Analysis of Short-term (Operating) Activity Ratios
Quarterly Data
Activity ratios measure how efficiently a company performs day-to-day tasks, such us the collection of receivables and management of inventory.
Short-term Activity Ratios (Summary)
Amphenol Corp., short-term (operating) activity ratios (quarterly data)
Based on: 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31).
| Short-term activity ratio | Description | The company |
|---|---|---|
| Inventory turnover | An activity ratio calculated as cost of goods sold divided by inventory. | Amphenol Corp. inventory turnover ratio deteriorated from Q3 2023 to Q4 2023 but then improved from Q4 2023 to Q1 2024 not reaching Q3 2023 level. |
| Receivables turnover | An activity ratio equal to revenue divided by receivables. | Amphenol Corp. receivables turnover ratio deteriorated from Q3 2023 to Q4 2023 but then improved from Q4 2023 to Q1 2024 exceeding Q3 2023 level. |
| Payables turnover | An activity ratio calculated as cost of goods sold divided by payables. | Amphenol Corp. payables turnover ratio decreased from Q3 2023 to Q4 2023 but then increased from Q4 2023 to Q1 2024 exceeding Q3 2023 level. |
| Working capital turnover | An activity ratio calculated as revenue divided by working capital. | Amphenol Corp. working capital turnover ratio improved from Q3 2023 to Q4 2023 and from Q4 2023 to Q1 2024. |
| Short-term activity ratio | Description | The company |
|---|---|---|
| Average inventory processing period | An activity ratio equal to the number of days in the period divided by inventory turnover over the period. | |
| Average receivable collection period | An activity ratio equal to the number of days in the period divided by receivables turnover. | Amphenol Corp. number of days of receivables outstanding deteriorated from Q3 2023 to Q4 2023 but then improved from Q4 2023 to Q1 2024 exceeding Q3 2023 level. |
| Operating cycle | Equal to average inventory processing period plus average receivables collection period. | Amphenol Corp. operating cycle deteriorated from Q3 2023 to Q4 2023 but then improved from Q4 2023 to Q1 2024 exceeding Q3 2023 level. |
| Average payables payment period | An estimate of the average number of days it takes a company to pay its suppliers; equal to the number of days in the period divided by payables turnover ratio for the period. | |
| Cash conversion cycle | A financial metric that measures the length of time required for a company to convert cash invested in its operations to cash received as a result of its operations; equal to average inventory processing period plus average receivables collection period minus average payables payment period. | Amphenol Corp. cash conversion cycle improved from Q3 2023 to Q4 2023 and from Q4 2023 to Q1 2024. |
Inventory Turnover
Amphenol Corp., inventory turnover calculation (quarterly data)
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | ||||||||||||||||||||||||||||
| Cost of sales | 2,167,300) | 2,227,100) | 2,150,700) | 2,062,200) | 2,030,600) | 2,201,700) | 2,235,200) | 2,132,600) | 2,025,300) | 2,085,600) | 1,928,600) | 1,810,700) | 1,649,600) | 1,660,400) | 1,588,500) | 1,383,700) | 1,302,200) | 1,472,300) | 1,438,700) | 1,367,700) | 1,330,700) | |||||||
| Inventories | 2,152,900) | 2,167,100) | 2,099,100) | 1,997,800) | 2,105,100) | 2,093,600) | 2,080,100) | 2,043,700) | 1,989,700) | 1,894,100) | 1,952,500) | 1,771,400) | 1,565,100) | 1,462,200) | 1,391,000) | 1,361,900) | 1,325,000) | 1,310,100) | 1,273,500) | 1,275,300) | 1,224,400) | |||||||
| Short-term Activity Ratio | ||||||||||||||||||||||||||||
| Inventory turnover1 | 4.00 | 3.91 | 4.02 | 4.27 | 4.09 | 4.11 | 4.08 | 4.00 | 3.95 | 3.95 | 3.61 | 3.79 | 4.01 | 4.06 | 4.13 | 4.11 | 4.21 | 4.28 | — | — | — | |||||||
| Benchmarks | ||||||||||||||||||||||||||||
| Inventory Turnover, Competitors2 | ||||||||||||||||||||||||||||
| Apple Inc. | 32.57 | 33.82 | 29.54 | 29.24 | 32.36 | 45.20 | 40.43 | 40.07 | 36.69 | 32.37 | 39.55 | 37.48 | 36.21 | 41.75 | 42.55 | 49.75 | 40.54 | 39.40 | — | — | — | |||||||
| Arista Networks Inc. | 1.11 | 1.15 | 1.16 | 1.12 | 1.15 | 1.32 | 1.36 | 1.53 | 1.65 | 1.64 | 1.74 | 1.75 | 1.85 | 1.74 | 1.82 | 2.49 | 3.19 | 3.55 | — | — | — | |||||||
| Cisco Systems Inc. | 6.30 | 5.83 | 6.01 | 6.45 | 7.41 | 7.52 | 8.52 | 9.19 | 10.06 | 11.50 | 11.15 | 11.98 | 13.25 | 13.74 | 14.85 | 13.73 | 14.14 | 13.91 | — | — | — | |||||||
| Super Micro Computer Inc. | 2.97 | 4.04 | 3.49 | 3.84 | 2.88 | 2.84 | 2.50 | 2.58 | 2.77 | 2.90 | 3.18 | 3.39 | 3.59 | 3.30 | 3.19 | 3.91 | 4.12 | 4.48 | — | — | — | |||||||
Based on: 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31).
