Shenandoah Telecommunications Co (SHEN)
Activity ratios
Short-term
Turnover ratios
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Inventory turnover | — | 10.79 | 4.75 | — | 0.08 |
| Receivables turnover | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
| Working capital turnover | — | 3.70 | 9.44 | 2.48 | 0.34 |
Shenandoah Telecommunications Co's Inventory Turnover ratio has shown improvement over the years, increasing from 0.08 in December 2020 to 10.79 in December 2023, indicating that the company is managing its inventory more efficiently. However, there is missing data for December 2021 and December 2024, which makes it difficult to assess the trend in those years.
The Receivables Turnover ratio is not available for any of the years provided in the data. This missing information hinders our ability to evaluate how effectively the company is collecting payments from its customers.
Similarly, the Payables Turnover ratio is also unavailable for all years in the dataset, making it challenging to understand how quickly Shenandoah Telecommunications Co pays its suppliers.
The Working Capital Turnover ratio shows fluctuations in the company's efficiency in generating sales from its working capital. The ratio increased significantly from 0.34 in December 2020 to 9.44 in December 2022, but then decreased to 3.70 by December 2023. The absence of data for December 2024 does not allow for a complete analysis of the trend in that year.
In conclusion, while the Inventory Turnover and Working Capital Turnover ratios provide some insight into Shenandoah Telecommunications Co's operational efficiency, the lack of data for Receivables Turnover and Payables Turnover ratios limits our ability to assess the company's overall activity ratios comprehensively.
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 | — | 33.84 | 76.78 | — | 4,398.47 |
| Days of sales outstanding (DSO) | days | — | — | — | — | — |
| Number of days of payables | days | — | — | — | — | — |
The data provided shows the trend in Shenandoah Telecommunications Co's activity ratios over the years.
1. Days of Inventory on Hand (DOH):
- December 31, 2020: 4,398.47 days
- December 31, 2021: Not available
- December 31, 2022: 76.78 days
- December 31, 2023: 33.84 days
- December 31, 2024: Not available
The Days of Inventory on Hand ratio measures how many days it takes for a company to sell its inventory. A lower number indicates that the company is managing its inventory efficiently, while a higher number suggests slower inventory turnover. Shenandoah Telecommunications Co saw a significant improvement in its inventory management from 2020 to 2023, as the days of inventory on hand decreased substantially.
2. Days of Sales Outstanding (DSO):
- December 31, 2020: Not available
- December 31, 2021: Not available
- December 31, 2022: Not available
- December 31, 2023: Not available
- December 31, 2024: Not available
The Days of Sales Outstanding ratio reflects the average number of days it takes for a company to collect revenue after a sale is made. By not having data available for the DSO ratio, it is difficult to assess Shenandoah Telecommunications Co's efficiency in collecting revenue from its customers over the years.
3. Number of Days of Payables:
- December 31, 2020: Not available
- December 31, 2021: Not available
- December 31, 2022: Not available
- December 31, 2023: Not available
- December 31, 2024: Not available
The Number of Days of Payables ratio indicates how long a company takes to pay its suppliers. Without specific data points available, it is challenging to evaluate Shenandoah Telecommunications Co's payment practices towards its suppliers.
In conclusion, while the data provides insights into Shenandoah Telecommunications Co's inventory management efficiency, the lack of information on the Days of Sales Outstanding and Number of Days of Payables ratios hinders a comprehensive analysis of the company's overall activity ratios.
Long-term
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Fixed asset turnover | — | — | 0.39 | 0.40 | 0.50 |
| Total asset turnover | 0.19 | 0.24 | 0.27 | 0.28 | 0.11 |
Shenandoah Telecommunications Co's fixed asset turnover has decreased from 0.50 in December 2020 to 0.39 in December 2022. This indicates that the company is generating less revenue for each dollar invested in fixed assets over the period. Additionally, the fixed asset turnover was not available for December 2023 and December 2024.
In terms of total asset turnover, Shenandoah Telecommunications Co's ratio has fluctuated over the years. It increased from 0.11 in December 2020 to 0.28 in December 2021 but then decreased to 0.19 by December 2024. This suggests that the company's ability to generate sales from its total assets varied during this period. Overall, the company's total asset turnover indicates the efficiency of utilizing its total assets to generate revenue.