Thryv Holdings Inc (THRY)

Short-term

Turnover ratios

Thryv Holdings Inc's activity ratios provide insights into the company's efficiency in managing its inventory, receivables, payables, and working capital.

1. Inventory turnover:
Thryv Holdings Inc's inventory turnover has shown fluctuations over the periods analyzed, ranging from 9.57 to 18.20. A higher inventory turnover indicates that the company is efficiently managing its inventory levels and selling products quickly. The significant fluctuation in inventory turnover may signal changes in sales volumes or inventory management practices.

2. Receivables turnover:
The data provided does not include information on receivables turnover, making it challenging to assess how quickly the company collects outstanding receivables from customers. A higher receivables turnover ratio would indicate that the company efficiently collects payments from its customers.

3. Payables turnover:
Similarly, no data is available for the payables turnover ratio, which could provide insights into how quickly the company pays its suppliers. A higher payables turnover ratio would suggest that the company is effectively managing its payables and optimizing its cash flow.

4. Working capital turnover:
Thryv Holdings Inc's working capital turnover ratio has displayed varying trends, ranging from 6.52 to 249.31. A higher working capital turnover ratio indicates that the company is generating more revenue from its working capital, reflecting efficient utilization of resources. The fluctuations in this ratio may indicate changes in sales, inventory, or receivables management efficiency.

In conclusion, the analysis of Thryv Holdings Inc's activity ratios highlights the company's performance in managing its inventory, working capital, and potentially receivables and payables. The fluctuations in these ratios underscore the importance of monitoring operational efficiency and financial management practices to ensure sustainable business performance.

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Average number of days

Thryv Holdings Inc's activity ratios, focusing on days of inventory on hand (DOH), days of sales outstanding (DSO), and number of days of payables can provide insights into the company's efficiency in managing its inventory, collecting accounts receivable, and paying its suppliers.

1. Days of Inventory on Hand (DOH):
- Thryv Holdings Inc's DOH has fluctuated over the analyzed periods, ranging from 20.05 days to 38.12 days.
- A lower DOH indicates the company is efficiently managing its inventory by quickly converting it into sales.
- In December 2021, the company had a significantly low DOH of 20.05 days, suggesting efficient inventory turnover.
- However, in December 2023 and March 2024, the DOH increased above 35 days, showing a longer period of inventory holding, which could tie up capital and increase holding costs.

2. Days of Sales Outstanding (DSO):
- DSO data is not provided for the periods analyzed, which limits the assessment of the company's effectiveness in collecting accounts receivable.
- Without this information, it is challenging to evaluate the company's credit policies and the efficiency of converting credit sales into cash.

3. Number of Days of Payables:
- Information on the number of days of payables is also not available for the periods examined, which hinders the analysis of the company's payment practices and relationships with suppliers.
- Understanding the payment terms and how quickly the company settles its payables would provide valuable insights into its working capital management and vendor relationships.

In conclusion, while Thryv Holdings Inc's DOH data reveals fluctuations in inventory management efficiency, the lack of information on DSO and days of payables limits a comprehensive assessment of the company's overall activity and liquidity management. Further details on these ratios would enhance the understanding of the company's operational effectiveness and relationships with customers and suppliers.

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Long-term

Thryv Holdings Inc's long-term activity ratios provide insights into how efficiently the company is utilizing its assets to generate revenues.

1. Fixed Asset Turnover:
- The fixed asset turnover ratio measures how well a company is utilizing its fixed assets to generate sales.
- Thryv's fixed asset turnover ratio has shown an increasing trend over the past few quarters, indicating improved efficiency in generating sales from its fixed assets.
- The ratio ranged from 8.69 to 29.90 over the past eight quarters, with higher values suggesting better asset utilization.
- The significant increase from 2019 to 2020 and the following consistent high values indicate the company's effective management of its fixed assets to drive sales growth.

2. Total Asset Turnover:
- The total asset turnover ratio measures how effectively a company is utilizing all its assets to generate sales.
- Thryv's total asset turnover ratio fluctuated between 0.69 and 1.33 over the past eight quarters, with an improving trend evident in recent quarters.
- The steady increase in the ratio reflects the company's ability to generate more sales relative to its total assets.
- The ratio indicates that Thryv Holdings Inc is becoming more efficient in generating revenues with its total asset base.

In summary, both the fixed asset turnover and total asset turnover ratios of Thryv Holdings Inc have been showing positive trends, suggesting improved efficiency in utilizing assets to drive sales growth over the analyzed period.