Days Inventory is also known as Days Sales of Inventory (DSI). Waste Management's Average Total Inventories for the
three
months ended in Jun. 2022 was $154 Mil. Waste Management's Cost of Goods Sold for the
three
months ended in Jun. 2022 was $3,142 Mil.
Hence, Waste Management's Days Inventory for the
three
months ended in Jun. 2022 was 4.47.
The historical rank and industry rank for Waste Management's Days Inventory or its related term are showing as below:
WM'
s Days Inventory Range Over the Past 10 Years
Min: 3.76 Med: 4.32 Max: 7.05
Current: 4.3
During the past 13 years, Waste Management's highest Days Inventory was 7.05. The lowest was 3.76. And the median was 4.32.
WM's Days Inventory is ranked better than 85.48% of 186
companies
in the Waste Management industry
Industry Median: 22.09
vs WM: 4.30
Waste Management's Days Inventory
increased
from Jun. 2021 (4.17) to Jun. 2022 (4.47).
It might indicate that Waste Management's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Waste Management's Inventory Turnover for the
three
months ended in Jun. 2022 was 20.40.
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.
Waste Management's Inventory-to-Revenue for the
three
months ended in Jun. 2022 was 0.03.
Waste Management Days Inventory Historical Data
The historical data trend for Waste Management'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.
Waste Management Annual Data
Trend
Dec12
Dec13
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Days Inventory
3.76
3.91
4.00
4.49
4.25
Waste Management Quarterly Data
Sep17
Dec17
Mar18
Jun18
Sep18
Dec18
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Days Inventory
4.17
4.05
4.12
4.46
4.47
Competitive Comparison
For the Waste Management subindustry, Waste Management'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.
Waste Management Days Inventory Distribution
For the Waste Management industry and Industrials sector, Waste Management's Days Inventory distribution charts can be found below:
* The bar in red indicates where Waste Management's Days Inventory falls into.
Waste Management Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Waste Management's Days Inventory for the fiscal year that ended in Dec. 2021 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.
Waste Management (NYSE:WM) 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.
Waste Management's Inventory Turnover for the
three
months ended in Jun. 2022 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.
Waste Management's Inventory to Revenue for the
three
months ended in Jun. 2022 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.
Waste Management Days Inventory Related Terms
Thank you for viewing the detailed overview of Waste Management's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Waste Management ranks as the largest integrated provider of traditional solid waste services in the United States, operating approximately 268 active landfills and about 350 transfer stations (includes acquired Advanced Disposal landfills and transfer stations). The company serves residential, commercial, and industrial end markets and is also a leading recycler in North America.
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