the period under consideration, with a decrease from 0.25 in December 2020 to 0.22 in December 2021, followed by an increase to 0.33 in December 2022, and then a slight decrease to 0.31 in December 2023. This ratio reflects the company's overall efficiency in generating revenue from all of its assets.

Overall, the increasing trend in the fixed asset turnover ratio indicates that One Gas Inc is managing its fixed assets more efficiently, while the fluctuation in the total asset turnover ratio suggests varying levels of effectiveness in utilizing all its assets to generate sales over the years.