WTER (The Alkaline Water Co) Inventory Turnover: 2.00 (As of Jun. 2023)


WTER The Alkaline Water Co Inc WTER
12 GF Score
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What is The Alkaline Water Co Inventory Turnover?

The Alkaline Water Co WTER 12 Inventory Turnover is 2.00 as of Jun. 2023. GuruFocus rates WTER with a GF Score™ of 12/100.

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. The Alkaline Water Co's Cost of Goods Sold for the three months ended in Jun. 2023 was $11.16 Mil. The Alkaline Water Co's Average Total Inventories for the quarter that ended in Jun. 2023 was $5.57 Mil. The Alkaline Water Co's Inventory Turnover for the quarter that ended in Jun. 2023 was 2.00.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. The Alkaline Water Co's Days Inventory for the three months ended in Jun. 2023 was 45.51.

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. The Alkaline Water Co's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 0.37.

The Alkaline Water Co  (OTCPK:WTER) 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.

The Alkaline Water Co's Days Inventory for the three months ended in Jun. 2023 is calculated as:

Days Inventory =Average Total Inventories (Q: Jun. 2023 )/Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=5.5675/11.162*365 / 4
=45.51

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.

The Alkaline Water Co's Inventory to Revenue for the quarter that ended in Jun. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2023 ) / Revenue (Q: Jun. 2023 )
=5.5675 / 14.934
=0.37

* 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

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.

The Alkaline Water Co Inventory Turnover Related Terms

The Alkaline Water Co Inventory Turnover Historical Data

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The historical data trend for The Alkaline Water Co'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.

The Alkaline Water Co Inventory Turnover Chart

The Alkaline Water Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.58 10.17 8.08 6.99 7.36

The 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
Inventory Turnover 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 1.39 1.45 1.28 1.65 2.00
WTER
12GF Score
The Alkaline Water Co Inc WTER
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The Alkaline Water Co Inventory Turnover Calculation

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

Inventory Turnover (A: Mar. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Mar. 2023 ) / ((Total Inventories (A: Mar. 2022 ) + Total Inventories (A: Mar. 2023 )) / count )
=52.131 / ((8.584 + 5.591) / 2 )
=52.131 / 7.0875
=7.36

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

Inventory Turnover (Q: Jun. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jun. 2023 ) / ((Total Inventories (Q: Mar. 2023 ) + Total Inventories (Q: Jun. 2023 )) / count )
=11.162 / ((5.591 + 5.544) / 2 )
=11.162 / 5.5675
=2.00

* 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 Inventory Turnover →
What does a Inventory Turnover of 2.00 mean?
The Alkaline Water Co (WTER) has a Inventory Turnover of 2.00 as of Jun. 2023. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on The Alkaline Water Co and its competitors.
Is The Alkaline Water Co's Inventory Turnover too high?
The Alkaline Water Co's current Inventory Turnover is 2.00. Overall, The Alkaline Water Co has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does The Alkaline Water Co's Inventory Turnover compare to PSCBF and ASII?
The Alkaline Water Co's Inventory Turnover of 2.00 can be compared against companies in the Beverages - Non-Alcoholic industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for a Beverages - Non-Alcoholic company?
A good Inventory Turnover depends on the Beverages - Non-Alcoholic industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on The Alkaline Water Co and its competitors. The Alkaline Water Co's current Inventory Turnover is 2.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Alkaline Water Co stock overvalued right now?
The Alkaline Water Co (WTER) has a current Inventory Turnover of 2.00. The current Inventory Turnover is 2.00. The Alkaline Water Co's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For The Alkaline Water Co (WTER), the current Inventory Turnover is 2.00 as of Jun. 2023. 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.

The Alkaline Water Co Business Description

Address 8541 E. Anderson Drive, Suite 100/101, Scottsdale, AZ, USA, 85255
The 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.
12GF Score

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

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