Sotera Health Co (SHC)
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 | 10.77 | 10.24 | 8.73 | 9.36 | 9.38 | 11.91 | 10.63 | 9.58 | 12.03 | 11.95 | 10.89 | 9.28 | 7.60 | 10.72 | 11.02 | 11.38 | 10.99 | 12.85 | 12.43 | 11.42 |
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Working capital turnover | 3.28 | 3.04 | 3.35 | 3.22 | 3.21 | 3.10 | 2.82 | 3.05 | — | 3.54 | 3.78 | 4.20 | 5.04 | 4.45 | 3.49 | 4.42 | 4.69 | 4.85 | 5.47 | — |
To analyze the activity ratios of Sotera Health Co based on the provided data:
1. Inventory Turnover:
- The inventory turnover ratio measures how efficiently a company manages its inventory. Sotera Health Co's inventory turnover ranged between 7.60 and 12.85 over the last five years. The variation in the ratio indicates fluctuations in inventory management efficiency.
2. Receivables Turnover:
- The absence of data for receivables turnover suggests that information on how efficiently the company collects its receivables is not available. This ratio is crucial for assessing the effectiveness of credit policies and collection processes.
3. Payables Turnover:
- Similarly, no information on payables turnover is provided, making it difficult to evaluate how quickly the company pays its suppliers. A higher payables turnover ratio usually indicates efficient management of payables.
4. Working Capital Turnover:
- The working capital turnover ratio reflects how well a company utilizes its working capital to generate sales. Sotera Health Co's working capital turnover varied between 2.82 and 5.47 in recent years. A higher turnover ratio generally indicates more efficient utilization of working capital.
Overall, while the inventory turnover and working capital turnover ratios provide some insights into the company's operational efficiency, the absence of data for receivables turnover and payables turnover limits a comprehensive analysis of Sotera Health Co's activity ratios.
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 | 33.90 | 35.65 | 41.81 | 39.01 | 38.90 | 30.64 | 34.35 | 38.09 | 30.35 | 30.53 | 33.50 | 39.35 | 48.00 | 34.06 | 33.12 | 32.08 | 33.22 | 28.41 | 29.37 | 31.97 |
| Days of sales outstanding (DSO) | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Number of days of payables | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Sotera Health Co's Days of Inventory on Hand (DOH) ratio has fluctuated over the periods, ranging from a low of 28.41 days as of September 30, 2020, to a high of 48.00 days as of December 31, 2021. The company seems to have experienced challenges in managing its inventory efficiently, as indicated by the higher DOH values recorded in 2021. However, there has been some improvement in recent periods, with the ratio declining to 30.35 days as of December 31, 2022.
Unfortunately, the data provided does not include the Days of Sales Outstanding (DSO) and Number of Days of Payables ratios for any period. As such, it is not possible to provide a comprehensive analysis of Sotera Health Co's overall activity ratios. For a more complete assessment of the company's performance in terms of managing its receivables and payables, additional information on DSO and payables turnover would be needed.
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 | — | — | — | — | — | — | 1.10 | 1.17 | 1.26 | 1.41 | 1.39 | 1.43 | 1.35 | 1.45 | 1.32 | 1.28 | 1.26 | 1.27 | 1.30 | 1.27 |
| Total asset turnover | 0.36 | 0.36 | 0.36 | 0.35 | 0.34 | 0.33 | 0.32 | 0.29 | 0.32 | 0.35 | 0.34 | 0.34 | 0.33 | 0.33 | 0.31 | 0.30 | 0.30 | 0.29 | 0.31 | — |
The fixed asset turnover ratio for Sotera Health Co has been fluctuating over the years, ranging from a low of 1.10 in June 2023 to a high of 1.45 in September 2021. This ratio measures how efficiently the company is utilizing its fixed assets to generate revenue. A higher ratio indicates better utilization of fixed assets.
On the other hand, the total asset turnover ratio has shown a more stable trend, with values ranging from 0.29 in September 2020 to 0.36 as of December 31, 2024. This ratio reflects the company's overall efficiency in using its total assets to generate sales revenue. A higher total asset turnover ratio signifies that the company is generating more revenue per dollar of assets.
It is important for Sotera Health Co to analyze these ratios in conjunction with other financial metrics to assess the effectiveness of its asset management strategies and identify opportunities for improvement in operational efficiency. fluctuations in these ratios could indicate changes in the company's business operations, growth strategies, or industry dynamics.