Schrodinger Inc (SDGR)
Activity ratios
Short-term
Turnover ratios
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
---|---|---|---|---|---|
Inventory turnover | — | — | — | — | — |
Receivables turnover | — | — | — | — | — |
Payables turnover | — | — | — | — | — |
Working capital turnover | 0.47 | 0.50 | 0.43 | 0.26 | 0.18 |
The analysis of Schrodinger Inc's activity ratios reveals the following:
1. Inventory Turnover: The data shows that there is no specific information available for the inventory turnover ratio for the years 2020 to 2024. This could indicate that the company's information on inventory turnover is not publicly disclosed or not readily available.
2. Receivables Turnover: Similar to the inventory turnover ratio, there is a lack of information on receivables turnover for the years 2020 to 2024. This suggests that details on how efficiently the company collects its outstanding receivables are not provided in the data.
3. Payables Turnover: The data does not include any figures for the payables turnover ratio for the years 2020 to 2024. Without this information, it is challenging to assess how effectively Schrodinger Inc manages its trade payables.
4. Working Capital Turnover: The working capital turnover ratio indicates the company's ability to generate sales revenue based on its working capital. From the data provided, there is a gradual increase in the working capital turnover ratio from 0.18 in 2020 to 0.47 in 2024. This improvement suggests that the company has been able to more efficiently utilize its working capital to generate sales over the years.
Overall, while specific details on inventory turnover, receivables turnover, and payables turnover are not available, the trend in the working capital turnover ratio indicates a positive trajectory in Schrodinger Inc's operational efficiency and utilization of working capital to drive sales growth.
Average number of days
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Days of inventory on hand (DOH) | days | — | — | — | — | — |
Days of sales outstanding (DSO) | days | — | — | — | — | — |
Number of days of payables | days | — | — | — | — | — |
Based on the provided data for Schrodinger Inc, the activity ratios related to inventory, accounts receivable, and accounts payable are not available for the years 2020 to 2024.
1. Days of Inventory on Hand (DOH): The number of days it takes for a company to sell its average inventory is not provided in the data for all the years under consideration. DOH is a crucial ratio indicating the efficiency of inventory management.
2. Days of Sales Outstanding (DSO): The DSO ratio, which measures the average number of days it takes for a company to collect payment after a sale, is also missing in the data for the years 2020 to 2024. Lower DSO values are typically preferred as they indicate a faster collection of receivables.
3. Number of Days of Payables: This ratio represents the number of days it takes a company to pay its suppliers. Unfortunately, the data on the number of days of payables for Schrodinger Inc is not provided for the years 2020 to 2024.
Without this critical information, it is challenging to assess how efficiently Schrodinger Inc is managing its inventory, accounts receivable, and accounts payable over the years. Monitoring these activity ratios is vital for understanding operational efficiency, liquidity, and overall financial performance.
Long-term
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
---|---|---|---|---|---|
Fixed asset turnover | — | — | 1.51 | 13.76 | 21.03 |
Total asset turnover | 0.25 | 0.27 | 0.26 | 0.18 | 0.14 |
Schrodinger Inc's Fixed Asset Turnover ratio indicates a decreasing trend over the years, from 21.03 in 2020 to 1.51 in 2022, although data for 2023 and 2024 is unavailable. This suggests that the company is generating less revenue compared to its fixed assets, which may indicate inefficiencies or underutilization of these assets.
On the other hand, the Total Asset Turnover ratio has shown a slight improvement, increasing from 0.14 in 2020 to 0.25 in 2024. This implies that the company is generating more revenue relative to its total assets, which could indicate better asset utilization or increased efficiency in generating sales.
Overall, the declining Fixed Asset Turnover ratio coupled with the increasing Total Asset Turnover ratio suggests that Schrodinger Inc may need to reevaluate its fixed asset management strategies to improve operational efficiency and maximize returns on its assets.