Vistra Energy Corp (VST)
Activity ratios
Short-term
Turnover ratios
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Inventory turnover | 10.00 | 12.51 | 21.13 | 17.59 | 13.20 |
| Receivables turnover | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
| Working capital turnover | — | 8.15 | 17.62 | 5.92 | 29.12 |
Vistra Energy Corp's inventory turnover ratio has been showing a fluctuating trend over the past five years. The ratio increased from 13.20 in 2020 to 21.13 in 2022, reflecting improved efficiency in managing inventory. However, there was a decline in 2023 and 2024 to 12.51 and 10.00, respectively, indicating a slowdown in inventory turnover.
The receivables turnover, payables turnover, and working capital turnover ratios were not available for analysis for the years provided. Receivables turnover and payables turnover ratios are crucial in assessing how quickly the company collects receivables and pays its suppliers, respectively. The working capital turnover ratio indicates how effectively the company is using its working capital to generate sales.
Overall, for a comprehensive assessment of Vistra Energy Corp's activity ratios and working capital management, it would be important to analyze additional data and trends, particularly in receivables turnover, payables turnover, and working capital turnover, to gain further insights into the company's operational efficiency and liquidity management.
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 | 36.50 | 29.17 | 17.27 | 20.75 | 27.66 |
| Days of sales outstanding (DSO) | days | — | — | — | — | — |
| Number of days of payables | days | — | — | — | — | — |
Vistra Energy Corp's activity ratios indicate the efficiency of the company in managing its operations. Firstly, looking at the Days of Inventory on Hand (DOH), the company has shown a decreasing trend from 27.66 days in 2020 to 17.27 days in 2022, indicating better inventory management. However, there was a sudden increase to 36.50 days in 2024, which might suggest potential issues with inventory control or forecasting.
In terms of Days of Sales Outstanding (DSO) and Number of Days of Payables, the data provided is not available for the years 2020 to 2024. This absence of information makes it challenging to evaluate the efficiency of Vistra Energy Corp in collecting receivables and managing payables during these years.
Overall, while the company has improved its inventory management efficiency up to 2022, the sudden increase in inventory days in 2024 warrants further investigation to understand the impact on working capital and operational performance. Additional data on DSO and payables turnover would provide a more complete picture of Vistra Energy Corp's overall activity ratios and operational efficiency.
Long-term
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Fixed asset turnover | — | — | 1.09 | 0.93 | 0.85 |
| Total asset turnover | 0.46 | 0.45 | 0.42 | 0.41 | 0.45 |
The fixed asset turnover ratio for Vistra Energy Corp has shown a steady increase from 0.85 in 2020 to 1.09 in 2022. This indicates that the company is generating more revenue relative to its fixed assets over this period. However, the data for 2023 and 2024 is missing, making it difficult to assess the trend for these years.
In contrast, the total asset turnover ratio has fluctuated slightly, starting at 0.45 in 2020, dropping to 0.41 in 2021, and then slowly rising to 0.46 in 2024. This suggests that the company's ability to generate sales from its total assets has slightly improved over the years, albeit with some variations.
Overall, based on these ratios, Vistra Energy Corp appears to be utilizing its fixed assets more efficiently in generating revenue, while also showing a modest improvement in generating sales from its total assets over the analyzed period.