Oshkosh Corporation (OSK)

Short-term

Turnover ratios

The activity ratios for Oshkosh Corporation provide insights into the efficiency of the company's operations in managing various aspects of its business.

1. Inventory Turnover: Oshkosh Corporation consistently maintained a moderate level of inventory turnover, with ratios ranging from 3.69 to 3.87 over the years. This indicates that the company is able to sell and replace its inventory approximately 3.7 times a year, which is generally considered healthy for a manufacturing or distribution business.

2. Receivables Turnover: There is no data available for receivables turnover, which makes it difficult to analyze how efficiently Oshkosh is collecting payment from its customers. A higher receivables turnover ratio would indicate a quicker collection cycle, improving the company's liquidity position.

3. Payables Turnover: Similarly, there is no information provided for payables turnover, which could have shown how effectively Oshkosh is managing its trade payables. A higher payables turnover ratio would imply that the company is efficiently utilizing credit terms.

4. Working Capital Turnover: Oshkosh Corporation demonstrated an increase in its working capital turnover ratio from 3.94 to 6.97 over the years. This indicates an improvement in the efficiency of utilizing working capital to generate revenue, showcasing better operational management and potential for increased profitability.

In summary, while Oshkosh Corporation's inventory turnover and working capital turnover ratios highlight reasonable efficiency in managing inventory and working capital, the lack of data for receivables and payables turnover limits a comprehensive assessment of the company's overall operational efficiency and cash flow management.

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Average number of days

The Days of Inventory on Hand (DOH) for Oshkosh Corporation have remained relatively stable over the past few years, ranging between 94.21 days and 98.81 days. This indicates that the company has been able to effectively manage its inventory levels to meet demand without excessive build-up or shortages.

The Days of Sales Outstanding (DSO) and Number of Days of Payables data are not available for analysis in the provided dataset. Without this information, a comprehensive evaluation of Oshkosh Corporation's accounts receivable collection efficiency and accounts payable management cannot be conducted.

Overall, based solely on the Days of Inventory on Hand metric, Oshkosh Corporation appears to have maintained a reasonable level of efficiency in managing their inventory throughout the reported periods.

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Long-term

The fixed asset turnover ratio for Oshkosh Corporation stood at 10.02 as of September 30, 2022. This indicates that the company generated $10.02 in sales for every dollar invested in fixed assets during that period. However, data for subsequent periods is not available, suggesting that there may have been changes in the utilization of fixed assets or sales performance.

In terms of total asset turnover, Oshkosh Corporation maintained a relatively stable ratio around 1.07 to 1.14 from September 30, 2022, to December 31, 2024. This ratio signifies that the company generated between $1.07 to $1.14 in sales for every dollar of total assets held. The slight increase in total asset turnover by December 31, 2024, suggests a potential improvement in the efficiency of utilizing assets to generate sales.

Overall, while the fixed asset turnover ratio for Oshkosh Corporation was high in 2022, the stability in total asset turnover indicates a consistent performance in generating sales relative to the level of investment in assets during the analyzed periods. Further data availability for fixed asset turnover would provide a more comprehensive assessment of the company's long-term asset utilization efficiency.