1 Q1 2024 Calculation
Inventory turnover
= (Cost of salesQ1 2024
+ Cost of salesQ4 2023
+ Cost of salesQ3 2023
+ Cost of salesQ2 2023)
÷ Inventories
= (2,167,300 + 2,227,100 + 2,150,700 + 2,062,200)
÷ 2,152,900 = 4.00
2 Click competitor name to see calculations.
| Short-term activity ratio | Description | The company |
|---|---|---|
| Inventory turnover | An activity ratio calculated as cost of goods sold divided by inventory. | Amphenol Corp. inventory turnover ratio deteriorated from Q3 2023 to Q4 2023 but then improved from Q4 2023 to Q1 2024 not reaching Q3 2023 level. |
Receivables Turnover
Amphenol Corp., receivables turnover calculation (quarterly data)
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | ||||||||||||||||||||||||||||
| Net sales | 3,256,300) | 3,327,600) | 3,199,200) | 3,053,900) | 2,974,000) | 3,239,100) | 3,295,200) | 3,136,800) | 2,951,900) | 3,026,800) | 2,818,500) | 2,653,900) | 2,377,100) | 2,426,000) | 2,323,400) | 1,987,500) | 1,862,000) | 2,151,000) | 2,100,600) | 2,015,300) | 1,958,500) | |||||||
| Accounts receivable, less allowance for doubtful accounts | 2,501,400) | 2,618,400) | 2,571,200) | 2,443,500) | 2,411,900) | 2,631,300) | 2,640,100) | 2,571,600) | 2,422,100) | 2,454,800) | 2,204,500) | 2,072,800) | 1,931,800) | 1,951,600) | 1,880,300) | 1,658,300) | 1,540,500) | 1,736,400) | 1,689,100) | 1,685,000) | 1,661,900) | |||||||
| Short-term Activity Ratio | ||||||||||||||||||||||||||||
| Receivables turnover1 | 5.13 | 4.79 | 4.85 | 5.14 | 5.24 | 4.80 | 4.70 | 4.64 | 4.73 | 4.43 | 4.66 | 4.72 | 4.72 | 4.41 | 4.43 | 4.89 | 5.28 | 4.74 | — | — | — | |||||||
| Benchmarks | ||||||||||||||||||||||||||||
| Receivables Turnover, Competitors2 | ||||||||||||||||||||||||||||
| Apple Inc. | 16.63 | 12.99 | 19.64 | 21.47 | 16.32 | 13.99 | 17.77 | 18.55 | 12.52 | 13.92 | 19.87 | 17.59 | 10.85 | 17.03 | 15.31 | 17.04 | 12.77 | 11.35 | — | — | — | |||||||
| Arista Networks Inc. | 5.58 | 5.72 | 6.71 | 6.75 | 5.63 | 4.75 | 6.03 | 5.98 | 4.87 | 5.71 | 7.01 | 7.22 | 6.47 | 5.95 | 7.40 | 5.92 | 6.64 | 6.15 | — | — | — | |||||||
| Cisco Systems Inc. | 12.01 | 9.74 | 10.76 | 10.15 | 9.61 | 7.79 | 8.92 | 8.59 | 9.57 | 8.64 | 11.04 | 11.15 | 12.08 | 9.01 | 11.07 | 11.91 | 10.66 | 9.45 | — | — | — | |||||||
| Super Micro Computer Inc. | 8.74 | 6.20 | 9.78 | 8.65 | 8.17 | 6.23 | 6.81 | 8.38 | 8.36 | 7.67 | 8.31 | 10.10 | 10.23 | 8.27 | 9.90 | 9.07 | 9.35 | 8.89 | — | — | — | |||||||
Based on: 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31).
