Sealed Air Corporation (SEE)
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 | 5.26 | 4.74 | 4.77 | 4.89 | 4.99 | 4.62 | 4.11 | 4.03 | 4.47 | 4.10 | 4.27 | 4.66 | 5.31 | 5.01 | 4.85 | 5.18 | 5.52 | 5.15 | 5.08 | 5.74 |
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Working capital turnover | 21.04 | 11.57 | 11.40 | 11.16 | 12.08 | 13.69 | 15.21 | 16.67 | 161.20 | 37.40 | 11.42 | 12.25 | 88.83 | 117.43 | 12.91 | 11.54 | 9.54 | 13.72 | 17.46 | 25.22 |
Activity ratios provide insights into how efficiently a company manages its assets and liabilities.
1. Inventory Turnover:
- The inventory turnover ratio for Sealed Air Corporation has fluctuated over the past few years. It indicates how many times the company's inventory is sold and replaced during a certain period. A higher ratio generally suggests efficient inventory management. Sealed Air's inventory turnover has ranged from 4.03 to 5.74, with a slight decrease in recent periods. This may signal a need for the company to improve its inventory management process.
2. Receivables Turnover:
- The receivables turnover ratio, which measures how effectively a company collects on its credit sales, is not available in the data provided for Sealed Air Corporation. This could indicate that the company does not provide credit sales, or the information is not publicly disclosed.
3. Payables Turnover:
- Similarly, the payables turnover ratio is not available for Sealed Air Corporation. This ratio typically reflects how well a company manages its accounts payable and supplier relationships.
4. Working Capital Turnover:
- The working capital turnover ratio reflects how efficiently a company utilizes its working capital to generate revenue. Sealed Air's working capital turnover has varied significantly over the years, ranging from 9.54 to 161.20. A higher ratio indicates effective utilization of working capital. The notable fluctuations in this ratio may suggest changes in the company's operating cycle and capital management strategies.
In summary, while Sealed Air Corporation demonstrates reasonable efficiency in managing its inventory and working capital, the lack of data for receivables and payables turnover ratios limits a comprehensive assessment of its overall activity ratios. Monitoring these ratios can help identify areas for improvement in operational efficiency and liquidity management.
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 | 69.38 | 77.06 | 76.44 | 74.62 | 73.11 | 78.95 | 88.88 | 90.65 | 81.73 | 89.08 | 85.55 | 78.41 | 68.75 | 72.84 | 75.28 | 70.51 | 66.12 | 70.92 | 71.88 | 63.57 |
| Days of sales outstanding (DSO) | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Number of days of payables | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Sealed Air Corporation's Days of Inventory on Hand (DOH) ratio has shown fluctuations over the period from March 31, 2020, to December 31, 2024. The trend indicates an increase in the average number of days it takes for the company to sell its inventory, with a peak of 90.65 days on March 31, 2023, before decreasing to 69.38 days on December 31, 2024.
The Days of Sales Outstanding (DSO) and Number of Days of Payables ratios were not available for analysis, as the data was not provided. These ratios are essential in assessing the efficiency of the company in collecting receivables and managing payables, respectively. Without this information, a comprehensive analysis of the working capital cycle is not possible.
In conclusion, based on the available information on Sealed Air Corporation's activity ratios, there have been fluctuations in the Days of Inventory on Hand ratio, suggesting changes in inventory management efficiency over the years. However, a complete evaluation of the company's working capital management would require additional data on DSO and payables turnover.
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 | — | — | — | — | — | 3.75 | 3.93 | 3.77 | 4.19 | 4.43 | 4.63 | 4.54 | 4.27 | 4.18 | 4.06 | 4.24 | 4.12 | 4.28 | 4.34 | 4.40 |
| Total asset turnover | 0.77 | 0.74 | 0.75 | 0.76 | 0.76 | 0.75 | 0.74 | 0.76 | 0.91 | 0.95 | 0.95 | 0.93 | 0.89 | 0.87 | 0.86 | 0.84 | 0.81 | 0.83 | 0.84 | 0.86 |
Sealed Air Corporation's fixed asset turnover ratio has shown fluctuations over the past few years, ranging from a high of 4.63 in June 2022 to a low of 3.77 in March 2023. This ratio measures how efficiently the company is generating sales from its fixed assets. The increasing trend from March 2023 to June 2022 indicates a more efficient use of fixed assets to generate revenue.
Meanwhile, the total asset turnover ratio, which calculates how effectively the company is utilizing all its assets to generate revenue, has also varied over time. The ratio ranged from a low of 0.74 in June 2023 to a high of 0.95 in June 2022. The trend in the total asset turnover ratio shows some fluctuations, reflecting changes in the company's overall asset utilization efficiency.
Overall, the analysis of Sealed Air Corporation's long-term activity ratios suggests that the company has experienced fluctuations in both fixed asset turnover and total asset turnover ratios over the years, indicating varying levels of efficiency in utilizing its assets to generate revenue. Monitoring these ratios can provide insight into the company's operational efficiency and asset management strategies.