Evoqua Water Technologies (FRA:E0W) Inventory Turnover : 1.32 (As of Mar. 2023)

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What is Evoqua Water Technologies 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. Evoqua Water Technologies's Cost of Goods Sold for the three months ended in Mar. 2023 was €304 Mil. Evoqua Water Technologies's Average Total Inventories for the quarter that ended in Mar. 2023 was €231 Mil. Evoqua Water Technologies's Inventory Turnover for the quarter that ended in Mar. 2023 was 1.32.

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 three months ended in Mar. 2023 was 69.35.

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 quarter that ended in Mar. 2023 was 0.52.

Evoqua Water Technologies Inventory Turnover Historical Data

The historical data trend for Evoqua Water Technologies'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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Evoqua Water Technologies Inventory Turnover Chart

Evoqua Water Technologies Annual Data

Trend

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Inventory Turnover

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7.63

7.82

6.92

6.83

6.70

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
Inventory Turnover	Get a 7-Day Free Trial															1.56	1.39	1.56	1.23	1.32

Evoqua Water Technologies Inventory Turnover Calculation

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

	Inventory Turnover (A: Sep. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Sep. 2022 )	/ (	(Total Inventories (A: Sep. 2021 )	+	Total Inventories (A: Sep. 2022 ))	/	count )
=	1213.108	/ (	(132.792	+	229.312)	/	2 )
=	1213.108	/	181.052
=	6.70

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

	Inventory Turnover (Q: Mar. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2023 )	/ (	(Total Inventories (Q: Dec. 2022 )	+	Total Inventories (Q: Mar. 2023 ))	/	count )
=	304.391	/ (	(240.646	+	222.054)	/	2 )
=	304.391	/	231.35
=	1.32

Evoqua Water Technologies (FRA:E0W) 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.

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

Days Inventory	=	Average Total Inventories (Q: Mar. 2023 )	/	Cost of Goods Sold (Q: Mar. 2023 )	*	Days in Period
	=	231.35	/	304.391	*	365 / 4
	=	69.35

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 quarter that ended in Mar. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2023 )	/	Revenue (Q: Mar. 2023 )
	=	231.35	/	446.262
	=	0.52

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.

Evoqua Water Technologies Inventory Turnover Related Terms

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Evoqua Water Technologies (FRA:E0W) Business Description

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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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