ARTNB (Artesian Resources) Days Inventory: 22.29 (As of Mar. 2026) — 51% Above Median


ARTNB Artesian Resources Corp ARTNB
78 GF Score
Price $33.51
GF Value $38.00
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Artesian Resources Days Inventory?

Artesian Resources ARTNB 78 Days Inventory is 22.29 as of Mar. 2026, which is 51% above its 10-year median of 14.79. GuruFocus rates ARTNB with a GF Score™ of 78/100 and a GF Value™ of $38.00 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 450 Utilities - Regulated companies, Artesian Resources ranks worse than 56.22% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Artesian Resources's Average Total Inventories for the three months ended in Mar. 2026 was $3.5 Mil. Artesian Resources's Cost of Goods Sold for the three months ended in Mar. 2026 was $14.4 Mil. Hence, Artesian Resources's Days Inventory for the three months ended in Mar. 2026 was 22.29.

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

ARTNB' s Days Inventory Range Over the Past 10 Years
Min: 11.69   Med: 14.79   Max: 38.51
Current: 26.57

During the past 13 years, Artesian Resources's highest Days Inventory was 38.51. The lowest was 11.69. And the median was 14.79.

ARTNB's Days Inventory is ranked worse than
56.22% of 450 companies
in the Utilities - Regulated industry
Industry Median: 22.535 vs ARTNB: 26.57

Artesian Resources's Days Inventory declined from Mar. 2025 (33.27) to Mar. 2026 (22.29).

Inventory Turnover measures how fast the company turns over its inventory within a year. Artesian Resources's Inventory Turnover for the three months ended in Mar. 2026 was 4.09.

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. Artesian Resources's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.13.


Artesian Resources  (OTCPK:ARTNB) 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.

Artesian Resources'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.

Artesian Resources'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.


Artesian Resources Days Inventory Related Terms


Artesian Resources Days Inventory Historical Data

* Premium members only.

The historical data trend for Artesian Resources'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.

Artesian Resources Days Inventory Chart

Artesian Resources 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 13.95 23.92 38.51 34.34 25.54

Artesian Resources 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 33.27 34.00 26.65 22.88 22.29

ARTNB vs CDZI, PCYO, GWRS: Days Inventory Comparison

For the Utilities - Regulated Water subindustry, Artesian Resources'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.


Artesian Resources Days Inventory vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Artesian Resources's Days Inventory distribution charts can be found below:

* The bar in red indicates where Artesian Resources's Days Inventory falls into.


ARTNB
78GF Score
Artesian Resources Corp ARTNB
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Artesian Resources Days Inventory Calculation

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

Artesian Resources'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
=( (4.278 + 3.716) / 2 ) / 57.126*365
=3.997 / 57.126*365
=25.54

Artesian Resources'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
=( (3.716 + 3.303) / 2 ) / 14.368*365 / 4
=3.5095 / 14.368*365 / 4
=22.29

* 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 22.29 mean?
Artesian Resources (ARTNB) has a Days Inventory of 22.29 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Artesian Resources and its competitors. This is 51% above median its historical median of 14.79. Over the past decade, Artesian Resources' Days Inventory has ranged from 11.69 to 38.51. According to the industry distribution chart, Artesian Resources ranks #253 out of 450 companies in the Utilities - Regulated industry, placing it in the top 56.2%.
Is Artesian Resources' Days Inventory too high?
Artesian Resources' current Days Inventory of 22.29 is 51% above median its 10-year median of 14.79. Over the past 10 years, this metric has ranged from a low of 11.69 to a high of 38.51. The Utilities - Regulated industry median Days Inventory is 22.54. Artesian Resources' value of 22.29 is 1.1% below this industry median. Based on the distribution chart, Artesian Resources ranks #253 out of 450 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Artesian Resources has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Artesian Resources' Days Inventory compare to CDZI and PCYO?
According to the Utilities - Regulated industry distribution chart, Artesian Resources ranks #253 out of 450 companies for Days Inventory. This places Artesian Resources in the lower half of its industry. The industry median Days Inventory is 22.54. Artesian Resources' value of 22.29 is 1.1% below this benchmark. Historically, Artesian Resources' own Days Inventory has ranged from 11.69 to 38.51 over the past decade. While the company's 10-year median is 14.79 vs. the industry median of 22.54, Artesian Resources has consistently been below 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 an Utilities - Regulated company?
The median Days Inventory among Utilities - Regulated companies is 22.54, based on 450 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. Artesian Resources's current Days Inventory of 22.29 is 1.1% below 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 Artesian Resources and its competitors. For the Utilities - Regulated industry, the median Days Inventory is 22.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Artesian Resources's current Days Inventory is 22.29, which is 51% above median its own 10-year median of 14.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Artesian Resources stock overvalued right now?
Based on GuruFocus' analysis, Artesian Resources (ARTNB) is currently considered Modestly Undervalued. The stock's GF Value™ is $38.00, compared to a current price of $33.51 — trading 11.8% below its estimated fair value. The current Days Inventory is 22.29, which is 51% above median its 10-year median of 14.79 and 1.1% below the Utilities - Regulated industry median of 22.54. Artesian Resources' overall GF Score™ is 78/100 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 Artesian Resources (ARTNB), the current Days Inventory is 22.29 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.

Is Artesian Resources (ARTNB) Overvalued in 2026?

Based on GuruFocus' analysis, Artesian Resources stock appears to be undervalued. The current stock price of $33.51 is trading 11.8% below its estimated GF Value™ of $38.00. GuruFocus considers Artesian Resources to be Modestly Undervalued.

Key valuation signals for ARTNB:

  • Days Inventory: 22.29 (51% above median its 10-year median of 14.79)
  • GF Value™: $38.00 vs. price of $33.51 (11.8% below fair value)
  • GF Score™: 78/100 with 3 warning signs
  • Industry Position: 1.1% below the Utilities - Regulated median (#253 of 450)

No single metric tells the full story. See the ARTNB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Artesian Resources Business Description

Other Exchanges ARTNA:USA
Address 664 Churchmans Road, Newark, DE, USA, 19702
Artesian Resources Corp operates as a holding company based in the United States. Through its subsidiaries, it offers water, wastewater, and other services in Delaware, Maryland, and Pennsylvania. The Group distributes and sells water, including water for public and private fire protection, to residential, commercial, industrial, municipal, and utility customers. Additionally, it is involved in contract water and wastewater operations; offers wastewater services, and water, sewer, and internal Service Line Protection Plans. The Group operates its businesses mainly through one reportable segment, the Regulated Utility segment.
78GF Score

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Days Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$33.51
Price
$38.00
GF Value