AQMS (Aqua Metals) Days Inventory: 44.44 (As of Mar. 2026) — 49% Above Median


AQMS Aqua Metals Inc AQMS
25 GF Score
Price $2.87
! 3 Warning Signs
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What is Aqua Metals Days Inventory?

Aqua Metals AQMS -0.51% 25 Days Inventory is 44.44 as of Mar. 2026, which is 49% above its 10-year median of 29.86. GuruFocus rates AQMS with a GF Score™ of 25/100. The stock has 3 warning signs investors should review. Among 214 Waste Management companies, Aqua Metals ranks worse than 57.48% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Aqua Metals's Average Total Inventories for the three months ended in Mar. 2026 was $0.24 Mil. Aqua Metals's Cost of Goods Sold for the three months ended in Mar. 2026 was $0.50 Mil. Hence, Aqua Metals's Days Inventory for the three months ended in Mar. 2026 was 44.44.

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

AQMS' s Days Inventory Range Over the Past 10 Years
Min: 14.88   Med: 29.86   Max: 78.25
Current: 40.85

During the past 12 years, Aqua Metals's highest Days Inventory was 78.25. The lowest was 14.88. And the median was 29.86.

AQMS's Days Inventory is ranked worse than
57.48% of 214 companies
in the Waste Management industry
Industry Median: 28.535 vs AQMS: 40.85

Aqua Metals's Days Inventory increased from Mar. 2025 (31.26) to Mar. 2026 (44.44). It might indicate that Aqua Metals's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Aqua Metals's Inventory Turnover for the three months ended in Mar. 2026 was 2.05.

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.


Aqua Metals  (NAS:AQMS) 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.

Aqua Metals's Inventory Turnover for the three months ended in Mar. 2026 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.

Aqua Metals's Inventory to Revenue for the three months ended in Mar. 2026 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.


Aqua Metals Days Inventory Related Terms


Aqua Metals Days Inventory Historical Data

* Premium members only.

The historical data trend for Aqua Metals'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.

Aqua Metals Days Inventory Chart

Aqua Metals Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.57 18.49 35.06 29.86 37.53

Aqua Metals Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days Inventory Get a 7-Day Free Trial 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 31.26 28.81 38.73 67.27 44.44

AQMS vs AWX, OCLN, CDTG: Days Inventory Comparison

For the Waste Management subindustry, Aqua Metals'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.


Aqua Metals Days Inventory vs Waste Management Industry

For the Waste Management industry and Industrials sector, Aqua Metals's Days Inventory distribution charts can be found below:

* The bar in red indicates where Aqua Metals's Days Inventory falls into.


AQMS
25GF Score
Aqua Metals Inc AQMS
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Aqua Metals Days Inventory Calculation

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

Aqua Metals's Days Inventory for the fiscal year that ended in Dec. 2025 is calculated as

Days Inventory (A: Dec. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2024 ) + Total Inventories (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (0.251 + 0.244) / 2 ) / 2.407*365
=0.2475 / 2.407*365
=37.53

Aqua Metals's Days Inventory for the quarter that ended in Mar. 2026 is calculated as:

Days Inventory (Q: Mar. 2026 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (0.244 + 0.244) / 2 ) / 0.501*365 / 4
=0.244 / 0.501*365 / 4
=44.44

* 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.

Frequently Asked Questions Learn more about Days Inventory →
What does a Days Inventory of 44.44 mean?
Aqua Metals (AQMS) has a Days Inventory of 44.44 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Aqua Metals and its competitors. This is 49% above median its historical median of 29.86. Over the past decade, Aqua Metals' Days Inventory has ranged from 14.88 to 78.25. According to the industry distribution chart, Aqua Metals ranks #123 out of 214 companies in the Waste Management industry, placing it in the top 57.5%.
Is Aqua Metals' Days Inventory too high?
Aqua Metals' current Days Inventory of 44.44 is 49% above median its 10-year median of 29.86. Over the past 10 years, this metric has ranged from a low of 14.88 to a high of 78.25. The Waste Management industry median Days Inventory is 28.54. Aqua Metals' value of 44.44 is 55.7% above this industry median. Based on the distribution chart, Aqua Metals ranks #123 out of 214 companies in the Waste Management industry, which is below the industry midpoint. Overall, Aqua Metals has a GF Score™ of 25/100, reflecting its overall financial health beyond just this single metric.
How does Aqua Metals' Days Inventory compare to AWX and OCLN?
According to the Waste Management industry distribution chart, Aqua Metals ranks #123 out of 214 companies for Days Inventory. This places Aqua Metals in the lower half of its industry. The industry median Days Inventory is 28.54. Aqua Metals' value of 44.44 is 55.7% above this benchmark. Historically, Aqua Metals' own Days Inventory has ranged from 14.88 to 78.25 over the past decade. While the company's 10-year median is 29.86 vs. the industry median of 28.54, Aqua Metals has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for a Waste Management company?
The median Days Inventory among Waste Management companies is 28.54, based on 214 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Aqua Metals's current Days Inventory of 44.44 is 55.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Aqua Metals and its competitors. For the Waste Management industry, the median Days Inventory is 28.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aqua Metals's current Days Inventory is 44.44, which is 49% above median its own 10-year median of 29.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aqua Metals stock overvalued right now?
Aqua Metals (AQMS) has a current Days Inventory of 44.44. The current Days Inventory is 44.44, which is 49% above median its 10-year median of 29.86 and 55.7% above the Waste Management industry median of 28.54. Aqua Metals' overall GF Score™ is 25/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Aqua Metals (AQMS), the current Days Inventory is 44.44 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Aqua Metals Business Description

Other Exchanges 0HH6:UK
Address 5370 Kietzke Lane, Suite 201, Reno, NV, USA, 89511
Aqua Metals Inc is developing and seeking to commercialize proprietary recycling and refining technologies for the recovery of critical minerals and metals. Its patented and patent-pending AquaRefining process is an electro-hydrometallurgical method designed to recover high-purity materials from battery and other metal-bearing feedstocks using a closed-loop system powered by electricity. Its idea is to reduce CAPEX and OPEX costs, reduce emissions, hazardous waste, and reliance on conventional smelting and chemical-intensive refining processes. It has one operating segment: sustainable metals recycling. It focused on the development and commercialization of AquaRefining technology for the clean and efficient recovery of valuable metals from lead-acid and lithium-ion batteries.
25GF Score

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