Consolidated Water Co (FRA:CW2) Inventory Turnover : 5.06 (As of Mar. 2024)

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What is Consolidated Water Co Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Consolidated Water Co's Cost of Goods Sold for the three months ended in Mar. 2024 was €23.7 Mil. Consolidated Water Co's Average Total Inventories for the quarter that ended in Mar. 2024 was €4.7 Mil. Consolidated Water Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 5.06.

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 three months ended in Mar. 2024 was 18.04.

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 quarter that ended in Mar. 2024 was 0.13.

Consolidated Water Co Inventory Turnover Historical Data

The historical data trend for Consolidated Water Co's Inventory Turnover 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 Inventory Turnover Chart

Consolidated Water Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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14.82

13.46

15.79

19.81

Consolidated Water Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															3.00	3.02	3.77	4.81	5.06

Consolidated Water Co Inventory Turnover Calculation

Consolidated Water Co's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	108.466	/ (	(5.407	+	5.543)	/	2 )
=	108.466	/	5.475
=	19.81

Consolidated Water Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	23.746	/ (	(5.543	+	3.847)	/	2 )
=	23.746	/	4.695
=	5.06

Consolidated Water Co (FRA:CW2) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

1. 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 three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	4.695	/	23.746	*	365 / 4
	=	18.04

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 quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	4.695	/	36.514
	=	0.13

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Consolidated Water Co Inventory Turnover Related Terms

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Consolidated Water Co (FRA:CW2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Consolidated Water Co Ltd (FRA:CW2) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

CWCO:USA 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.

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