Sabre Corpo (SABR)

Short-term

Turnover ratios

Sabre Corpo's inventory turnover ratio, which measures how many times the company sells and replaces its inventory during a period, shows significant variability over the years. In 2021 and 2022, the inventory turnover was 41.14 and 101.59 respectively, indicating a rapid turnover of inventory. However, in 2023, this ratio dropped to 18.62, pointing towards a slower turnover of inventory that year. The absence of data for 2020 and 2024 makes it challenging to identify a consistent trend in inventory management.

The company's receivables turnover ratio, representing how many times a company collects its accounts receivables in a specific period, is not available for any of the years provided. This lack of data on receivables turnover makes it difficult to assess the efficiency of Sabre Corpo in collecting outstanding payments from its customers.

Similarly, the payables turnover ratio, which reflects the speed at which a company pays its suppliers, is not provided for any year between 2020 and 2024. Without information on payables turnover, it is challenging to evaluate Sabre Corpo's payment cycle and relationships with its suppliers.

Sabre Corpo's working capital turnover ratio, which measures how effectively the company utilizes its working capital to generate sales revenue, shows a significant increase over the years. Starting at 1.05 in 2020, the ratio grows to 141.30 in 2024, indicating a substantial improvement in utilizing working capital efficiently to drive sales. This upward trend suggests that Sabre Corpo has enhanced its operational efficiency and effectiveness in generating revenue from its working capital investments.

---

Average number of days

Based on the provided data for Sabre Corpo's activity ratios:

1. Days of Inventory on Hand (DOH):
- The company showed a significant improvement in managing its inventory from 2021 to 2022, as the DOH decreased from 8.87 days to 3.59 days, indicating that inventory is being converted into sales more efficiently.
- However, there was a sharp increase in DOH from 2022 to 2023 to 19.61 days, which suggests a slowdown in inventory turnover and potentially excess inventory on hand during that period.
- Unfortunately, no data is available for 2020 and 2024 to provide a complete trend analysis.

2. Days of Sales Outstanding (DSO):
- The data indicates that the company did not provide any credit sales information from 2020 to 2024. This lack of DSO data makes it challenging to assess the company's efficiency in collecting its accounts receivable within a given period.

3. Number of Days of Payables:
- Similar to DSO, the company has not disclosed any information on the number of days of payables outstanding for the years 2020 to 2024. Therefore, the analysis of the company's ability to manage its trade payables efficiently is limited.

In conclusion, while the data on Sabre Corpo's Days of Inventory on Hand (DOH) presents some trends in inventory management efficiency over the years, the lack of information on both Days of Sales Outstanding (DSO) and Number of Days of Payables hinders a comprehensive analysis of the company's overall activity ratios.

---

Long-term

Sabre Corpo's Fixed Asset Turnover has been showing a positive trend over the years, increasing from 3.67 in December 31, 2020, to 8.06 in December 31, 2022. This indicates that the company is generating more revenue per dollar of fixed assets invested, which is a positive sign of operational efficiency.

However, there is missing data for December 31, 2023 and December 31, 2024, which hinders a complete assessment of the company's fixed asset turnover for those years.

When looking at the Total Asset Turnover, we see a similar trend of improvement over the years, rising from 0.22 in December 31, 2020, to 0.65 in December 31, 2024. This indicates that Sabre Corpo is generating more sales for each dollar of total assets held, reflecting efficient utilization of its assets to drive revenue.

Overall, the increasing trend in both Fixed Asset Turnover and Total Asset Turnover ratios suggests that Sabre Corpo has been effectively utilizing its assets to generate sales and improve operational efficiency. It would be important to monitor the missing data years for a comprehensive understanding of the company's long-term activity performance.