Connecticut Water Service (Connecticut Water Service) Inventory-to-Revenue : 0.05 (As of Jun. 2019)

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What is Connecticut Water Service Inventory-to-Revenue?

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. Connecticut Water Service's Average Total Inventories for the quarter that ended in Jun. 2019 was $1.7 Mil. Connecticut Water Service's Revenue for the three months ended in Jun. 2019 was $30.7 Mil. Connecticut Water Service's Inventory-to-Revenue for the quarter that ended in Jun. 2019 was 0.05.

Connecticut Water Service's Inventory-to-Revenue for the quarter that ended in Jun. 2019 declined from Mar. 2019 (0.06) to Mar. 2019 (0.05)

A decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Connecticut Water Service's Days Inventory for the three months ended in Jun. 2019 was 11.87.

Inventory Turnover measures how fast the company turns over its inventory within a year. Connecticut Water Service's Inventory Turnover for the quarter that ended in Jun. 2019 was 7.68.

Connecticut Water Service Inventory-to-Revenue Historical Data

The historical data trend for Connecticut Water Service's Inventory-to-Revenue 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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Connecticut Water Service Inventory-to-Revenue Chart

Connecticut Water Service Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Inventory-to-Revenue

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0.02

0.01

Connecticut Water Service Quarterly Data
	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19
Inventory-to-Revenue	Get a 7-Day Free Trial															0.06	0.05	0.07	0.06	0.05

Competitive Comparison of Connecticut Water Service's Inventory-to-Revenue

For the Utilities - Regulated Water subindustry, Connecticut Water Service's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue 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.

Connecticut Water Service's Inventory-to-Revenue Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Connecticut Water Service's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Connecticut Water Service's Inventory-to-Revenue falls into.

Connecticut Water Service Inventory-to-Revenue Calculation

Connecticut Water Service's Inventory-to-Revenue for the fiscal year that ended in Dec. 2018 is calculated as

	Inventory-to-Revenue (A: Dec. 2018 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (A: Dec. 2017 )	+	Total Inventories (A: Dec. 2018 ))	/	count )	/	Revenue (A: Dec. 2018 )
=	( (1.593	+	1.679)	/	2 )	/	116.665
=	1.636					/	116.665
=	0.01

Connecticut Water Service's Inventory-to-Revenue for the quarter that ended in Jun. 2019 is calculated as

	Inventory-to-Revenue (Q: Jun. 2019 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (Q: Mar. 2019 )	+	Total Inventories (Q: Jun. 2019 ))	/	count )	/	Revenue (Q: Jun. 2019 )
=	( (1.675	+	1.657)	/	2 )	/	30.664
=	1.666					/	30.664
=	0.05

Connecticut Water Service (NAS:CTWS) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

More Related Terms:

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

Connecticut Water Service's Days Inventory for the three months ended in Jun. 2019 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2019 )	/	Cost of Goods Sold (Q: Jun. 2019 )	*	Days in Period
	=	1.666	/	12.803	*	365 / 4
	=	11.87

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

Connecticut Water Service's Inventory Turnover for the quarter that ended in Jun. 2019 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Jun. 2019 )	/	Average Total Inventories (Q: Jun. 2019 )
	=	12.803	/	1.666
	=	7.68

Connecticut Water Service Inventory-to-Revenue Related Terms

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Connecticut Water Service (Connecticut Water Service) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Connecticut Water Service Inc (NAS:CTWS) » Definitions » Inventory-to-Revenue

Traded in Other Exchanges

N/A

Address

93 West Main Street, Clinton, CT, USA, 06413

Website

http://www.ctwater.com

Connecticut Water Service Inc is a water utility that operates in the northeastern region of the United States, specifically Connecticut and Maine. The company has various subsidiaries and divisions, including water operations, which supplies public drinking water; real estate transactions, which sells real estate holdings; and service rentals, which sells contracted water and wastewater services. The major customers of the firm are residential, commercial, fire protection, public authority, and industrial entities. The majority of the company's revenue is derived from its water operations segment and residential customers.

Executives

Ellen C Wolf	director	C/O AMERICAN WATER WORKS CO INC, 1025 LAUREL OAK RD P O BOX 1770, VOORHEES NJ 08043
Maureen P Westbrook	officer: VP, Customer & Reg Affairs	93 WEST MAIN ST, CLINTON CT 06413
A Kristen Johnson	officer: V.P. Human Resources	C/O CONNECTICUT WATER SERVICE, INC., 93 WEST MAIN STREET, CLINTON CT 06413
Mary Ann Hanley	director	93 WEST MAIN STREET, CLINTON CT 06413
Carol P Wallace	director	93 WEST MAIN STREET, CLINTON CT 06413
Hunt Heather	director	93 WEST MAIN STREET, CLINTON CT 06413
David C Benoit	officer: President & CEO	93 WEST MAIN ST, CLINTON CT 06413
Eric W Thornburg	director, officer: President/CEO/Chairman	13165 TEN OAK COURT, SARATOGA CA 95070
Judith Kelly	officer: Div. Pres. Maine Water	C/O NORTHEAST BANK, 500 CANAL STREET, LEWISTON ME 04240