Evoqua Water Technologies (FRA:E0W) Days Inventory : 69.35 (As of Mar. 2023)

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What is Evoqua Water Technologies Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Evoqua Water Technologies's Average Total Inventories for the three months ended in Mar. 2023 was €231 Mil. Evoqua Water Technologies's Cost of Goods Sold for the three months ended in Mar. 2023 was €304 Mil. Hence, Evoqua Water Technologies's Days Inventory for the three months ended in Mar. 2023 was 69.35.

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

FRA:E0W' s Days Inventory Range Over the Past 10 Years
Min: 41.2 Med: 48.16 Max: 66.42
Current: 66.42

During the past 8 years, Evoqua Water Technologies's highest Days Inventory was 66.42. The lowest was 41.20. And the median was 48.16.

FRA:E0W's Days Inventory is not ranked
in the Industrial Products industry.
Industry Median: 120.56 vs FRA:E0W: 66.42

Evoqua Water Technologies's Days Inventory increased from Mar. 2022 (58.43) to Mar. 2023 (69.35). It might indicate that Evoqua Water Technologies's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Evoqua Water Technologies's Inventory Turnover for the three months ended in Mar. 2023 was 1.32.

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. Evoqua Water Technologies's Inventory-to-Revenue for the three months ended in Mar. 2023 was 0.52.

Evoqua Water Technologies Days Inventory Historical Data

The historical data trend for Evoqua Water Technologies'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.

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Evoqua Water Technologies Days Inventory Chart

Evoqua Water Technologies Annual Data

Trend

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Days Inventory

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47.84

46.67

52.74

53.46

54.47

Evoqua Water Technologies Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Days Inventory	Get a 7-Day Free Trial															58.43	65.51	58.58	74.34	69.35

Competitive Comparison of Evoqua Water Technologies's Days Inventory

For the Pollution & Treatment Controls subindustry, Evoqua Water Technologies'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.

Evoqua Water Technologies's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Evoqua Water Technologies's Days Inventory distribution charts can be found below:

* The bar in red indicates where Evoqua Water Technologies's Days Inventory falls into.

Evoqua Water Technologies Days Inventory Calculation

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

Evoqua Water Technologies's Days Inventory for the fiscal year that ended in Sep. 2022 is calculated as

	Days Inventory (A: Sep. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Sep. 2021 )	+	Total Inventories (A: Sep. 2022 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2022 )	*	Days in Period
=	( (132.792	+	229.312)	/	2 )	/	1213.108	*	365
=	181.052					/	1213.108	*	365
=	54.47

Evoqua Water Technologies's Days Inventory for the quarter that ended in Mar. 2023 is calculated as:

	Days Inventory (Q: Mar. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2022 )	+	Total Inventories (Q: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2023 )	*	Days in Period
=	( (240.646	+	222.054)	/	2 )	/	304.391	*	365 / 4
=	231.35					/	304.391	*	365 / 4
=	69.35

Evoqua Water Technologies (FRA:E0W) 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.

Evoqua Water Technologies's Inventory Turnover for the three months ended in Mar. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	304.391	/	231.35
	=	1.32

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.

Evoqua Water Technologies's Inventory to Revenue for the three months ended in Mar. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	231.35	/	446.262
	=	0.52

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.

Evoqua Water Technologies Days Inventory Related Terms

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

Evoqua Water Technologies (FRA:E0W) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Evoqua Water Technologies Corp (FRA:E0W) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

210 Sixth Avenue, Pittsburgh, PA, USA, 15222

Website

https://www.evoqua.com

Evoqua Water Technologies Corp is a provider of critical water treatment solutions, offering services, systems, and technologies to support its customers' full water lifecycle needs. The company operates two segments namely Integrated Solutions and Services and Applied Product Technologies. The Integrated Solutions and Services segment provides fully-integrated systems and service solutions that selectively utilize its portfolio of water treatment technologies to satisfy customers' water needs. It engages directly with end-users. Applied Product Technologies is focused on developing product platforms to be sold primarily through third-party channels. The company generates maximum revenue from the Integrated Solutions and Services segment.

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