One Gas Inc (OGS)
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 | 5.19 | 4.78 | 5.33 | 6.18 | 5.21 | 6.26 | 8.83 | 11.45 | 5.68 | 4.22 | 6.34 | 11.68 | 5.22 | 5.10 | 7.94 | 11.13 | 6.60 | 5.89 | 7.55 | 9.61 |
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Working capital turnover | — | — | — | — | — | — | — | — | 91.45 | — | — | — | 1.45 | 51.87 | 7.12 | 5.82 | — | — | — | — |
The inventory turnover ratio for One Gas Inc has shown fluctuations over the years, indicating changes in the efficiency of managing inventory. The ratio has generally been in the range of 4 to 12 times a year, with some periods showing higher turnover than others.
On the other hand, information on receivables turnover, payables turnover, and working capital turnover is not available for analysis due to missing data. Without these ratios, a comprehensive evaluation of the company's efficiency in collecting receivables, managing payables, and utilizing working capital cannot be completed.
Overall, based on the available inventory turnover data, One Gas Inc appears to have varying levels of effectiveness in managing its inventory, which can impact its overall operational efficiency and financial performance.
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 | 70.30 | 76.29 | 68.54 | 59.03 | 70.03 | 58.27 | 41.34 | 31.89 | 64.27 | 86.51 | 57.54 | 31.25 | 69.90 | 71.63 | 45.99 | 32.79 | 55.29 | 61.98 | 48.37 | 37.98 |
| Days of sales outstanding (DSO) | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Number of days of payables | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
One Gas Inc's Days of Inventory on Hand (DOH) has shown fluctuations over the years, ranging from as low as 31.25 days to as high as 86.51 days. This indicates the number of days the company holds inventory before selling it, with higher values potentially signaling slower inventory turnover or excess inventory levels.
However, the data for Days of Sales Outstanding (DSO) and Number of Days of Payables is missing for all the periods provided, suggesting that information on the average number of days it takes for the company to collect its receivables or pay its payables is not available.
Given the variability in the DOH ratio, it would be important for stakeholders to monitor this metric closely to ensure efficient management of inventory levels and working capital, though more information on DSO and payables turnover would provide a more holistic view of the company's overall liquidity and operational efficiency.
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 | — | — | — | — | — | 0.43 | 0.45 | 0.46 | 0.46 | 0.43 | 0.42 | 0.41 | 0.35 | 0.33 | 0.24 | 0.33 | 0.31 | 0.31 | 0.32 | 0.33 |
| Total asset turnover | 0.25 | 0.26 | 0.26 | 0.27 | 0.30 | 0.35 | 0.36 | 0.36 | 0.33 | 0.32 | 0.27 | 0.25 | 0.22 | 0.21 | 0.20 | 0.19 | 0.25 | 0.26 | 0.26 | 0.27 |
One Gas Inc's fixed asset turnover ratio has shown a fluctuating trend over the past few years, starting at 0.33 in March 2020 and fluctuating between 0.31 and 0.46 until September 2023. It then stabilized around 0.43 before data became unavailable.
On the other hand, the total asset turnover ratio has generally been declining, starting at 0.27 in March 2020, dropping to 0.19 by March 2021, and gradually recovering to 0.27 by June 2022. It peaked at 0.36 by June 2023 before dipping to 0.26 by June 2024.
The fixed asset turnover ratio indicates the efficiency of One Gas Inc in generating revenue from its fixed assets, while the total asset turnover ratio reflects the company's ability to generate sales relative to its total assets. The trends observed in both ratios suggest changes in how efficiently the company is utilizing its assets to generate revenue over the years.