Public Service Enterprise Group Inc (PEG)

Activity ratios

Short-term

Turnover ratios

Dec 31, 2024 Sep 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 Dec 31, 2019
Inventory turnover 5.23 5.45 5.60 6.17 7.04 7.13 7.92 8.99 15.11 15.51 15.05 14.68 7.64 5.04 5.08 4.96 4.87 4.93 5.18 5.71
Receivables turnover 4.55 6.40 5.88 6.47 7.40 7.15 5.94 4.18 5.03 4.21 4.73 4.66 5.61 5.87 5.81 5.64 6.14 6.06 6.80 6.41
Payables turnover 4.11 4.41 4.71 3.86 4.31 4.38 4.89 3.82 6.39 6.18 7.42 5.00 2.94 2.69 3.14 2.24 2.22 2.59 2.63 2.47
Working capital turnover — — — — — — — — — — — — — — — — — — — —

Public Service Enterprise Group Inc's inventory turnover has shown a fluctuating trend over the years, ranging from 4.87 to 15.51. The latest figure for December 31, 2024, stands at 5.23, indicating the company's ability to manage its inventory efficiently.

In terms of receivables turnover, the company has also experienced variability, with values ranging from 4.18 to 7.40. The turnover rate as of December 31, 2024, is 4.55, highlighting the number of times the company collects its outstanding receivables within a given period.

Payables turnover for Public Service Enterprise Group Inc has exhibited some fluctuations as well, varying from 2.22 to 7.42. As of December 31, 2024, the turnover ratio is 4.11, indicating how quickly the company pays off its trade payables.

Regarding working capital turnover, data was not provided for the periods analyzed, making it difficult to assess the company's efficiency in generating revenue relative to its working capital.

Overall, Public Service Enterprise Group Inc's activity ratios reflect fluctuations across the years, with differing levels of efficiency in managing inventory, collecting receivables, and paying off payables. It is important for the company to focus on maintaining a balance between these ratios to ensure effective utilization of its resources.

Average number of days

Dec 31, 2024 Sep 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 Dec 31, 2019
Days of inventory on hand (DOH) days 69.75 67.03 65.21 59.14 51.85 51.16 46.09 40.61 24.15 23.54 24.25 24.87 47.77 72.46 71.89 73.64 75.00 74.02 70.47 63.90
Days of sales outstanding (DSO) days 80.31 57.00 62.08 56.39 49.30 51.03 61.43 87.34 72.50 86.80 77.18 78.28 65.05 62.17 62.77 64.69 59.43 60.19 53.66 56.98
Number of days of payables days 88.83 82.84 77.46 94.60 84.66 83.28 74.59 95.57 57.10 59.03 49.22 73.00 124.26 135.68 116.16 163.20 164.31 140.72 138.80 147.83

Public Service Enterprise Group Inc's activity ratios show the efficiency of the company in managing its inventory, accounts receivable, and accounts payable.

1. Days of Inventory on Hand (DOH) measures how many days on average inventory is held before being sold. The trend for DOH shows a decrease from 63.90 days as of December 31, 2019, to 69.75 days by December 31, 2024. This indicates that the company has been able to reduce the number of days it holds inventory, which is a positive sign of efficient inventory management.

2. Days of Sales Outstanding (DSO) reflects the average number of days it takes for the company to collect payment from its customers. The DSO trend fluctuates over the period, with a peak of 87.34 days on December 31, 2022, and a decrease to 80.31 days by December 31, 2024. This indicates some variability in the collection efficiency but a slight improvement towards the end of the period.

3. Number of Days of Payables measures how long the company takes to pay its suppliers. The trend in payables days shows a decreasing pattern, from 147.83 days as of December 31, 2019, to 88.83 days by December 31, 2024. A decreasing trend in payables days may indicate improved liquidity management or negotiation power with suppliers.

Overall, the company has shown improvements in managing its inventory and payables, while there have been fluctuations in accounts receivable management. Continued monitoring of these activity ratios will be important to ensure efficient working capital management and overall operational performance.

Long-term

Dec 31, 2024 Sep 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 Dec 31, 2019
Fixed asset turnover — — — — 0.31 0.31 0.31 0.27 0.27 0.27 0.26 0.28 0.27 0.26 0.26 0.25 0.26 0.26 0.27 0.28
Total asset turnover 0.19 0.19 0.20 0.22 0.24 0.23 0.23 0.20 0.20 0.19 0.19 0.20 0.18 0.19 0.19 0.19 0.20 0.20 0.20 0.21

Public Service Enterprise Group Inc's fixed asset turnover ratio has been relatively stable over the past few years, ranging from 0.25 to 0.31. This indicates that the company generates between $0.25 to $0.31 in revenue for every dollar invested in fixed assets. This may suggest that the company is efficiently utilizing its fixed assets to generate sales.

In terms of total asset turnover, the company experienced a slight decline from 0.21 in December 2019 to 0.19 in December 2020, before increasing to 0.22 by December 2023. This ratio reflects how well the company is using its total assets to generate revenue. The improvement in total asset turnover from 2020 to 2023 suggests that the company became more efficient in generating sales relative to its total asset base.

Overall, the trends in both fixed asset turnover and total asset turnover ratios for Public Service Enterprise Group Inc indicate that the company has been effectively managing its assets to generate revenue.