1 Q1 2024 Calculation
Receivables turnover
= (Net salesQ1 2024
+ Net salesQ4 2023
+ Net salesQ3 2023
+ Net salesQ2 2023)
÷ Accounts receivable, less allowance for doubtful accounts
= (3,256,300 + 3,327,600 + 3,199,200 + 3,053,900)
÷ 2,501,400 = 5.13
2 Click competitor name to see calculations.
| Short-term activity ratio | Description | The company |
|---|---|---|
| Receivables turnover | An activity ratio equal to revenue divided by receivables. | Amphenol Corp. receivables turnover ratio deteriorated from Q3 2023 to Q4 2023 but then improved from Q4 2023 to Q1 2024 exceeding Q3 2023 level. |
Payables Turnover
Amphenol Corp., payables turnover calculation (quarterly data)
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | ||||||||||||||||||||||||||||
| Cost of sales | 2,167,300) | 2,227,100) | 2,150,700) | 2,062,200) | 2,030,600) | 2,201,700) | 2,235,200) | 2,132,600) | 2,025,300) | 2,085,600) | 1,928,600) | 1,810,700) | 1,649,600) | 1,660,400) | 1,588,500) | 1,383,700) | 1,302,200) | 1,472,300) | 1,438,700) | 1,367,700) | 1,330,700) | |||||||
| Accounts payable | 1,264,700) | 1,350,900) | 1,248,900) | 1,116,800) | 1,182,100) | 1,309,100) | 1,393,600) | 1,372,900) | 1,275,900) | 1,312,000) | 1,300,000) | 1,204,700) | 1,070,700) | 1,120,700) | 1,075,900) | 928,000) | 817,200) | 866,800) | 830,700) | 814,600) | 797,100) | |||||||
| Short-term Activity Ratio | ||||||||||||||||||||||||||||
| Payables turnover1 | 6.81 | 6.27 | 6.76 | 7.64 | 7.28 | 6.57 | 6.08 | 5.95 | 6.15 | 5.70 | 5.42 | 5.57 | 5.87 | 5.30 | 5.34 | 6.03 | 6.83 | 6.47 | — | — | — | |||||||
| Benchmarks | ||||||||||||||||||||||||||||
| Payables Turnover, Competitors2 | ||||||||||||||||||||||||||||
| Apple Inc. | 3.65 | 3.42 | 4.65 | 5.10 | 3.81 | 3.49 | 4.54 | 4.15 | 2.90 | 3.89 | 5.07 | 4.88 | 2.82 | 4.01 | 4.79 | 5.12 | 3.68 | 3.50 | — | — | — | |||||||
| Arista Networks Inc. | 10.09 | 5.13 | 8.16 | 5.95 | 5.84 | 7.33 | 5.39 | 4.74 | 5.61 | 5.27 | 7.39 | 6.54 | 6.52 | 6.23 | 4.89 | 6.63 | 9.86 | 9.41 | — | — | — | |||||||
| Cisco Systems Inc. | 10.11 | 9.19 | 8.55 | 8.69 | 8.53 | 8.47 | 8.31 | 9.00 | 8.15 | 7.59 | 7.22 | 9.22 | 7.53 | 7.94 | 7.52 | 9.60 | 9.43 | 9.34 | — | — | — | |||||||
| Super Micro Computer Inc. | 5.63 | 7.52 | 8.38 | 9.76 | 6.38 | 6.71 | 5.09 | 5.18 | 5.82 | 4.94 | 6.18 | 6.91 | 8.33 | 6.74 | 5.97 | 7.02 | 8.51 | 8.34 | — | — | — | |||||||
Based on: 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31).
