Portland General Electric Co (POR)

Short-term

Turnover ratios

Based on the provided data for Portland General Electric Co's activity ratios, here is a detailed analysis:

1. Inventory Turnover:
- The inventory turnover ratio measures how efficiently a company manages its inventory. Portland General Electric Co's inventory turnover has shown an increasing trend over the years, from 9.83 in 2020 to 16.26 in 2024. This indicates that the company is selling its inventory at a faster rate, which is generally a positive sign as it reduces carrying costs and frees up working capital.

2. Receivables Turnover:
- The receivables turnover ratio reflects how quickly a company collects its accounts receivable. The data provided shows "—", indicating that specific information on receivables turnover is not available. Without this data, it is challenging to assess the efficiency of Portland General Electric Co's accounts receivable management.

3. Payables Turnover:
- The payables turnover ratio measures how efficiently a company pays its suppliers. Similar to receivables turnover, the data for payables turnover is not available ("—"). This makes it difficult to evaluate how effectively the company manages its payables.

4. Working Capital Turnover:
- The working capital turnover ratio assesses how efficiently a company utilizes its working capital to generate sales. In this case, the data is also not provided ("—"), making it challenging to gauge how well Portland General Electric Co is using its working capital to drive revenue.

In summary, the analysis of Portland General Electric Co's activity ratios based on the available data suggests a positive trend in inventory turnover, although a lack of information on receivables turnover, payables turnover, and working capital turnover limits a comprehensive evaluation of the company's overall operational efficiency.

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Average number of days

The activity ratios for Portland General Electric Co indicate the efficiency of its operations in managing inventory, collecting receivables, and paying off payables.

1. Days of Inventory on Hand (DOH):
- The trend in the DOH ratio shows a gradual decline from 37.12 days in 2020 to 22.44 days by the end of 2024. This suggests that the company has been able to manage its inventory more efficiently over the years, reducing the number of days it takes to sell its inventory. A lower DOH ratio is generally viewed positively as it indicates better inventory management.

2. Days of Sales Outstanding (DSO):
- The data provided does not include information on Days of Sales Outstanding (DSO), which measures the average number of days it takes for the company to collect on its credit sales. Without this data, it is difficult to assess the efficiency of the company in collecting receivables.

3. Number of Days of Payables:
- Similarly, the information on the Number of Days of Payables is not available in the provided data. This ratio helps in understanding how long the company takes to pay off its suppliers. A longer period may indicate better cash flow management, but it could also signal potential cash flow issues.

In conclusion, based on the available data, Portland General Electric Co's inventory management has improved over the years as reflected in the decreasing trend of Days of Inventory on Hand. However, without data on DSO and Payables, a comprehensive analysis of the company's overall activity ratios cannot be provided.

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Long-term

Portland General Electric Co's long-term activity ratios show the efficiency with which the company generates revenue in relation to its fixed assets and total assets.

From 2020 to 2024, the fixed asset turnover ratio has increased slightly from 0.28 to 0.31, indicating that the company is generating more revenue per dollar of fixed assets over this period. This suggests better utilization of the company's long-term assets, such as property, plant, and equipment.

Similarly, the total asset turnover ratio has also shown an upward trend, increasing from 0.24 in 2020 to 0.27 in 2024. This indicates that Portland General Electric Co is generating more revenue relative to its total assets, which include both current and long-term assets.

Overall, the improving trend in both fixed asset turnover and total asset turnover ratios suggests that the company is becoming more efficient in utilizing its assets to generate revenue over the years, which may indicate effective management of operations and potential growth opportunities.