Xcel Energy Inc (XEL)

Short-term

Turnover ratios

Based on the provided data on Xcel Energy Inc's activity ratios over the past five years, we can observe the following trends:

1. Inventory Turnover:
- The inventory turnover ratio measures how efficiently the company is managing its inventory. Xcel Energy's inventory turnover has fluctuated over the periods provided, ranging from a low of 10.24 in September 2022 to a high of 16.65 in March 2023. Overall, the company has maintained relatively high inventory turnover, indicating efficient management of its inventory levels.

2. Receivables Turnover:
- Unfortunately, there is no data available for receivables turnover, which would have provided insights into how quickly the company collects its receivables from customers. Without this information, it is challenging to assess Xcel Energy's effectiveness in managing its accounts receivable.

3. Payables Turnover:
- Similarly, no data is available for payables turnover, which would have indicated how long it takes the company to pay its suppliers. This ratio is crucial for understanding the company's liquidity management and its relationships with suppliers.

4. Working Capital Turnover:
- The working capital turnover ratio shows how efficiently the company is utilizing its working capital to generate sales. In September 2022, Xcel Energy had a working capital turnover of 78.14, which suggests that the company generated $78.14 in revenue for every dollar of working capital invested. This is a positive sign of the company's operational efficiency during that period.

In conclusion, while Xcel Energy has demonstrated strong inventory turnover and working capital efficiency in the periods provided, the lack of data on receivables and payables turnover limits a comprehensive analysis of the company's overall activity ratios. It would be beneficial to have more information to gain a more complete understanding of Xcel Energy's operational effectiveness and financial management.

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Average number of days

The Days of Inventory on Hand (DOH) ratio for Xcel Energy Inc has fluctuated over the past few years, ranging from a low of 21.92 days as of March 31, 2023, to a high of 35.63 days as of September 30, 2022. A decreasing trend in this ratio indicates the company is managing its inventory more efficiently and selling goods at a faster rate.

On the other hand, the Days of Sales Outstanding (DSO) and Number of Days of Payables ratios are not available, possibly due to the nature of Xcel Energy's business operations. It is not uncommon for utility companies like Xcel Energy to have unique characteristics that make these ratios difficult to calculate or not relevant to their operations.

In summary, Xcel Energy Inc's inventory management seems to have improved over the years, as reflected in its decreasing DOH ratio. However, without information on DSO and payables, a complete assessment of the company's working capital management is limited.

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Long-term

The Fixed Asset Turnover ratio for Xcel Energy Inc has been relatively stable around 0.27 to 0.32 over the past few years, indicating that the company generates approximately $0.27 to $0.32 in revenue for every dollar invested in fixed assets. This suggests that Xcel Energy is efficiently utilizing its fixed assets to generate sales.

In terms of Total Asset Turnover, Xcel Energy's performance has improved gradually from 0.21 to 0.19 between March 2020 and December 2024. This indicates that the company is becoming more effective in generating revenue relative to its total assets, with each dollar of assets producing between $0.19 to $0.25 in sales over the period analyzed.

Overall, these long-term activity ratios suggest that Xcel Energy Inc is effectively managing and utilizing its assets to generate revenue, with a slightly improving trend in total asset turnover indicating enhanced efficiency in asset utilization.