Northwest Natural Holding Co (Northwest Natural Holding Co) Days Inventory

: 40.92 (As of Dec. 2023)

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Days Inventory is also known as Days Sales of Inventory (DSI). Northwest Natural Holding Co's Average Total Inventories for the three months ended in Dec. 2023 was $104 Mil. Northwest Natural Holding Co's Cost of Goods Sold for the three months ended in Dec. 2023 was $231 Mil. Hence, Northwest Natural Holding Co's Days Inventory for the three months ended in Dec. 2023 was 40.92.

The historical rank and industry rank for Northwest Natural Holding Co's Days Inventory or its related term are showing as below:

NWN' s Days Inventory Range Over the Past 10 Years
Min: 33.43 Med: 38.38 Max: 57.42
Current: 35.79

During the past 13 years, Northwest Natural Holding Co's highest Days Inventory was 57.42. The lowest was 33.43. And the median was 38.38.

NWN's Days Inventory is ranked worse than
66.67% of 465 companies
in the Utilities - Regulated industry
Industry Median: 22.67 vs NWN: 35.79

Northwest Natural Holding Co's Days Inventory increased from Dec. 2022 (34.29) to Dec. 2023 (40.92). It might indicate that Northwest Natural Holding Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Northwest Natural Holding Co's Inventory Turnover for the three months ended in Dec. 2023 was 2.23.

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. Northwest Natural Holding Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.29.

Northwest Natural Holding Co Days Inventory Historical Data

The historical data trend for Northwest Natural Holding 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.

* Premium members only.

Northwest Natural Holding Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

34.71

33.43

34.33

37.85

44.32

Northwest Natural Holding 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																34.29	19.76	27.84	63.63	40.92

Competitive Comparison

For the Utilities - Regulated Gas subindustry, Northwest Natural Holding 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.

Northwest Natural Holding Co Days Inventory Distribution

For the Utilities - Regulated industry and Utilities sector, Northwest Natural Holding Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Northwest Natural Holding Co's Days Inventory falls into.

Northwest Natural Holding Co Days Inventory Calculation

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

Northwest Natural Holding 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
=	( (87.096	+	112.571)	/	2 )	/	822.274	*	365
=	99.8335					/	822.274	*	365
=	44.32

Northwest Natural Holding 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
=	( (94.585	+	112.571)	/	2 )	/	231.002	*	365 / 4
=	103.578					/	231.002	*	365 / 4
=	40.92

Northwest Natural Holding Co (NYSE:NWN) 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.

Northwest Natural Holding Co's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	231.002	/	103.578
	=	2.23

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.

Northwest Natural Holding Co's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	103.578	/	355.714
	=	0.29

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.

Northwest Natural Holding Co Days Inventory Related Terms

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Northwest Natural Holding Co (Northwest Natural Holding Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Northwest Natural Holding Co (NYSE:NWN) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

NN3:Germany

Address

250 S.W. Taylor Street, Portland, OR, USA, 97204

Website

https://www.nwnaturalholdings.com

Northwest Natural Holding Co is a public natural gas service supplier operating in the U.S. Pacific Northwest. Its subsidiary, NW Natural, operates through the natural gas distribution segment, which purchases and distributes natural gas through approximately 7,95,000 meters in Oregon and southwest Washington. The company generates its revenue from residential, commercial, and industrial customers, the majority of which are in Oregon. Residential and commercial customers account for the vast majority of profitability.

Executives

Jane L Peverett	director	1489 MARINE DRIVE, SUITE 802, WEST VANCOUVER A1 V7T 1B8
David A. Weber	officer: Pres. & CEO of Issuer's Sub.	250 SW TAYLOR ST, PORTLAND OR 97204
Joseph S Karney	officer: VP, Eng & Utility Operations, other: NW Natural	250 SW TAYLOR ST, PORTLAND OR 97204
David Hugo Anderson	director, officer: President & CEO
Jon G Huddleston	officer: VP, Eng. & Utility Operations	250 SW TAYLOR ST, PORTLAND OR 97204
Zachary D Kravitz	officer: VP, Rates & Regulatory, other: NW Natural	250 SW TAYLOR ST, PORTLAND OR 97204
Sandra Mcdonough	director	250 SW TAYLOR ST, PORTLAND OR 97204
James R Downing	officer: VP and CIO	250 SW TAYLOR ST, PORTLAND OR 97204
Malia H Wasson	director	220 NW SECOND AVE, PORTLAND OR 97209
Kimberly A. Heiting	officer: SVP Comm. & Chf. Mktg. Officer	250 SW TAYLOR ST, PORTLAND OR 97204
Shawn M Filippi	officer: VP, CCO & Corp. Secretary	250 SW TAYLOR ST, PORTLAND OR 97204
C Scott Gibson	director	PMB 316, PO BOX 30,000, JACKSON WY 83002
Karen Lee	director	250 SW TAYLOR ST, PORTLAND OR 97204
Nathan I Partain	director	DNP SELECT INCOME FUND INC, 55 E. MONROE, STE. 3600, CHICAGO IL 60603
Justin Palfreyman	officer: VP Strategy & Bus Dev	250 SW TAYLOR ST, PORTLAND OR 97204