SJW Group Common Stock (SJW)
Activity ratios
Short-term
Turnover ratios
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Inventory turnover | — | — | 27.02 | 23.45 | 20.50 |
| Receivables turnover | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
| Working capital turnover | 14.84 | — | — | — | — |
The provided data for SJW Group Common Stock activity ratios includes Inventory Turnover, Receivables Turnover, Payables Turnover, and Working Capital Turnover for the years 2020 to 2024.
1. Inventory Turnover:
- The Inventory Turnover ratio measures how efficiently the company is managing its inventory.
- The ratio has shown a consistent increase from 20.50 in 2020 to 27.02 in 2022, indicating that the company is selling its inventory more rapidly.
- However, there is missing data for 2023 and 2024, making it challenging to analyze the trend for those years.
2. Receivables Turnover:
- There is no data provided for Receivables Turnover for any of the years from 2020 to 2024.
- Without this data, it is not possible to assess how quickly the company is collecting its accounts receivable.
3. Payables Turnover:
- Similar to Receivables Turnover, there is no data available for Payables Turnover for the years 2020 to 2024.
- This limits our ability to evaluate the efficiency of the company in paying its suppliers and vendors.
4. Working Capital Turnover:
- The Working Capital Turnover ratio measures how efficiently the company is using its working capital to generate revenue.
- The data indicates a Working Capital Turnover of 14.84 in 2024, suggesting that the company generated $14.84 in revenue for every dollar of working capital invested.
- However, without data for the previous years, it is challenging to draw comparisons over time or determine the trend.
In conclusion, based on the available data, SJW Group Common Stock has shown improvement in its Inventory Turnover over the years. However, the absence of data for Receivables Turnover, Payables Turnover, and previous years for Working Capital Turnover limits the comprehensiveness of the analysis regarding the company's efficiency in managing receivables, payables, and working capital turnover.
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 | — | — | 13.51 | 15.56 | 17.81 |
| Days of sales outstanding (DSO) | days | — | — | — | — | — |
| Number of days of payables | days | — | — | — | — | — |
The Days of Inventory on Hand (DOH) ratio for SJW Group Common Stock has shown a decreasing trend over the years, declining from 17.81 days as of December 31, 2020, to 15.56 days as of December 31, 2021, and further dropping to 13.51 days as of December 31, 2022. However, data for the subsequent years, 2023 and 2024, are not available.
The Days of Sales Outstanding (DSO) and Number of Days of Payables ratios for SJW Group Common Stock are not provided for any of the years, so we cannot analyze the company's efficiency in collecting receivables and managing payables based on this data.
Overall, based on the available information, the decreasing trend in the Days of Inventory on Hand ratio indicates that SJW Group Common Stock has been more efficient in managing its inventory levels over the analyzed period. However, the lack of data for DSO and payables ratios limits a comprehensive analysis of the company's overall liquidity and operational efficiency.
Long-term
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Fixed asset turnover | — | — | 0.24 | 0.23 | 0.24 |
| Total asset turnover | 0.38 | 0.15 | 0.17 | 0.16 | 0.17 |
The fixed asset turnover ratio for SJW Group Common Stock has remained relatively stable over the past few years, with a slight decrease from 0.24 in 2020 to 0.23 in 2021, followed by a slight increase to 0.24 in 2022. However, data for 2023 and 2024 is not available.
In terms of total asset turnover, the ratio decreased from 0.17 in 2020 to 0.16 in 2021, remained the same at 0.17 in 2022, then decreased to 0.15 in 2023, before experiencing a significant increase to 0.38 in 2024.
Overall, the fixed asset turnover indicates the company's ability to generate sales from its fixed assets, while the total asset turnover reflects how efficiently the company is using its total assets to generate revenue. The fluctuation in these ratios may indicate changes in the company's asset management efficiency and operational performance over the years. It would be essential to closely monitor these ratios in the absence of data for 2023 and 2024 to assess the company's long-term activity trends effectively.