PDF Solutions Inc (PDFS)
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 | 1.23 | 1.28 | 1.23 | 1.25 | 1.13 | 1.14 | 1.07 | 1.12 | 1.10 | 1.08 | 1.05 | 0.87 | 0.77 | 0.72 | 0.68 | 0.64 | 0.58 | 0.48 | 0.73 | 0.70 |
Activity ratios provide insight into how efficiently a company is managing its assets and resources to generate sales. Let's analyze the activity ratios of PDF Solutions Inc based on the provided data:
1. Inventory Turnover: The inventory turnover ratio indicates how many times a company sells and replaces its inventory during a specific period. PDF Solutions Inc has not provided data for its inventory turnover ratio across the periods mentioned. Without this information, it is challenging to assess how quickly the company is turning over its inventory.
2. Receivables Turnover: The receivables turnover ratio measures how efficiently a company collects on its credit sales. PDF Solutions Inc has not disclosed its receivables turnover ratio data for the specified time frames. Therefore, it is unclear how effectively the company is managing its accounts receivable turnover.
3. Payables Turnover: The payables turnover ratio assesses how efficiently a company is managing its trade payables. Unfortunately, PDF Solutions Inc has not provided data for its payables turnover ratio in the given periods. As a result, it is difficult to evaluate how well the company is managing its payables.
4. Working Capital Turnover: The working capital turnover ratio indicates how efficiently a company is using its working capital to generate sales. PDF Solutions Inc has data available for this ratio across the mentioned periods. The trend shows an improvement in the working capital turnover ratio from 0.70 on March 31, 2020, to 1.23 on December 31, 2024. This suggests that the company is becoming more efficient in utilizing its working capital to generate sales over time.
In conclusion, while PDF Solutions Inc's working capital turnover ratio demonstrates an improving trend, the lack of available data for inventory turnover, receivables turnover, and payables turnover ratios makes it challenging to provide a comprehensive analysis of the company's overall activity efficiency.
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, PDF Solutions Inc activity ratios, including Days of Inventory on Hand (DOH), Days of Sales Outstanding (DSO), and Number of Days of Payables, are not available for the periods up to December 31, 2024.
Without specific values for these activity ratios, it is challenging to analyze and assess PDF Solutions Inc's efficiency in managing inventory, collecting receivables, and paying its payables over time. These ratios are essential for understanding the company's operational performance and liquidity position.
To provide a more in-depth analysis of PDF Solutions Inc's activity ratios, it would be necessary to have the actual numerical values for DOH, DSO, and the number of days of payables for the given periods. This information would allow for a thorough evaluation of the company's working capital management and overall 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 | — | — | — | — | — | — | 3.79 | 3.73 | 3.70 | 3.56 | 3.32 | 3.27 | 2.73 | 2.74 | 2.21 | 2.39 | 2.24 | 2.23 | 2.15 | 2.10 |
| Total asset turnover | 0.57 | 0.55 | 0.56 | 0.58 | 0.57 | 0.58 | 0.56 | 0.56 | 0.53 | 0.52 | 0.51 | 0.45 | 0.41 | 0.38 | 0.35 | 0.34 | 0.31 | 0.28 | 0.37 | 0.36 |
PDF Solutions Inc's Fixed Asset Turnover has been increasing steadily over the years, indicating that the company has been able to generate more sales revenue relative to its investments in fixed assets. This increase in efficiency suggests improved utilization of fixed assets to generate sales.
On the other hand, the Total Asset Turnover ratio has also been increasing over the years, showing that PDF Solutions Inc has been able to generate more sales relative to its total assets. This indicates that the company is efficiently generating revenue from all its assets, not just fixed assets.
Overall, both ratios show positive trends, with Fixed Asset Turnover highlighting the efficiency of the company's fixed asset utilization, while Total Asset Turnover reflects the overall efficiency of assets in generating sales revenue.