The Alkaline Water Co (The Alkaline Water Co) Inventory Turnover : 2.00 (As of Jun. 2023)

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What is The Alkaline Water Co Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. The Alkaline Water Co's Cost of Goods Sold for the three months ended in Jun. 2023 was $11.16 Mil. The Alkaline Water Co's Average Total Inventories for the quarter that ended in Jun. 2023 was $5.57 Mil. The Alkaline Water Co's Inventory Turnover for the quarter that ended in Jun. 2023 was 2.00.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. The Alkaline Water Co's Days Inventory for the three months ended in Jun. 2023 was 45.51.

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 Alkaline Water Co's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 0.37.

The Alkaline Water Co Inventory Turnover Historical Data

The historical data trend for The Alkaline Water Co's Inventory Turnover 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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The Alkaline Water Co Inventory Turnover Chart

The Alkaline Water Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Inventory Turnover

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12.58

10.17

8.08

6.99

7.36

The Alkaline Water Co Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Inventory Turnover	Get a 7-Day Free Trial															1.39	1.45	1.28	1.65	2.00

The Alkaline Water Co Inventory Turnover Calculation

The Alkaline Water Co's Inventory Turnover for the fiscal year that ended in Mar. 2023 is calculated as

	Inventory Turnover (A: Mar. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2023 )	/ (	(Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )
=	52.131	/ (	(8.584	+	5.591)	/	2 )
=	52.131	/	7.0875
=	7.36

The Alkaline Water Co's Inventory Turnover for the quarter that ended in Jun. 2023 is calculated as

	Inventory Turnover (Q: Jun. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2023 )	/ (	(Total Inventories (Q: Mar. 2023 )	+	Total Inventories (Q: Jun. 2023 ))	/	count )
=	11.162	/ (	(5.591	+	5.544)	/	2 )
=	11.162	/	5.5675
=	2.00

The Alkaline Water Co (OTCPK:WTER) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

The Alkaline Water Co's Days Inventory for the three months ended in Jun. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2023 )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
	=	5.5675	/	11.162	*	365 / 4
	=	45.51

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 Alkaline Water Co's Inventory to Revenue for the quarter that ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2023 )	/	Revenue (Q: Jun. 2023 )
	=	5.5675	/	14.934
	=	0.37

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

The Alkaline Water Co Inventory Turnover Related Terms

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The Alkaline Water Co (The Alkaline Water Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » The Alkaline Water Co Inc (OTCPK:WTER) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

8541 E. Anderson Drive, Suite 100, Scottsdale, AZ, USA, 85255

Website

https://www.thealkalinewaterco.com

Alkaline Water Co Inc is engaged in the business of distributing and marketing bottled alkaline water for retail consumers of different sizes. The firm sells its product in 500ml, 700ml, 1-liter, 1.5-liter 3-liter, and 1-gallon sizes. Its only operating geographical segment being the United States of America. The company sells its product to convenience stores, natural food products stores, large ethnic markets, and national retailers.

Executives

David Guarino	director, officer: CFO, Secretary and Treasurer	19039 N. 90TH LANE, PEORIA AZ 85382
Brian Sudano	director	11 WOODWAY LANE, WILTON CT 06897
David Eric Rauch	director	16767 N PERIMETER DRIVE, SUITE 320, SCOTTSDALE AZ 85260
Frank Thomas Chessman	officer: CEO and President	347 SOUTH SILVERBROOK DRIVE, ANAHEIM CA 92807
Frank Lazaran	director	6809 LAHONTAN DRIVE, FORTH WORTH TX 76132
Ronald V Davella	director	2600 E SOUTHLAKE BLVD., STE 120-359, SOUTHLAKE TX 76092
Aaron Keay	other: Former Director	7325 BLENHEIM STREET, VANCOUVER A1 V6N 1S2
Richard A Wright	director, officer: President, VP, CEO and COO	1826 E. LAKECREST DRIVE, SCOTTSDALE AZ 85234
Bruce Thomas Leitch	director	109 1141 W7TH AVE, VANCOUVER BC A1 999999999
Lifewater Industries, Llc	10 percent owner	14301 NORTH 87 STREET, SUITE 301, SCOTTSDALE AZ 85260
Win Investments, Llc	10 percent owner	14301 NORTH 87 STREET SUITE 301, SCOTTSDALE AZ 85260
Steven Paul Nickolas	director, 10 percent owner, officer: President CEO Chairman	14301 N. 87TH ST. STE 301, SCOTTSDALE AZ 85260