Water Ways Technologies (Water Ways Technologies) Total Inventories : $1.66 Mil (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Water Ways Technologies Total Inventories?

Water Ways Technologies's total inventories for the quarter that ended in Dec. 2023 was $1.66 Mil. Water Ways Technologies's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $2.12 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Water Ways Technologies's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-0.03.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Water Ways Technologies's Days Inventory for the three months ended in Dec. 2023 was 157.22.

Inventory Turnover measures how fast the company turns over its inventory within a year. Water Ways Technologies's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.58.

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. Water Ways Technologies's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 3.36.

Water Ways Technologies Total Inventories Historical Data

The historical data trend for Water Ways Technologies's Total Inventories 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.

Water Ways Technologies Total Inventories Chart

Water Ways Technologies Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

Get a 7-Day Free Trial

0.85

1.04

1.96

2.25

1.66

Water Ways Technologies Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Inventories	Get a 7-Day Free Trial															2.25	2.67	2.69	2.57	1.66

Water Ways Technologies Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

Water Ways Technologies (OTCPK:WWTIF) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Water Ways Technologies's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

	Net-Net Working Capital Per Share (Q: Dec. 2023 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(0.199	+	0.75 * 1.288	+	0.5 * 1.661	-	6.072
-	0	-	-0.33)	/	148.785
=	-0.03

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

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

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	2.1175	/	1.229	*	365 / 4
	=	157.22

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

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

Inventory Turnover	=	Cost of Goods Sold (Q: Dec. 2023 )	/	Average Total Inventories (Q: Dec. 2023 )
	=	1.229	/	2.1175
	=	0.58

4. 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.

Water Ways Technologies's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	2.1175	/	0.631
	=	3.36

Be Aware

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.

Water Ways Technologies Total Inventories Related Terms

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

Water Ways Technologies (Water Ways Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Water Ways Technologies Inc (OTCPK:WWTIF) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

WWT:Germany WWT:Canada

Address

77 King Street West, Suite 3000, P.O. Box 95, TD Centre, Toronto, ON, CAN, M5K 1G8

Website

https://www.water-ways-technologies.com

Water Ways Technologies Inc is an agro-tech company that specializes in providing water irrigation solutions to agricultural producers. It designs, supplies and installs an irrigation system for application in various agricultural and aquacultural operations. The company has an operation in China, Mexico, Peru, Laos, Ethiopia, and Georgia.