1 Q1 2024 Calculation
Payables turnover
= (Cost of salesQ1 2024
+ Cost of salesQ4 2023
+ Cost of salesQ3 2023
+ Cost of salesQ2 2023)
÷ Accounts payable
= (2,167,300 + 2,227,100 + 2,150,700 + 2,062,200)
÷ 1,264,700 = 6.81
2 Click competitor name to see calculations.
| Short-term activity ratio | Description | The company |
|---|---|---|
| Payables turnover | An activity ratio calculated as cost of goods sold divided by payables. | Amphenol Corp. payables turnover ratio decreased from Q3 2023 to Q4 2023 but then increased from Q4 2023 to Q1 2024 exceeding Q3 2023 level. |
Working Capital Turnover
Amphenol Corp., working capital turnover calculation (quarterly data)
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | ||||||||||||||||||||||||||||
| Current assets | 7,041,700) | 6,835,300) | 6,773,300) | 6,321,300) | 6,394,000) | 6,479,100) | 6,326,900) | 6,311,000) | 6,108,700) | 5,958,200) | 6,919,800) | 6,491,200) | 6,186,700) | 5,490,800) | 5,037,000) | 4,618,000) | 5,517,500) | 4,211,200) | 4,232,200) | 4,222,100) | 4,127,500) | |||||||
| Less: Current liabilities | 3,423,100) | 3,152,700) | 2,908,800) | 2,709,700) | 2,426,200) | 2,676,100) | 2,654,900) | 2,580,700) | 2,397,200) | 2,447,100) | 2,885,000) | 2,996,500) | 2,547,900) | 2,304,300) | 2,215,000) | 1,785,200) | 2,170,200) | 2,132,700) | 2,122,600) | 2,052,900) | 1,649,200) | |||||||
| Working capital | 3,618,600) | 3,682,600) | 3,864,500) | 3,611,600) | 3,967,800) | 3,803,000) | 3,672,000) | 3,730,300) | 3,711,500) | 3,511,100) | 4,034,800) | 3,494,700) | 3,638,800) | 3,186,500) | 2,822,000) | 2,832,800) | 3,347,300) | 2,078,500) | 2,109,600) | 2,169,200) | 2,478,300) | |||||||
| Net sales | 3,256,300) | 3,327,600) | 3,199,200) | 3,053,900) | 2,974,000) | 3,239,100) | 3,295,200) | 3,136,800) | 2,951,900) | 3,026,800) | 2,818,500) | 2,653,900) | 2,377,100) | 2,426,000) | 2,323,400) | 1,987,500) | 1,862,000) | 2,151,000) | 2,100,600) | 2,015,300) | 1,958,500) | |||||||
| Short-term Activity Ratio | ||||||||||||||||||||||||||||
| Working capital turnover1 | 3.55 | 3.41 | 3.23 | 3.48 | 3.19 | 3.32 | 3.38 | 3.20 | 3.09 | 3.10 | 2.55 | 2.80 | 2.50 | 2.70 | 2.95 | 2.86 | 2.43 | 3.96 | — | — | — | |||||||
| Benchmarks | ||||||||||||||||||||||||||||
| Working Capital Turnover, Competitors2 | ||||||||||||||||||||||||||||
| Apple Inc. | 39.69 | — | — | — | — | — | — | — | 67.80 | 39.10 | 52.06 | 21.58 | 13.62 | 7.16 | 6.12 | 5.62 | 4.38 | 4.56 | — | — | — | |||||||
| Arista Networks Inc. | 0.85 | 0.90 | 0.96 | 1.01 | 1.04 | 1.03 | 1.04 | 1.01 | 0.85 | 0.80 | 0.76 | 0.76 | 0.77 | 0.76 | 0.74 | 0.77 | 0.85 | 0.84 | — | — | — | |||||||
| Cisco Systems Inc. | 4.60 | 4.73 | 4.89 | 4.72 | 4.65 | 4.65 | 4.36 | 4.74 | 3.54 | 3.88 | 3.82 | 2.89 | 3.00 | 2.70 | 3.29 | 2.87 | 3.04 | 3.24 | — | — | — | |||||||
| Super Micro Computer Inc. | 3.76 | 3.95 | 4.05 | 3.84 | 3.94 | 3.89 | 3.91 | 3.81 | 4.09 | 3.96 | 3.95 | 3.74 | 3.71 | 3.77 | 3.82 | 3.85 | 4.00 | 4.29 | — | — | — | |||||||
Based on: 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31).
