Ziff Davis Inc (ZD)
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 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Receivables turnover | 2.12 | 2.92 | 3.02 | 3.06 | 4.04 | 4.70 | 4.80 | 4.98 | 4.56 | 6.04 | 5.82 | 5.39 | 4.48 | 5.19 | 5.26 | 5.03 | 3.56 | 6.12 | 6.64 | 6.46 |
| Payables turnover | 1.22 | 0.54 | 0.55 | 0.55 | 1.60 | 1.56 | 1.55 | 1.36 | 1.62 | — | — | — | 1.44 | — | — | — | — | — | — | — |
| Working capital turnover | 3.76 | 4.84 | 2.32 | 2.17 | 1.80 | 2.13 | 2.15 | 2.08 | 2.13 | 2.51 | 2.62 | 1.87 | 1.76 | — | — | — | — | 30.73 | 15.46 | 3.20 |
Ziff Davis Inc's Receivables Turnover ratio indicates the number of times the company collects its accounts receivable during a specific period, reflecting the efficiency of its credit policy and collection efforts. The trend shows a gradual decline from 6.46 in March 2020 to 2.12 in December 2024, indicating a lengthening collection period and potential issues with credit management.
The Payables Turnover ratio, which measures how quickly a company pays its suppliers, has a fluctuating pattern. It was 1.44 in December 2021, increased to 1.62 by December 2022, and then dropped to 1.22 by December 2024. This inconsistency suggests variable payment practices over time, which could impact creditor relationships and liquidity management.
The Working Capital Turnover ratio reflects how efficiently the company utilizes its working capital to generate sales revenue. The ratio fluctuates throughout the period, ranging from 1.76 in December 2021 to 4.84 in September 2024. The increase in the ratio signifies an improvement in utilizing working capital to drive sales, indicating better operational efficiency and potential for increased profitability.
Overall, Ziff Davis Inc may need to focus on improving its accounts receivable management to shorten collection cycles and potentially reassess its payment practices for better supplier relationships and cash flow management. Additionally, maintaining the positive trend in working capital turnover can lead to enhanced financial performance and sustainable growth in the future.
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 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Days of sales outstanding (DSO) | days | 172.08 | 125.07 | 120.82 | 119.42 | 90.37 | 77.61 | 76.08 | 73.30 | 79.96 | 60.44 | 62.71 | 67.77 | 81.50 | 70.36 | 69.38 | 72.58 | 102.56 | 59.62 | 54.94 | 56.47 |
| Number of days of payables | days | 299.46 | 672.89 | 658.88 | 661.82 | 228.03 | 233.82 | 236.05 | 269.22 | 225.53 | — | — | — | 254.22 | — | — | — | — | — | — | — |
Ziff Davis Inc's activity ratios provide insights into the efficiency of its operations. The Days of Sales Outstanding (DSO) measure suggests the number of days it takes for the company to collect its accounts receivable. An increasing trend in DSO, as seen in Ziff Davis Inc's data, may indicate a potential issue with the company's credit policies or the collection process.
The lack of information on Days of Inventory on Hand (DOH) prevents a detailed analysis of ZIff Davis Inc's inventory management efficiency. However, it is essential to monitor DOH to ensure optimal inventory levels and avoid the risk of holding obsolete or excessive inventory.
The Number of Days of Payables indicates the average length of time it takes for Ziff Davis Inc to pay its suppliers. An increasing trend in this ratio may suggest a delay in payment, which could negatively impact supplier relationships and possibly indicate cash flow issues.
Overall, monitoring these activity ratios over time can help assess Ziff Davis Inc's operational efficiency, effectiveness of credit and collection policies, inventory management, and payment practices.
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 | 7.10 | 6.95 | 7.08 | 7.15 | 7.25 | 7.36 | 7.13 | 7.40 | 7.81 | 8.20 | 8.52 | 8.85 | 8.79 | 7.60 | 7.63 | 7.82 | 8.81 | 8.02 | 8.66 | 9.70 |
| Total asset turnover | 0.38 | 0.40 | 0.37 | 0.37 | 0.39 | 0.41 | 0.40 | 0.39 | 0.39 | 0.41 | 0.40 | 0.39 | 0.38 | 0.36 | 0.35 | 0.33 | 0.32 | 0.35 | 0.37 | 0.39 |
The fixed asset turnover ratio for Ziff Davis Inc has shown a gradual decline from 9.70 in March 2020 to 7.10 in December 2024. This indicates that the company generated $7.10 in sales for every dollar invested in fixed assets by the end of 2024.
On the other hand, the total asset turnover ratio fluctuated over the same period, ranging from 0.32 in December 2020 to 0.40 in June 2023. This ratio measures the efficiency of asset utilization in generating revenue, with a higher ratio indicating better efficiency.
Overall, the analysis of long-term activity ratios suggests that while Ziff Davis Inc experienced a decline in the fixed asset turnover ratio, the total asset turnover ratio demonstrated some variability but generally showed improvements in asset utilization efficiency over the years.