American States Water Co (American States Water Co) Days Inventory

: 51.61 (As of Dec. 2023)

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Days Inventory is also known as Days Sales of Inventory (DSI). American States Water Co's Average Total Inventories for the three months ended in Dec. 2023 was $16.9 Mil. American States Water Co's Cost of Goods Sold for the three months ended in Dec. 2023 was $29.9 Mil. Hence, American States Water Co's Days Inventory for the three months ended in Dec. 2023 was 51.61.

The historical rank and industry rank for American States Water Co's Days Inventory or its related term are showing as below:

AWR' s Days Inventory Range Over the Past 10 Years
Min: 12.7 Med: 18.13 Max: 40.72
Current: 40.72

During the past 13 years, American States Water Co's highest Days Inventory was 40.72. The lowest was 12.70. And the median was 18.13.

AWR's Days Inventory is ranked worse than
72.26% of 465 companies
in the Utilities - Regulated industry
Industry Median: 22.67 vs AWR: 40.72

American States Water Co's Days Inventory increased from Dec. 2022 (45.52) to Dec. 2023 (51.61). It might indicate that American States Water Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. American States Water Co's Inventory Turnover for the three months ended in Dec. 2023 was 1.77.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. American States Water Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.13.

American States Water Co Days Inventory Historical Data

The historical data trend for American States Water Co's Days Inventory can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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American States Water Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

18.54

23.00

31.34

39.65

40.20

American States Water Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory																45.52	35.08	42.68	37.04	51.61

Competitive Comparison

For the Utilities - Regulated Water subindustry, American States Water Co's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

American States Water Co Days Inventory Distribution

For the Utilities - Regulated industry and Utilities sector, American States Water Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where American States Water Co's Days Inventory falls into.

American States Water Co Days Inventory Calculation

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

American States Water Co's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

	Days Inventory (A: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (14.623	+	17.574)	/	2 )	/	146.154	*	365
=	16.0985					/	146.154	*	365
=	40.20

American States Water Co's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (16.218	+	17.574)	/	2 )	/	29.872	*	365 / 4
=	16.896					/	29.872	*	365 / 4
=	51.61

American States Water Co (NYSE:AWR) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

1. Inventory Turnover measures how fast the company turns over its inventory within a year.

American States Water Co's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	29.872	/	16.896
	=	1.77

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

American States Water Co's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	16.896	/	125.18
	=	0.13

Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.

American States Water Co Days Inventory Related Terms

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American States Water Co (American States Water Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » American States Water Co (NYSE:AWR) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

FDK:Germany

Address

630 E. Foothill Boulevard, San Dimas, CA, USA, 91773-1212

Website

https://www.aswater.com

American States Water Co is water and utilities holding company based in California. The segments of the firm include water, electric, and contracted services. Within these segments, American States Water conducts water and electric operations through Golden State Water Company and contracted services through American States Utility Services and its subsidiaries. Golden State Water conducts its operations across various counties in California and is regulated by the California Public Utilities Commission. American States Utility Services has contracted with the U.S. government to provide water services to various military installations. The majority of the company's revenue is derived from water services from commercial and residential customers.

Executives

Anne M Holloway	director
Steven D Davis	director
Thomas A. Eichelberger	director	630 E FOOTHILL BLVD, SAN DIMAS CA 91773
Roger M Ervin	director	630 E FOOTHILL BLVD, SAN DIMAS CA 91773
Sarah J Anderson	director	3633 E. INLAND EMPIRE BLVD., SUITE 480, ONTARIO CA 91764
Hodges Granville R Jr	officer: Vice President	2712 HARTFORD AVENUE, FULLERTON CA 92835
David R Schickling	officer: Vice President Water Operation	630 E FOOTHILL BLVD, SAN DIMAS CA 91773
Susan P. Miller	officer: Vice President	630 E. FOOTHILL BLVD., SAN DIMAS CA 91773
Bryan K Switzer	officer: Vice President	630 EAST FOOTHILL BOULEVARD, SAN DIMAS CA 91773
Christopher H Connor	officer: SVP of ASUS	630 E FOOTHILL BLVD, SAN DIMAS CA 91773
Jon Pierotti	officer: Vice President Reg Affairs	630 E FOOTHILL BLVD, SAN DIMAS CA 91773
John R Fielder	director	SOUTHERN CALIFORNIA EDISON CO, P O BOX 800, ROSEMEAD CA 91770
James L Anderson	director	8828 N. STEMMONS FREEWAY, SUITE 106, DALLAS TX 75247
Diana M Bonta	director	1056 ALVIRA STREET, LOS ANGELES CA 90035
Eva G Tang	officer: Vice President	1544 MANOR GATE DRIVE, HACIENDA HEIGHTS CA 91745-3833