1 Q1 2024 Calculation
Working capital turnover
= (Net salesQ1 2024
+ Net salesQ4 2023
+ Net salesQ3 2023
+ Net salesQ2 2023)
÷ Working capital
= (3,256,300 + 3,327,600 + 3,199,200 + 3,053,900)
÷ 3,618,600 = 3.55
2 Click competitor name to see calculations.
| Short-term activity ratio | Description | The company |
|---|---|---|
| Working capital turnover | An activity ratio calculated as revenue divided by working capital. | Amphenol Corp. working capital turnover ratio improved from Q3 2023 to Q4 2023 and from Q4 2023 to Q1 2024. |
Average Inventory Processing Period
Amphenol Corp., average inventory processing period calculation (quarterly data)
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data | ||||||||||||||||||||||||||||
| Inventory turnover | 4.00 | 3.91 | 4.02 | 4.27 | 4.09 | 4.11 | 4.08 | 4.00 | 3.95 | 3.95 | 3.61 | 3.79 | 4.01 | 4.06 | 4.13 | 4.11 | 4.21 | 4.28 | — | — | — | |||||||
| Short-term Activity Ratio (no. days) | ||||||||||||||||||||||||||||
| Average inventory processing period1 | 91 | 93 | 91 | 85 | 89 | 89 | 90 | 91 | 93 | 92 | 101 | 96 | 91 | 90 | 88 | 89 | 87 | 85 | — | — | — | |||||||
| Benchmarks (no. days) | ||||||||||||||||||||||||||||
| Average Inventory Processing Period, Competitors2 | ||||||||||||||||||||||||||||
| Apple Inc. | 11 | 11 | 12 | 12 | 11 | 8 | 9 | 9 | 10 | 11 | 9 | 10 | 10 | 9 | 9 | 7 | 9 | 9 | — | — | — | |||||||
| Arista Networks Inc. | 328 | 318 | 315 | 325 | 318 | 276 | 268 | 239 | 221 | 222 | 210 | 209 | 197 | 210 | 200 | 147 | 114 | 103 | — | — | — | |||||||
| Cisco Systems Inc. | 58 | 63 | 61 | 57 | 49 | 49 | 43 | 40 | 36 | 32 | 33 | 30 | 28 | 27 | 25 | 27 | 26 | 26 | — | — | — | |||||||
| Super Micro Computer Inc. | 123 | 90 | 105 | 95 | 127 | 128 | 146 | 141 | 132 | 126 | 115 | 108 | 102 | 110 | 114 | 93 | 89 | 81 | — | — | — | |||||||
Based on: 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31).
1 Q1 2024 Calculation
Average inventory processing period = 365 ÷ Inventory turnover
= 365 ÷ 4.00 = 91
2 Click competitor name to see calculations.
| Short-term activity ratio | Description | The company |
|---|---|---|
| Average inventory processing period | An activity ratio equal to the number of days in the period divided by inventory turnover over the period. |
Average Receivable Collection Period
Amphenol Corp., average receivable collection period calculation (quarterly data)
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data | ||||||||||||||||||||||||||||
| Receivables turnover | 5.13 | 4.79 | 4.85 | 5.14 | 5.24 | 4.80 | 4.70 | 4.64 | 4.73 | 4.43 | 4.66 | 4.72 | 4.72 | 4.41 | 4.43 | 4.89 | 5.28 | 4.74 | — | — | — | |||||||
| Short-term Activity Ratio (no. days) | ||||||||||||||||||||||||||||
| Average receivable collection period1 | 71 | 76 | 75 | 71 | 70 | 76 | 78 | 79 | 77 | 82 | 78 | 77 | 77 | 83 | 82 | 75 | 69 | 77 | — | — | — | |||||||
| Benchmarks (no. days) | ||||||||||||||||||||||||||||
| Average Receivable Collection Period, Competitors2 | ||||||||||||||||||||||||||||
| Apple Inc. | 22 | 28 | 19 | 17 | 22 | 26 | 21 | 20 | 29 | 26 | 18 | 21 | 34 | 21 | 24 | 21 | 29 | 32 | — | — | — | |||||||
| Arista Networks Inc. | 65 | 64 | 54 | 54 | 65 | 77 | 61 | 61 | 75 | 64 | 52 | 51 | 56 | 61 | 49 | 62 | 55 | 59 | — | — | — | |||||||
| Cisco Systems Inc. | 30 | 37 | 34 | 36 | 38 | 47 | 41 | 43 | 38 | 42 | 33 | 33 | 30 | 41 | 33 | 31 | 34 | 39 | — | — | — | |||||||
| Super Micro Computer Inc. | 42 | 59 | 37 | 42 | 45 | 59 | 54 | 44 | 44 | 48 | 44 | 36 | 36 | 44 | 37 | 40 | 39 | 41 | — | — | — | |||||||
Based on: 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31).
