Consolidated Water Co (Consolidated Water Co) Days Inventory : 18.75 (As of Dec. 2023)

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What is Consolidated Water Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Consolidated Water Co's Average Total Inventories for the three months ended in Dec. 2023 was $7.0 Mil. Consolidated Water Co's Cost of Goods Sold for the three months ended in Dec. 2023 was $34.0 Mil. Hence, Consolidated Water Co's Days Inventory for the three months ended in Dec. 2023 was 18.75.

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

CWCO' s Days Inventory Range Over the Past 10 Years
Min: 13.53 Med: 21.5 Max: 25.87
Current: 23.83

During the past 13 years, Consolidated Water Co's highest Days Inventory was 25.87. The lowest was 13.53. And the median was 21.50.

CWCO's Days Inventory is ranked worse than
52.05% of 463 companies
in the Utilities - Regulated industry
Industry Median: 22.67 vs CWCO: 23.83

Consolidated Water Co's Days Inventory declined from Dec. 2022 (22.84) to Dec. 2023 (18.75).

Inventory Turnover measures how fast the company turns over its inventory within a year. Consolidated Water Co's Inventory Turnover for the three months ended in Dec. 2023 was 4.87.

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. Consolidated Water Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.13.

Consolidated Water Co Days Inventory Historical Data

The historical data trend for Consolidated 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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Consolidated Water Co Days Inventory Chart

Consolidated Water Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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24.87

25.87

24.07

23.57

18.16

Consolidated 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	Get a 7-Day Free Trial															22.84	30.30	30.02	24.38	18.75

Competitive Comparison of Consolidated Water Co's Days Inventory

For the Utilities - Regulated Water subindustry, Consolidated 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.

Consolidated Water Co's Days Inventory Distribution in the Utilities - Regulated Industry

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

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

Consolidated Water Co Days Inventory Calculation

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

Consolidated 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
=	( (5.728	+	6.045)	/	2 )	/	118.284	*	365
=	5.8865					/	118.284	*	365
=	18.16

Consolidated 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
=	( (7.915	+	6.045)	/	2 )	/	33.961	*	365 / 4
=	6.98					/	33.961	*	365 / 4
=	18.75

Consolidated Water Co (NAS:CWCO) 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.

Consolidated 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
	=	33.961	/	6.98
	=	4.87

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	6.98	/	53.251
	=	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.

Consolidated Water Co Days Inventory Related Terms

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

Consolidated Water Co (Consolidated Water Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Consolidated Water Co Ltd (NAS:CWCO) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

CW2:Germany CW2:Germany

Address

West Bay Road, 4th Floor, Windward Three, P.O. Box 1114, Regatta Office Park, Grand Cayman, CYM, KY1-1102

Website

https://www.cwco.com

Consolidated Water Co Ltd is a water utility company. It develops and operates seawater desalination plants and water distribution systems. The company's business segments are; The retail segment operates the water utility for the Seven Mile Beach and West Bay areas of Grand Cayman Island, The bulk segment supplies potable water to government utilities in Grand Cayman and The Bahamas under long-term contracts, The services segment designs, constructs and sells water infrastructure and provides management and operating services to third parties, and The manufacturing segment manufactures and services a wide range of custom and specialized water-related products applicable to commercial, municipal and industrial water production, supply and treatment.

Executives

Raymond Whittaker	director	REGATTA OFFICE PARK, WINDWARD THREE, 4TH FLOOR, WEST BAY ROAD, P.O. BOX 1114, GRAND CAYMAN E9 E9 KY11102
Clarence B. Flowers	director	REGATTA OFFICE PARK, WINDWARD THREE, 4TH FLOOR, WEST BAY ROAD, P.O. BOX 1114, GRAND CAYMAN E9 E9 KY11102
Wilmer F. Pergande	director	REGATTA OFFICE PARK, WINDWARD THREE, 4TH FLOOR, WEST BAY ROAD, P.O. BOX 1114, GRAND CAYMAN E9 E9 KY11102
Richard Finlay	director	REGATTA OFFICE PARK, WINDWARD THREE, 4TH FLOOR, WEST BAY ROAD, P.O. BOX 1114, GRAND CAYMAN E9 E9 KY11102
Todd Redding	officer: VP OF PURCHASING & LOGISTICS	REGATTA OFFICE PARK, WINDWARD THREE, 4TH FLOOR, WEST BAY ROAD, P.O. BOX 1114, GRAND CAYMAN E9 E9 KY11102
Robert B. Morrison	officer: VP of Procurement & Logistics	PO BOX 31017, GRAND CAYMAN E9 KY1-1205
Douglas R. Vizzini	officer: VP of Finance	REGATTA OFFICE PARK, WINDWARD THREE, 4TH FLOOR, WEST BAY ROAD, P.O. BOX 1114, GRAND CAYMAN E9 E9 KY11102
Armando Averhoff	officer: VP of Information Technology	REGATTA OFFICE PARK, WINDWARD THREE, 4TH FLOOR, WEST BAY ROAD, P.O. BOX 1114, GRAND CAYMAN E9 E9 KY11102
Brent Brodie	officer: VP of Sales and Marketing	REGATTA OFFICE PARK, WINDWARD THREE, 4TH FLOOR, WEST BAY ROAD, P.O. BOX 1114, GRAND CAYMAN E9 E9 KY11102
Ramjeet Jerrybandan	officer: EXECUTIVE VP OF OPERATIONS	REGATTA OFFICE PARK, WINDWARD THREE, 4TH FLOOR, WEST BAY ROAD, P.O. BOX 1114, GRAND CAYMAN E9 E9 KY11102
Frederick W. Mctaggart	director, officer: President and CEO	REGATTA OFFICE PARK, WINDWARD THREE, 4TH FLOOR, WEST BAY ROAD, P.O. BOX 1114, GRAND CAYMAN E9 E9 KY11102
John Tonner	officer: Chief Commercial Officer	7256 NW 108TH WAY, PARKLAND FL 33706
David Sasnett	officer: EVP & CFO	REGATTA OFFICE PARK, WINDWARD THREE, 4TH FLOOR, WEST BAY ROAD, P.O. BOX 1114, GRAND CAYMAN E9 E9 KY11102
Leonard J Sokolow	director	REGATTA OFFICE PARK, WINDWARD THREE, 4TH FLOOR, WEST BAY ROAD, P.O. BOX 1114, GRAND CAYMAN E9 E9 KY11102
Carson K. Ebanks	director	REGATTA OFFICE PARK, WINDWARD THREE, 4TH FLOOR, WEST BAY ROAD, P.O. BOX 1114, GRAND CAYMAN E9 E9 KY11102