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Rubicon Water (ASX:RWL) Days Inventory : 206.21 (As of Dec. 2023)


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What is Rubicon Water Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Rubicon Water's Average Total Inventories for the six months ended in Dec. 2023 was A$21.46 Mil. Rubicon Water's Cost of Goods Sold for the six months ended in Dec. 2023 was A$18.99 Mil. Hence, Rubicon Water's Days Inventory for the six months ended in Dec. 2023 was 206.21.

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

ASX:RWL' s Days Inventory Range Over the Past 10 Years
Min: 226.87   Med: 240.85   Max: 243.03
Current: 226.87

During the past 2 years, Rubicon Water's highest Days Inventory was 243.03. The lowest was 226.87. And the median was 240.85.

ASX:RWL's Days Inventory is ranked worse than
96.56% of 465 companies
in the Utilities - Regulated industry
Industry Median: 22.67 vs ASX:RWL: 226.87

Rubicon Water's Days Inventory declined from Dec. 2022 (275.53) to Dec. 2023 (206.21).

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Rubicon Water's Inventory Turnover for the six months ended in Dec. 2023 was 0.89.

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. Rubicon Water's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.64.


Rubicon Water Days Inventory Historical Data

The historical data trend for Rubicon Water'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.

Rubicon Water Days Inventory Chart

Rubicon Water Annual Data
Trend Jun22 Jun23
Days Inventory
238.66 243.03

Rubicon Water Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23
Days Inventory Get a 7-Day Free Trial 165.10 210.89 275.53 247.95 206.21

Competitive Comparison of Rubicon Water's Days Inventory

For the Utilities - Regulated Water subindustry, Rubicon Water'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.


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

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

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



Rubicon Water Days Inventory Calculation

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

Rubicon Water's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

Days Inventory (A: Jun. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2022 ) + Total Inventories (A: Jun. 2023 )) / count ) / Cost of Goods Sold (A: Jun. 2023 )*Days in Period
=( (25 + 23.748) / 2 ) / 36.606*365
=24.374 / 36.606*365
=243.03

Rubicon Water'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: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (23.748 + 19.174) / 2 ) / 18.993*365 / 2
=21.461 / 18.993*365 / 2
=206.21

* 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.


Rubicon Water  (ASX:RWL) 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.

Rubicon Water's Inventory Turnover for the six months ended in Dec. 2023 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.

Rubicon Water's Inventory to Revenue for the six months ended in Dec. 2023 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.


Rubicon Water Days Inventory Related Terms

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


Rubicon Water (ASX:RWL) Business Description

Traded in Other Exchanges
N/A
Address
1 Cato Street, Hawthorn East, Melbourne, VIC, AUS, 3123
Rubicon Water Ltd is engaged in the water technology solutions business that designs, manufactures, installs, and maintains irrigation automation software and hardware. It generates revenue through sales of hardware, software, and services, as well as from ongoing maintenance of the installed end-to-end solution base.

Rubicon Water (ASX:RWL) Headlines

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