1 Q1 2024 Calculation
Average receivable collection period = 365 ÷ Receivables turnover
= 365 ÷ 5.13 = 71
2 Click competitor name to see calculations.
| Short-term activity ratio | Description | The company |
|---|---|---|
| Average receivable collection period | An activity ratio equal to the number of days in the period divided by receivables turnover. | Amphenol Corp. number of days of receivables outstanding deteriorated from Q3 2023 to Q4 2023 but then improved from Q4 2023 to Q1 2024 exceeding Q3 2023 level. |
Operating Cycle
Amphenol Corp., operating cycle calculation (quarterly data)
No. days
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data | ||||||||||||||||||||||||||||
| Average inventory processing period | 91 | 93 | 91 | 85 | 89 | 89 | 90 | 91 | 93 | 92 | 101 | 96 | 91 | 90 | 88 | 89 | 87 | 85 | — | — | — | |||||||
| Average receivable collection period | 71 | 76 | 75 | 71 | 70 | 76 | 78 | 79 | 77 | 82 | 78 | 77 | 77 | 83 | 82 | 75 | 69 | 77 | — | — | — | |||||||
| Short-term Activity Ratio | ||||||||||||||||||||||||||||
| Operating cycle1 | 162 | 169 | 166 | 156 | 159 | 165 | 168 | 170 | 170 | 174 | 179 | 173 | 168 | 173 | 170 | 164 | 156 | 162 | — | — | — | |||||||
| Benchmarks | ||||||||||||||||||||||||||||
| Operating Cycle, Competitors2 | ||||||||||||||||||||||||||||
| Apple Inc. | 33 | 39 | 31 | 29 | 33 | 34 | 30 | 29 | 39 | 37 | 27 | 31 | 44 | 30 | 33 | 28 | 38 | 41 | — | — | — | |||||||
| Arista Networks Inc. | 393 | 382 | 369 | 379 | 383 | 353 | 329 | 300 | 296 | 286 | 262 | 260 | 253 | 271 | 249 | 209 | 169 | 162 | — | — | — | |||||||
| Cisco Systems Inc. | 88 | 100 | 95 | 93 | 87 | 96 | 84 | 83 | 74 | 74 | 66 | 63 | 58 | 68 | 58 | 58 | 60 | 65 | — | — | — | |||||||
| Super Micro Computer Inc. | 165 | 149 | 142 | 137 | 172 | 187 | 200 | 185 | 176 | 174 | 159 | 144 | 138 | 154 | 151 | 133 | 128 | 122 | — | — | — | |||||||
Based on: 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31).
1 Q1 2024 Calculation
Operating cycle = Average inventory processing period + Average receivable collection period
= 91 + 71 = 162
2 Click competitor name to see calculations.
| Short-term activity ratio | Description | The company |
|---|---|---|
| Operating cycle | Equal to average inventory processing period plus average receivables collection period. | Amphenol Corp. operating cycle deteriorated from Q3 2023 to Q4 2023 but then improved from Q4 2023 to Q1 2024 exceeding Q3 2023 level. |
Average Payables Payment Period
Amphenol Corp., average payables payment period calculation (quarterly data)
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data | ||||||||||||||||||||||||||||
| Payables turnover | 6.81 | 6.27 | 6.76 | 7.64 | 7.28 | 6.57 | 6.08 | 5.95 | 6.15 | 5.70 | 5.42 | 5.57 | 5.87 | 5.30 | 5.34 | 6.03 | 6.83 | 6.47 | — | — | — | |||||||
| Short-term Activity Ratio (no. days) | ||||||||||||||||||||||||||||
| Average payables payment period1 | 54 | 58 | 54 | 48 | 50 | 56 | 60 | 61 | 59 | 64 | 67 | 66 | 62 | 69 | 68 | 61 | 53 | 56 | — | — | — | |||||||
| Benchmarks (no. days) | ||||||||||||||||||||||||||||
| Average Payables Payment Period, Competitors2 | ||||||||||||||||||||||||||||
| Apple Inc. | 100 | 107 | 79 | 72 | 96 | 105 | 80 | 88 | 126 | 94 | 72 | 75 | 129 | 91 | 76 | 71 | 99 | 104 | — | — | — | |||||||
| Arista Networks Inc. | 36 | 71 | 45 | 61 | 62 | 50 | 68 | 77 | 65 | 69 | 49 | 56 | 56 | 59 | 75 | 55 | 37 | 39 | — | — | — | |||||||
| Cisco Systems Inc. | 36 | 40 | 43 | 42 | 43 | 43 | 44 | 41 | 45 | 48 | 51 | 40 | 48 | 46 | 49 | 38 | 39 | 39 | — | — | — | |||||||
| Super Micro Computer Inc. | 65 | 49 | 44 | 37 | 57 | 54 | 72 | 70 | 63 | 74 | 59 | 53 | 44 | 54 | 61 | 52 | 43 | 44 | — | — | — | |||||||
Based on: 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31).
