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The York Water Co (The York Water Co) Days Inventory

: 61.83 (As of Dec. 2023)
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Days Inventory is also known as Days Sales of Inventory (DSI). The York Water Co's Average Total Inventories for the three months ended in Dec. 2023 was $3.17 Mil. The York Water Co's Cost of Goods Sold for the three months ended in Dec. 2023 was $4.67 Mil. Hence, The York Water Co's Days Inventory for the three months ended in Dec. 2023 was 61.83.

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

YORW' s Days Inventory Range Over the Past 10 Years
Min: 33.08   Med: 34.34   Max: 64.7
Current: 64.7

During the past 13 years, The York Water Co's highest Days Inventory was 64.70. The lowest was 33.08. And the median was 34.34.

YORW's Days Inventory is ranked worse than
82.15% of 465 companies
in the Utilities - Regulated industry
Industry Median: 22.67 vs YORW: 64.70

The York Water Co's Days Inventory increased from Dec. 2022 (53.13) to Dec. 2023 (61.83). It might indicate that The York Water Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. The York Water Co's Inventory Turnover for the three months ended in Dec. 2023 was 1.48.

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. The York Water Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.18.


The York Water Co Days Inventory Historical Data

The historical data trend for The York 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.

The York Water Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 33.08 34.14 45.19 54.91 57.22

The York Water Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Inventory 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 Premium Member Only Premium Member Only Premium Member Only 53.13 61.27 74.68 68.95 61.83

Competitive Comparison

For the Utilities - Regulated Water subindustry, The York 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.


The York Water Co Days Inventory Distribution

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

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



The York Water Co Days Inventory Calculation

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

The York 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
=( (2.335 + 3.109) / 2 ) / 17.362*365
=2.722 / 17.362*365
=57.22

The York Water Co'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: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (3.225 + 3.109) / 2 ) / 4.674*365 / 4
=3.167 / 4.674*365 / 4
=61.83

* 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.


The York Water Co  (NAS:YORW) 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.

The York Water Co'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.

The York Water Co'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.


The York Water Co Days Inventory Related Terms

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


The York Water Co (The York Water Co) Business Description

Traded in Other Exchanges
Address
130 East Market Street, York, PA, USA, 17401
The York Water Co is an investor-owned water utility company in the United States. The primary business of the company is to impound, purify to meet or exceed safe drinking water standards and distribute water. It also owns and operates three wastewater collection systems and two wastewater treatment systems. The company operates within its franchised territory, which covers more than 54 municipalities within York County, Pennsylvania.
Executives
Steven R Rasmussen director 130 EAST MARKET STREET, YORK PA 17401-1219
Alexandra C Chiaruttini officer: CAO & General Counsel 130 EAST MARKET STREET, YORK PA 17401
Vernon L Bracey officer: Vice President-Customer Svc 130 EAST MARKET STREET, YORK PA 17401-1219
Joseph Thomas Hand officer: Chief Operating Officer 130 EAST MARKET STREET, YORK PA 17401-1219
Mark S Snyder officer: Vice President-Engineering 130 EAST MARKET STREET, YORK PA 17401-1219
Natalee Colon officer: VP-Human Resources 130 EAST MARKET STREET, YORK PA 17401
Matthew E Poff officer: Chief Financial Officer 130 EAST MARKET STREET, YORK PA 17401-1219
Douglas S Brossman director 130 E MARKET STREET, YORK PA 17401
Matthew J Scarpato officer: VP- Operations 130 EAST MARKET STREET, YORK PA 17401
Laura T Wand director 130 EAST MARKET STREET, YORK PA 17401
Mark A Wheeler officer: Chief Administrative Officer 130 EAST MARKET STREET, YORK PA 17401
Kain George Hay Iii Esq director 130 EAST MARKET STREET, YORK PA 17401-1219
Paul R Bonney director 130 EAST MARKET STREET, YORK PA 17401
Cynthia Dotzel director 105 LEADER HEIGHTS ROAD, YORK PA 17403
Jody L Keller director 130 EAST MARKET STREET, YORK PA 17401-1219