Southwest Gas Holdings (Southwest Gas Holdings) Days Inventory : 0.00 (As of Dec. 2023)

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What is Southwest Gas Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Southwest Gas Holdings's Average Total Inventories for the three months ended in Dec. 2023 was $0 Mil. Southwest Gas Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was $1,096 Mil. Hence, Southwest Gas Holdings's Days Inventory for the three months ended in Dec. 2023 was 0.00.

The historical rank and industry rank for Southwest Gas Holdings's Days Inventory or its related term are showing as below:

SWX's Days Inventory is not ranked ^*
in the Utilities - Regulated industry.
Industry Median: 22.67
* Ranked among companies with meaningful Days Inventory only.

Southwest Gas Holdings's Days Inventory stayed the same from Dec. 2022 (0.00) to Dec. 2023 (0.00).

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

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. Southwest Gas Holdings's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.00.

Southwest Gas Holdings Days Inventory Historical Data

The historical data trend for Southwest Gas Holdings'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.

Southwest Gas Holdings Days Inventory Chart

Southwest Gas Holdings Annual Data

Trend

Dec14

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Dec21

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Dec23

Days Inventory

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Southwest Gas Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Southwest Gas Holdings's Days Inventory

For the Utilities - Regulated Gas subindustry, Southwest Gas Holdings'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.

Southwest Gas Holdings's Days Inventory Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Southwest Gas Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where Southwest Gas Holdings's Days Inventory falls into.

Southwest Gas Holdings Days Inventory Calculation

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

Southwest Gas Holdings'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
=	( (0	+	0)	/	1 )	/	4414.753	*	365
=	0					/	4414.753	*	365
=	0.00

Southwest Gas Holdings'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
=	( (0	+	0)	/	1 )	/	1096.469	*	365 / 4
=	0					/	1096.469	*	365 / 4
=	0.00

Southwest Gas Holdings (NYSE:SWX) 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.

Southwest Gas Holdings's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1096.469	/	0
	=

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.

Southwest Gas Holdings's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	1367.531
	=	0.00

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.

Southwest Gas Holdings Days Inventory Related Terms

Thank you for viewing the detailed overview of Southwest Gas Holdings's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Southwest Gas Holdings (Southwest Gas Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Southwest Gas Holdings Inc (NYSE:SWX) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

SZR:Germany

Address

8360 South Durango Drive, Post Office Box 98510, Las Vegas, NV, USA, 89193-8510

Website

https://www.swgasholdings.com

Southwest Gas Holdings Inc is a utility company primarily engaged in the purchasing, distributing, and transporting of natural gas in the American Southwest. The company segments its activities into natural gas operations and Utility Infrastructure Services units. The first of these encompasses the company's core natural gas business as one of the largest distributors in the states of Arizona and Nevada. The natural gas operations division is responsible for roughly half of Southwest Gas' total revenue through the sale of natural gas to mainly residential and small commercial customers. The Utility Infrastructure Services segment generates the other half of the company's total revenue from the underground piping contractor services that its subsidiary, Centuri Construction Group, provides.

Executives

Paul M Daily	officer: Executive Officer	C/O SOUTHWEST GAS HOLDINGS, INC., 5241 SPRING MOUNTAIN ROAD, LAS VEGAS NV 89150
Carl C Icahn	10 percent owner	C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH-1, SUNNY ISLES BEACH FL 33160
Robert J Stefani	officer: SVP/Chief Financial Officer	8360 S. DURANGO DRIVE, LAS VEGAS NV 89113
Icahn Partners Lp	10 percent owner	16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Icahn Partners Master Fund Lp	10 percent owner	16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Randall P. Gabe	officer: SVP/Chief Administrative OFC	8360 S. DURANGO DRIVE, LAS VEGAS NV 89113
Amy L. Timperley	officer: SVP/Chief Reg. & Fin. Planning	8360 S. DURANGO DRIVE, LAS VEGAS NV 89113
Ruby Sharma	director	24 ARNOLD DRIVE, PRINCETON JCT. NJ 08550
Jose A Cardenas	director	8360 S. DURANGO DR., LAS VEGAS NV 89113
Boyd S. Nelson	officer: VP/Strategy & Inv Relations	8360 S. DURANGO DR., LAS VEGAS NV 89113
Thomas E. Moran	officer: VP/General Counsel/Corp. Sec	SOUTHWEST GAS HOLDINGS, INC., 8360 SOUTH DURANGO DRIVE, LAS VEGAS NV 89113
Julie M. Williams	officer: SVP/Chief Operations Officer	8360 S. DURANGO DR., LAS VEGAS NV 89113
Lori L Colvin	officer: VP/Controller/CAO	8360 S. DURANGO DR., LAS VEGAS NV 89113
Eric Debonis	officer: SVP/Operations	8360 S. DURANGO DR., LAS VEGAS NV 89113
Andrew Teno	director	C/O FIR TREE INC., 55 WEST 46TH STREET, 29TH FLOOR, NEW YORK NY 10036