Sensata Technologies Holding NV (ST)
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 | 4.68 | 4.39 | 4.08 | 3.96 | 3.97 | 4.04 | 4.20 | 4.14 | 4.21 | 3.93 | 3.95 | 4.00 | 4.32 | 4.59 | 4.83 | 4.67 | 4.70 | 4.71 | 4.28 | 4.38 |
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Working capital turnover | 2.99 | 3.12 | 3.43 | 3.11 | 3.17 | 2.52 | 2.57 | 2.65 | 2.52 | 2.20 | 1.74 | 1.71 | 1.71 | 1.53 | 1.55 | 1.38 | 1.36 | 1.43 | 2.25 | 2.49 |
The inventory turnover ratio for Sensata Technologies Holding NV has been relatively stable over the past few years, ranging from 3.93 to 4.83. This indicates that the company is efficient in managing its inventory levels and converting them into sales.
On the other hand, the receivables turnover ratio is not available, suggesting that data regarding the company's ability to collect receivables in a timely manner is not provided in the financial statements.
Similarly, the payables turnover ratio is also not available, which hinders the assessment of how quickly the company pays its suppliers.
The working capital turnover ratio shows a fluctuating trend, varying from 1.36 to 3.43. This ratio indicates the company's efficiency in utilizing its working capital to generate sales. The increasing trend in this ratio over the years reflects an improvement in the company's ability to convert working capital into revenue.
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 | 77.99 | 83.20 | 89.46 | 92.29 | 91.98 | 90.27 | 86.95 | 88.20 | 86.79 | 92.81 | 92.46 | 91.35 | 84.45 | 79.50 | 75.53 | 78.15 | 77.68 | 77.43 | 85.36 | 83.31 |
| Days of sales outstanding (DSO) | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Number of days of payables | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
The activity ratios of Sensata Technologies Holding NV, based on the provided data, focus on Days of Inventory on Hand (DOH) as the primary metric.
Over the period from March 31, 2020, to December 31, 2024, the company's DOH has displayed fluctuations ranging from a low of 75.53 days in June 30, 2021, to a high of 92.81 days in September 30, 2022. This indicates varying levels of efficiency in managing its inventory levels during this timeframe.
Notably, there was a decreasing trend in DOH from September 30, 2022, to December 31, 2024, suggesting potential improvements in inventory management efficiency. The most recent data point on December 31, 2024, shows a slight increase in DOH to 77.99 days compared to the preceding quarter.
It's important for Sensata Technologies Holding NV to continue monitoring and optimizing its inventory management processes to strike a balance between maintaining sufficient inventory levels to meet customer demand and avoiding excess inventory holding costs. This ongoing assessment can help the company optimize its working capital and enhance overall operational efficiency.
Given the absence of data for Days of Sales Outstanding (DSO) and Number of Days of Payables, it is not possible to provide a comprehensive analysis of the trade receivables and payables turnover cycles. Monitoring these metrics alongside DOH would provide a more comprehensive view of the company's overall liquidity and efficiency in managing its operating cycle.
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 | — | — | — | — | — | 4.66 | 4.77 | 4.78 | 4.79 | 4.75 | 4.70 | 4.69 | 4.65 | 4.71 | 4.53 | 4.04 | 3.79 | 3.70 | 3.73 | 4.07 |
| Total asset turnover | 0.55 | 0.55 | 0.49 | 0.53 | 0.53 | 0.49 | 0.49 | 0.47 | 0.46 | 0.45 | 0.45 | 0.45 | 0.44 | 0.45 | 0.43 | 0.40 | 0.39 | 0.39 | 0.43 | 0.49 |
The fixed asset turnover ratio for Sensata Technologies Holding NV has shown a generally positive trend over the period analyzed, increasing from 4.07 in March 2020 to 4.79 in December 2023 before remaining stable at around 4.70 through September 2024. This indicates that the company is generating more sales relative to its investment in fixed assets.
On the other hand, the total asset turnover ratio started at 0.49 in March 2020, declined to a low of 0.39 in September 2020, and then gradually increased to 0.55 by December 2024. This ratio reflects the efficiency with which the company is utilizing all its assets to generate revenue.
Overall, the improvement in both the fixed asset turnover and total asset turnover ratios over the years demonstrates the company's ability to efficiently manage its assets to generate sales and revenue. A high fixed asset turnover ratio coupled with an increasing total asset turnover ratio indicates that Sensata Technologies Holding NV is effectively utilizing its assets to drive its operations and growth.