1 Q1 2024 Calculation
Average payables payment period = 365 ÷ Payables turnover
= 365 ÷ 6.81 = 54
2 Click competitor name to see calculations.
| Short-term activity ratio | Description | The company |
|---|---|---|
| Average payables payment period | An estimate of the average number of days it takes a company to pay its suppliers; equal to the number of days in the period divided by payables turnover ratio for the period. |
Cash Conversion Cycle
Amphenol Corp., cash conversion cycle calculation (quarterly data)
No. days
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data | ||||||||||||||||||||||||||||
| Average inventory processing period | 91 | 93 | 91 | 85 | 89 | 89 | 90 | 91 | 93 | 92 | 101 | 96 | 91 | 90 | 88 | 89 | 87 | 85 | — | — | — | |||||||
| Average receivable collection period | 71 | 76 | 75 | 71 | 70 | 76 | 78 | 79 | 77 | 82 | 78 | 77 | 77 | 83 | 82 | 75 | 69 | 77 | — | — | — | |||||||
| Average payables payment period | 54 | 58 | 54 | 48 | 50 | 56 | 60 | 61 | 59 | 64 | 67 | 66 | 62 | 69 | 68 | 61 | 53 | 56 | — | — | — | |||||||
| Short-term Activity Ratio | ||||||||||||||||||||||||||||
| Cash conversion cycle1 | 108 | 111 | 112 | 108 | 109 | 109 | 108 | 109 | 111 | 110 | 112 | 107 | 106 | 104 | 102 | 103 | 103 | 106 | — | — | — | |||||||
| Benchmarks | ||||||||||||||||||||||||||||
| Cash Conversion Cycle, Competitors2 | ||||||||||||||||||||||||||||
| Apple Inc. | -67 | -68 | -48 | -43 | -63 | -71 | -50 | -59 | -87 | -57 | -45 | -44 | -85 | -61 | -43 | -43 | -61 | -63 | — | — | — | |||||||
| Arista Networks Inc. | 357 | 311 | 324 | 318 | 321 | 303 | 261 | 223 | 231 | 217 | 213 | 204 | 197 | 212 | 174 | 154 | 132 | 123 | — | — | — | |||||||
| Cisco Systems Inc. | 52 | 60 | 52 | 51 | 44 | 53 | 40 | 42 | 29 | 26 | 15 | 23 | 10 | 22 | 9 | 20 | 21 | 26 | — | — | — | |||||||
| Super Micro Computer Inc. | 100 | 100 | 98 | 100 | 115 | 133 | 128 | 115 | 113 | 100 | 100 | 91 | 94 | 100 | 90 | 81 | 85 | 78 | — | — | — | |||||||
Based on: 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31).
1 Q1 2024 Calculation
Cash conversion cycle = Average inventory processing period + Average receivable collection period – Average payables payment period
= 91 + 71 – 54 = 108
2 Click competitor name to see calculations.
| Short-term activity ratio | Description | The company |
|---|---|---|
| Cash conversion cycle | A financial metric that measures the length of time required for a company to convert cash invested in its operations to cash received as a result of its operations; equal to average inventory processing period plus average receivables collection period minus average payables payment period. | Amphenol Corp. cash conversion cycle improved from Q3 2023 to Q4 2023 and from Q4 2023 to Q1 2024. |