GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Manila Water Co Inc (OTCPK:MWTCY) » Definitions » Days Inventory

Manila Water Co (Manila Water Co) Days Inventory : 12.80 (As of Mar. 2024)


View and export this data going back to 2012. Start your Free Trial

What is Manila Water Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Manila Water Co's Average Total Inventories for the three months ended in Mar. 2024 was $6.6 Mil. Manila Water Co's Cost of Goods Sold for the three months ended in Mar. 2024 was $47.3 Mil. Hence, Manila Water Co's Days Inventory for the three months ended in Mar. 2024 was 12.80.

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

MWTCY' s Days Inventory Range Over the Past 10 Years
Min: 8.73   Med: 11.39   Max: 17.2
Current: 14.73

During the past 13 years, Manila Water Co's highest Days Inventory was 17.20. The lowest was 8.73. And the median was 11.39.

MWTCY's Days Inventory is ranked better than
62.99% of 462 companies
in the Utilities - Regulated industry
Industry Median: 23.41 vs MWTCY: 14.73

Manila Water Co's Days Inventory declined from Mar. 2023 (16.10) to Mar. 2024 (12.80).

Inventory Turnover measures how fast the company turns over its inventory within a year. Manila Water Co's Inventory Turnover for the three months ended in Mar. 2024 was 7.13.

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. Manila Water Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.04.


Manila Water Co Days Inventory Historical Data

The historical data trend for Manila 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.

* Premium members only.

Manila Water Co Days Inventory Chart

Manila Water Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.82 15.29 15.83 17.20 14.54

Manila Water Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16.10 17.61 15.69 13.25 12.80

Competitive Comparison of Manila Water Co's Days Inventory

For the Utilities - Regulated Water subindustry, Manila 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.


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

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

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



Manila Water Co Days Inventory Calculation

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

Manila 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
=( (7.743 + 6.539) / 2 ) / 179.224*365
=7.141 / 179.224*365
=14.54

Manila Water Co's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (6.539 + 6.731) / 2 ) / 47.299*365 / 4
=6.635 / 47.299*365 / 4
=12.80

* 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.


Manila Water Co  (OTCPK:MWTCY) 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.

Manila Water Co's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

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.

Manila Water Co's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

* 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.


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.


Manila Water Co Days Inventory Related Terms

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


Manila Water Co (Manila Water Co) Business Description

Traded in Other Exchanges
Address
489 Katipunan Road, 2nd Floor, MWSS Administration Building, Balara, Quezon, PHL, 1105
Manila Water Co Inc is a water and wastewater management company. Its operations can be divided among Metro Manila East Zone and Manila Water Philippine Ventures, which operate across municipalities in the Philippines, and Manila Water Asia Pacific, which operates in Vietnam, Myanmar, and Indonesia. The segments of the company consist of Manila Concession and Head Office, Domestic Subsidiaries, and Foreign Subsidiaries. The Manila Concession and Head Office generate maximum revenue for the company.

Manila Water Co (Manila Water Co) Headlines

From GuruFocus

A Monopoly Fallen on Hard Times - Taking a Chance with Manila Water

By Gene Chan, CFA Gene Chan, CFA 12-16-2019