Days Inventory is also known as Days Sales of Inventory (DSI). Casella Waste Systems's Average Total Inventories for the
three
months ended in Dec. 2023 was $18 Mil. Casella Waste Systems's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $239 Mil.
Hence, Casella Waste Systems's Days Inventory for the
three
months ended in Dec. 2023 was 6.75.
The historical rank and industry rank for Casella Waste Systems's Days Inventory or its related term are showing as below:
CWST'
s Days Inventory Range Over the Past 10 Years
Min: 3.81 Med: 5.21 Max: 7
Current: 7
During the past 13 years, Casella Waste Systems's highest Days Inventory was 7.00. The lowest was 3.81. And the median was 5.21.
CWST's Days Inventory is ranked better than 77.03% of 209
companies
in the Waste Management industry
Industry Median: 23.54
vs CWST: 7.00
Casella Waste Systems's Days Inventory
increased
from Dec. 2022 (6.66) to Dec. 2023 (6.75).
It might indicate that Casella Waste Systems's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Casella Waste Systems's Inventory Turnover for the
three
months ended in Dec. 2023 was 13.52.
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.
Casella Waste Systems's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.05.
Casella Waste Systems Days Inventory Historical Data
The historical data trend for Casella Waste Systems'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.
Competitive Comparison of Casella Waste Systems's Days Inventory
For the Waste Management subindustry, Casella Waste Systems'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.
Casella Waste Systems's Days Inventory Distribution in the Waste Management Industry
For the Waste Management industry and Industrials sector, Casella Waste Systems's Days Inventory distribution charts can be found below:
* The bar in red indicates where Casella Waste Systems's Days Inventory falls into.
Casella Waste Systems Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Casella Waste Systems's Days Inventory for the fiscal year that 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.
Casella Waste Systems (NAS:CWST) 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.
Casella Waste Systems's Inventory Turnover for the
three
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.
Casella Waste Systems's Inventory to Revenue for the
three
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.
Casella Waste Systems Days Inventory Related Terms
Thank you for viewing the detailed overview of Casella Waste Systems's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Casella Waste Systems (Casella Waste Systems) Business Description
Casella Waste Systems Inc is a solid waste removal company, providing resource management services to residential, commercial, municipal, and industrial customers in the Northeastern United States. The company's reportable segments on Geographical basis include Eastern and Western regions as well as the Resource solution segment. It generates maximum revenue from the Western region segment. The company services include Recycling, Collection, Organics, Energy, Landfills, Special Waste as well as Professional Services.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
CWST has been successfully added to your 