Schrodinger Inc (SDGR)
Activity ratios
Short-term
Turnover ratios
| Dec 31, 2024 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Working capital turnover | 0.47 | 0.56 | 0.57 | 0.49 | 0.50 | 0.45 | 0.40 | 0.41 | 0.43 | 0.39 | 0.35 | 0.31 | 0.26 | 0.23 | 0.21 | 0.19 | 0.18 | 0.17 | 0.36 | 0.34 |
Schrodinger Inc's activity ratios provide insight into how efficiently the company is managing its assets and liabilities.
1. Inventory Turnover: The inventory turnover ratio indicates how many times a company's inventory is sold and replaced over a period. The lack of data for this ratio suggests that information regarding the efficiency of Schrodinger Inc's inventory management is not available.
2. Receivables Turnover: This ratio measures how many times a company collects its accounts receivable during a period. The absence of data for this ratio indicates a lack of information on how efficiently Schrodinger Inc is collecting outstanding payments from its customers.
3. Payables Turnover: The payables turnover ratio reflects how quickly a company pays its suppliers. The missing data for this ratio implies that there is no information provided on how effectively Schrodinger Inc is managing its accounts payable.
4. Working Capital Turnover: This ratio assesses how well a company is using its working capital to generate sales. The trend shows an improvement in this ratio over time, suggesting that Schrodinger Inc has been using its working capital more efficiently to drive revenue growth.
Overall, while details on inventory, receivables, and payables turnovers are not available, the increasing trend in the working capital turnover ratio indicates improving efficiency in utilizing working capital to generate sales for Schrodinger Inc.
Average number of days
| Dec 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Days of inventory on hand (DOH) | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Days of sales outstanding (DSO) | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Number of days of payables | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Based on the provided data, there is no information available for the Days of Inventory on Hand (DOH), Days of Sales Outstanding (DSO), and Number of Days of Payables for Schrodinger Inc from March 31, 2020, to December 31, 2024. As a result, a comprehensive analysis of Schrodinger Inc's activity ratios cannot be conducted at this time. Having current and historical data for these ratios is essential for assessing the effectiveness of inventory management, accounts receivable collection, and accounts payable management, respectively.
Long-term
| Dec 31, 2024 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fixed asset turnover | — | — | — | — | — | — | 9.52 | 11.95 | 1.51 | 12.38 | 14.16 | 13.89 | 13.76 | 1.46 | 8.36 | 23.76 | 21.03 | 6.35 | 5.35 | 4.61 |
| Total asset turnover | 0.25 | 0.29 | 0.29 | 0.26 | 0.27 | 0.25 | 0.23 | 0.23 | 0.26 | 0.26 | 0.24 | 0.21 | 0.18 | 0.16 | 0.17 | 0.15 | 0.14 | 0.15 | 0.27 | 0.26 |
Schrodinger Inc's Fixed Asset Turnover ratio has exhibited significant fluctuations over the years. The ratio increased steadily from March 31, 2020, to June 30, 2021, reaching a peak at 23.76 on March 31, 2021, before experiencing a decline. Subsequently, the ratio fluctuated notably, with a sharp drop to 1.46 on September 30, 2021. Despite some recovery in the following quarters, the ratio remained volatile, demonstrating a lack of consistency in utilizing fixed assets efficiently.
In contrast, the Total Asset Turnover ratio of Schrodinger Inc displayed a more stable trend over the same period. The ratio remained relatively low initially, around 0.14 to 0.18 from December 31, 2020, to December 31, 2021. However, there was a noticeable increase in the ratio from March 31, 2022, to June 30, 2024, indicating a more efficient utilization of total assets to generate sales.
Overall, the different trends observed in the Fixed Asset Turnover and Total Asset Turnover ratios of Schrodinger Inc suggest varying levels of efficiency in utilizing both fixed and total assets to generate revenue. The fluctuating Fixed Asset Turnover ratio indicates inconsistent performance in utilizing fixed assets, while the relatively stable but improving Total Asset Turnover ratio reflects a more consistent utilization of total assets over time.