Zurn Elkay Water Solutions Corporation (ZWS)
Activity ratios
Short-term
Turnover ratios
| Dec 31, 2024 | Sep 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 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | 4.74 | 4.74 | 4.64 | 4.80 | 4.70 | 4.54 | 3.75 | 3.20 | 2.46 | 4.21 | 5.62 | 8.19 | 4.66 | 4.76 | 3.60 | 3.43 | 3.53 | 4.02 | 3.68 | 3.73 |
| Receivables turnover | 6.90 | 6.26 | 6.65 | 6.74 | 6.32 | 6.17 | 6.05 | 5.39 | 3.88 | 6.11 | 7.79 | 10.35 | 6.15 | 5.92 | 6.50 | 6.83 | 7.39 | 6.18 | 7.08 | 6.92 |
| Payables turnover | 18.03 | 13.95 | 18.94 | 23.62 | 22.00 | 21.37 | 15.57 | 10.05 | 6.82 | 8.13 | 11.08 | 14.38 | 8.57 | 8.98 | 7.01 | 7.78 | 7.69 | 6.88 | 7.20 | 8.09 |
| Working capital turnover | 3.23 | 3.26 | 3.15 | 3.42 | 3.06 | 3.33 | 3.12 | 2.74 | 2.42 | 3.68 | 5.09 | 7.83 | 2.49 | 2.61 | 3.08 | 3.03 | 3.28 | 2.56 | 3.35 | 3.11 |
The inventory turnover ratio for Zurn Elkay Water Solutions Corporation has exhibited fluctuations over the years, ranging from 2.46 to 8.19. A decreasing trend is noticeable from September 30, 2022, to June 30, 2023. However, this was followed by an increase, with the ratio peaking at 8.19 on December 31, 2021, before stabilizing around 4.70 to 4.80 from March 31, 2023, to December 31, 2024.
The receivables turnover ratio has also fluctuated, ranging from 3.88 to 10.35, with some volatility evident in the data. The ratio increased significantly on December 31, 2021, before gradually declining and stabilizing around 6.26 to 6.90 from September 30, 2023, to December 31, 2024.
In terms of payables turnover, the trend shows an increasing ratio from September 30, 2019, to June 30, 2023, before a slight decrease by December 31, 2024. The ratio ranges from 6.82 to 23.62, with a notable spike on December 31, 2023.
The working capital turnover ratio for Zurn Elkay Water Solutions Corporation also displays fluctuations, with values ranging from 2.42 to 7.83. A substantial increase is seen on December 31, 2021, followed by a gradual decline and subsequent stabilization around 3.06 to 3.42 from September 30, 2023, to December 31, 2024.
Overall, the activity ratios of Zurn Elkay Water Solutions Corporation indicate varied trends in managing inventory, receivables, payables, and working capital turnover over the years, highlighting potential areas of improvement or further analysis within the company's operational efficiency and management of working capital.
Average number of days
| Dec 31, 2024 | Sep 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 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Days of inventory on hand (DOH) | days | 76.95 | 77.00 | 78.69 | 76.07 | 77.69 | 80.36 | 97.45 | 113.92 | 148.13 | 86.63 | 65.00 | 44.56 | 78.28 | 76.68 | 101.39 | 106.32 | 103.35 | 90.76 | 99.26 | 97.94 |
| Days of sales outstanding (DSO) | days | 52.88 | 58.26 | 54.89 | 54.18 | 57.79 | 59.12 | 60.38 | 67.76 | 93.96 | 59.74 | 46.84 | 35.25 | 59.37 | 61.66 | 56.19 | 53.40 | 49.38 | 59.07 | 51.55 | 52.77 |
| Number of days of payables | days | 20.24 | 26.17 | 19.28 | 15.46 | 16.59 | 17.08 | 23.45 | 36.32 | 53.49 | 44.88 | 32.95 | 25.38 | 42.60 | 40.67 | 52.09 | 46.93 | 47.44 | 53.06 | 50.69 | 45.11 |
Zurn Elkay Water Solutions Corporation's activity ratios provide insight into the efficiency of its operations.
1. Days of Inventory on Hand (DOH):
The company's DOH has shown some fluctuations over the years. A higher number of days of inventory on hand may indicate slower sales or excess inventory, which can tie up financial resources. The ratio increased significantly from September 2022 to October 2022, suggesting potential challenges in managing inventory levels efficiently.
2. Days of Sales Outstanding (DSO):
DSO measures how long it takes for the company to collect payments from its customers. Zurn Elkay Water Solutions Corporation has seen fluctuations in DSO, though generally maintaining a reasonable collection period. A decrease in DSO could indicate improved efficiency in collecting receivables and better cash flow management.
3. Number of Days of Payables:
This ratio reflects how long the company takes to pay its suppliers. Zurn Elkay Water Solutions Corporation has shown a decreasing trend in the number of days of payables, which can signal strong supplier relationships and potentially early payment discounts. However, a very low number of days of payables could indicate potential liquidity issues or strained supplier relationships.
Overall, by analyzing these activity ratios, stakeholders can gain insights into Zurn Elkay Water Solutions Corporation's operational efficiency, inventory management, and working capital management. Tracking these ratios over time can help identify trends and areas for improvement in the company's operational activities.
Long-term
| Dec 31, 2024 | Sep 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 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fixed asset turnover | 10.56 | 9.37 | 8.94 | 9.60 | 7.95 | 7.91 | 7.00 | 7.01 | 5.64 | 20.73 | 24.64 | 28.49 | 5.26 | 4.82 | 4.75 | 4.75 | 5.35 | 5.46 | 5.59 | 5.58 |
| Total asset turnover | 0.58 | 0.57 | 0.58 | 0.57 | 0.53 | 0.54 | 0.50 | 0.45 | 0.39 | 1.09 | 1.39 | 1.70 | 0.57 | 0.55 | 0.58 | 0.58 | 0.60 | 0.57 | 0.64 | 0.63 |
The Fixed Asset Turnover ratio measures the efficiency of a company in generating sales revenue from its investment in fixed assets. For Zurn Elkay Water Solutions Corporation, the Fixed Asset Turnover ratio has shown fluctuations over the years, ranging from a high of 28.49 in December 2021 to a low of 4.75 in both March and June 2020. This indicates that the company has been able to efficiently utilize its fixed assets to generate sales, with the ratio generally improving in recent periods, reaching 9.60 in December 2023.
The Total Asset Turnover ratio, on the other hand, measures the ability of a company to generate sales from its total assets. Zurn Elkay Water Solutions Corporation's Total Asset Turnover ratio has also displayed variability, with values ranging from 0.39 in September 2022 to 1.70 in December 2021. The ratio peaked in December 2021, indicating that the company was successful in generating higher sales relative to its total assets during that period.
Overall, the analysis of the long-term activity ratios for Zurn Elkay Water Solutions Corporation suggests that the company has experienced fluctuations in its ability to generate sales from both fixed assets and total assets over the years. It is important for the company to carefully manage its asset utilization efficiency to ensure sustainable growth and profitability in the long term.