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Alkaline Water Co (XCNQ:WTER) Days Inventory : 46.20 (As of Jun. 2023)


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What is Alkaline Water Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Alkaline Water Co's Average Total Inventories for the three months ended in Jun. 2023 was C$7.51 Mil. Alkaline Water Co's Cost of Goods Sold for the three months ended in Jun. 2023 was C$14.83 Mil. Hence, Alkaline Water Co's Days Inventory for the three months ended in Jun. 2023 was 46.20.

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

XCNQ:WTER's Days Inventory is not ranked *
in the Beverages - Non-Alcoholic industry.
Industry Median: 68.58
* Ranked among companies with meaningful Days Inventory only.

Alkaline Water Co's Days Inventory declined from Jun. 2022 (65.25) to Jun. 2023 (46.20).

Inventory Turnover measures how fast the company turns over its inventory within a year. Alkaline Water Co's Inventory Turnover for the three months ended in Jun. 2023 was 1.98.

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. Alkaline Water Co's Inventory-to-Revenue for the three months ended in Jun. 2023 was 0.38.


Alkaline Water Co Days Inventory Historical Data

The historical data trend for Alkaline Water Co'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.

Alkaline Water Co Days Inventory Chart

Alkaline Water Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.70 35.27 47.13 52.12 47.38

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
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 65.25 61.42 70.39 55.00 46.20

Competitive Comparison of Alkaline Water Co's Days Inventory

For the Beverages - Non-Alcoholic subindustry, Alkaline Water Co'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.


Alkaline Water Co's Days Inventory Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Alkaline Water Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Alkaline Water Co's Days Inventory falls into.



Alkaline Water Co Days Inventory Calculation

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

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

Days Inventory (A: Mar. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2022 ) + Total Inventories (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (10.867 + 7.65) / 2 ) / 71.331*365
=9.2585 / 71.331*365
=47.38

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

Days Inventory (Q: Jun. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2023 ) + Total Inventories (Q: Jun. 2023 )) / count ) / Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=( (7.65 + 7.366) / 2 ) / 14.83*365 / 4
=7.508 / 14.83*365 / 4
=46.20

* 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.


Alkaline Water Co  (XCNQ:WTER) 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.

Alkaline Water Co's Inventory Turnover for the three months ended in Jun. 2023 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.

Alkaline Water Co's Inventory to Revenue for the three months ended in Jun. 2023 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.


Alkaline Water Co Days Inventory Related Terms

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


Alkaline Water Co Business Description

Traded in Other Exchanges
Address
8541 E. Anderson Drive, Suite 100, Scottsdale, AZ, USA, 85255
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.