PTC Inc (PTC)

Activity ratios

Short-term

Turnover ratios

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 Dec 31, 2019
Inventory turnover — — — 10.66 — — — — — — — — — — — 13.79 14.52 13.58 14.83 14.21
Receivables turnover 2.59 3.14 2.99 3.00 2.43 3.06 2.89 3.29 2.90 3.91 3.58 3.72 3.24 3.86 3.64 3.51 3.33 4.16 3.63 3.57
Payables turnover 52.95 27.19 66.13 91.28 29.04 65.72 31.36 28.71 28.81 53.61 36.69 27.34 25.63 47.27 47.28 33.49 40.45 32.92 29.40 23.54
Working capital turnover — — — 11.07 — — — 5.44 6.67 10.35 9.88 7.76 5.97 9.70 11.71 6.51 9.07 7.34 8.57 11.43

Inventory turnover measures how efficiently a company manages its inventory by showing how many times a company sells and replaces its inventory during a specific period. PTC Inc's inventory turnover has been relatively stable around 14 times per year in recent periods, indicating efficient management of inventory.

Receivables turnover reflects how quickly a company collects its accounts receivable. PTC Inc's receivables turnover has shown some variability but has generally maintained a level above 3, indicating that the company collects its receivables efficiently.

Payables turnover measures how quickly a company pays its suppliers. PTC Inc's payables turnover has fluctuated significantly, with significant variations in different periods. However, it has generally been at a level indicating a moderate payment period to suppliers.

Working capital turnover measures how efficiently a company utilizes its working capital to generate sales. PTC Inc's working capital turnover has displayed some variability but generally indicates that the company has been efficient in utilizing its working capital to generate sales, with some periods showing higher efficiency than others.

Overall, PTC Inc's activity ratios suggest efficient management of inventory and working capital, along with effective management of receivables and payables in most periods.

Average number of days

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 Dec 31, 2019
Days of inventory on hand (DOH) days — — — 34.24 — — — — — — — — — — — 26.46 25.15 26.88 24.61 25.69
Days of sales outstanding (DSO) days 140.89 116.29 122.25 121.50 150.13 119.30 126.39 110.94 125.98 93.34 102.07 98.14 112.65 94.59 100.37 104.09 109.46 87.79 100.65 102.20
Number of days of payables days 6.89 13.43 5.52 4.00 12.57 5.55 11.64 12.71 12.67 6.81 9.95 13.35 14.24 7.72 7.72 10.90 9.02 11.09 12.41 15.51

The Days of Inventory on Hand (DOH) for PTC Inc have fluctuated over the periods provided, ranging from 24.61 days to 34.24 days. This indicates the number of days it takes for the company to sell its inventory, with lower values generally being favorable as it suggests efficient management of inventory levels.

The Days of Sales Outstanding (DSO) also vary significantly, ranging from 87.79 days to 150.13 days. DSO measures the average number of days it takes for a company to collect revenue after a sale, and lower values are preferred as they indicate a faster collection of receivables.

In terms of the number of days of payables, this metric for PTC Inc ranges from 4.00 days to 15.51 days. A lower number of days of payables suggests that the company is paying its suppliers more quickly, which can sometimes indicate stronger bargaining power or favorable credit terms.

Overall, analyzing these activity ratios for PTC Inc indicates fluctuations in inventory management, accounts receivable collection efficiency, and payment practices to suppliers across the periods provided. Tracking these ratios over time can help evaluate the company's liquidity, operational efficiency, and cash flow management.

Long-term

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 Dec 31, 2019
Fixed asset turnover 29.70 27.32 25.75 23.85 22.32 21.46 20.18 19.44 18.80 20.38 19.64 18.38 17.49 17.84 16.25 14.84 13.64 13.06 12.28 11.70
Total asset turnover 0.35 0.35 0.34 0.32 0.31 0.31 0.29 0.39 0.39 0.40 0.42 0.40 0.39 0.40 0.38 0.42 0.41 0.39 0.33 0.38

PTC Inc's fixed asset turnover ratio has been showing an increasing trend over the past few years, indicating that the company is generating more revenue relative to its investment in fixed assets. This suggests improved efficiency in utilizing its long-term assets to generate sales.

On the other hand, the total asset turnover ratio has been relatively stable over the same period, indicating that the company is consistently generating revenue in relation to its total assets. However, the ratio fluctuates, possibly due to changes in business activities or strategic decisions.

Overall, PTC Inc's long-term activity ratios suggest a positive trend in asset utilization and efficiency, with a focus on maximizing revenue generation from its fixed assets. Monitoring these ratios over time can provide valuable insights into the company's operational performance and efficiency improvements.