PTC Inc (PTC)

Short-term

Turnover ratios

Inventory Turnover:
- The inventory turnover ratio for PTC Inc is not available for the years provided, except for FY 2020 when it was 14.32. This indicates that in FY 2020, PTC Inc turned over its inventory 14.32 times during the year.

Receivables Turnover:
- PTC Inc's receivables turnover has fluctuated over the years, with values of 2.67, 2.43, 2.94, 3.24, and 3.33 for the years from 2020 to 2024, respectively.
- The increasing trend in receivables turnover from 2023 to 2024 suggests that the company is collecting its receivables more efficiently in recent years.

Payables Turnover:
- The payables turnover ratio for PTC Inc has also varied over the years, with values of 52.95, 29.05, 28.80, 34.19, and 39.90 for the years from 2020 to 2024, respectively.
- The high payables turnover ratios indicate that PTC Inc is paying its suppliers at a faster rate in recent years compared to earlier years.

Working Capital Turnover:
- The working capital turnover ratio is not available for 2020 and 2021 but is 6.78, 5.97, and — for 2022, 2023, and 2024, respectively.
- A decreasing trend in working capital turnover may suggest that PTC Inc is becoming less efficient in generating revenue from its working capital.

In summary, PTC Inc's activity ratios demonstrate variations over the years, with improvements in receivables turnover and payables turnover efficiency, while working capital turnover has declined in recent years. Additional information would provide a more comprehensive understanding of the company's operational efficiency.

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Average number of days

Days of inventory on hand (DOH) measures how many days a company takes to sell its average level of inventory. In this case, the data for DOH is missing for the years 2020 to 2023. However, we can see that in 2024, the company did not provide the number of days of inventory on hand, which may make it difficult to assess the efficiency of managing inventory for that year.

Days of sales outstanding (DSO) reflects the average number of days it takes for a company to collect its accounts receivables. From 2020 to 2024, PTC Inc's DSO has fluctuated, with lower DSO indicating faster collection of revenue from customers. In 2024, the DSO increased to 136.79 days from 109.46 days in 2020, which may indicate the company is taking longer to collect payments from customers compared to the previous years.

Number of days of payables measures how long a company takes to pay its suppliers. A decrease in the number of days of payables may suggest that the company is paying its suppliers more quickly. In PTC Inc's case, the number of days of payables decreased from 9.15 days in 2020 to 6.89 days in 2024, indicating that the company is paying its suppliers more swiftly in recent years.

Overall, based on the activity ratios provided, PTC Inc's management of inventory, collection of receivables, and payment of payables have shown varying trends over the years. It is important for the company to analyze the reasons behind these fluctuations to optimize its working capital management and improve overall efficiency.

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Long-term

PTC Inc's long-term activity ratios, specifically the fixed asset turnover and total asset turnover, show positive trends over the past five years. The fixed asset turnover has been steadily increasing from 13.64 in 2020 to 30.59 in 2024, indicating that PTC Inc is generating more revenue from its fixed assets over time. This suggests improved efficiency in utilizing its long-term assets to generate sales.

In contrast, the total asset turnover has fluctuated slightly but has generally improved from 0.31 in 2020 to 0.36 in 2024. This metric indicates the company's ability to generate sales relative to its total assets, including both fixed and current assets. The increase in total asset turnover suggests that PTC Inc is becoming more effective in using its total assets to generate revenue.

Overall, the upward trends in both fixed asset turnover and total asset turnover indicate that PTC Inc's long-term asset management and utilization have been improving over the years. These ratios reflect the company's efficiency in generating revenue from its long-term assets and total assets, which is a positive sign for investors and stakeholders.