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American Water Works Co (American Water Works Co) Total Inventories : $112 Mil (As of Dec. 2023)


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What is American Water Works Co Total Inventories?

American Water Works Co's total inventories for the quarter that ended in Dec. 2023 was $112 Mil. American Water Works Co's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $112 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. American Water Works Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-101.99.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. American Water Works Co's Days Inventory for the three months ended in Dec. 2023 was 21.56.

Inventory Turnover measures how fast the company turns over its inventory within a year. American Water Works Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 4.23.

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. American Water Works Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.11.


American Water Works Co Total Inventories Historical Data

The historical data trend for American Water Works Co'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.

American Water Works Co Total Inventories Chart

American Water Works Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 44.00 47.00 57.00 98.00 112.00

American Water Works Co 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 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 98.00 103.00 109.00 111.00 112.00

American Water Works Co 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.


American Water Works Co  (NYSE:AWK) 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.

American Water Works Co'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)
=(330+0.75 * 339+0.5 * 112-20501
-0-0)/194.73
=-101.99

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

American Water Works Co'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
=111.5/472*365 / 4
=21.56

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

American Water Works Co'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 )
=472 / 111.5
=4.23

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.

American Water Works Co'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 )
=111.5 / 1032
=0.11

* 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

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.


American Water Works Co Total Inventories Related Terms

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American Water Works Co (American Water Works Co) Business Description

Address
1 Water Street, Camden, NJ, USA, 08102-1658
American Water Works is the largest investor-owned U.S. water and wastewater utility, serving approximately 3.5 million customers in 16 states. It provides water and wastewater services to residential, commercial, and industrial customers and operates predominantly in regulated markets. The company's nonregulated business is water services for military bases, which operates under long-term contracts with regulated-like returns.
Executives
Michael Marberry director 3050 SPRUCE STREET, ST. LOUIS MO 63103
Martha Clark Goss director C/O OCWEN FINANCIAL CORPORATION, 1661 WORTHINGTON RD, SUITE 100, WEST PALM BEACH FL 33409
Laurie P. Havanec director ONE CARRIER PLACE, FARMINGTON CT 06032
Melanie M Kennedy officer: SVP, Human Resources 1 WATER STREET, CAMDEN NJ 08102-1658
John C. Griffith officer: EVP Chief Financial Officer 1 WATER STREET, CAMDEN NJ 08102-1658
James H Gallegos officer: EVP and General Counsel 1 WATER STREET, CAMDEN NJ 08102-1658
Cheryl Norton officer: SVP,Chief Envrn Off & East Div 1 WATER STREET, CAMDEN NJ 08102-1658
Melissa K. Wikle officer: Vice President and Controller 1 WATER STREET, CAMDEN NJ 08102-1658
Walter Lynch officer: Executive VP, Eastern Division 1 WATER STREET, CAMDEN NJ 08102-1658
Maureen Duffy officer: VP,Corp.Comm.&External Affairs 1 WATER STREET, CAMDEN NJ 08102-1658
Adam W. Noble officer: Chief Tech. & Innov. Officer 1 WATER STREET, CAMDEN NJ 08102-1658
Lloyd M Yates director 1N 2ND ST, HARTSVILLE SC 29550
Bruce A Hauk officer: Pres, Reg. Ops & Military Serv 110 W. TAYLOR STREET, SAN JOSE CA 95110
Kevin B Kirwan officer: SVP, Chief Op Excel&Safety Off 1 WATER STREET, CAMDEN NJ 08102-1658
Michael A Sgro officer: Interim General Counsel 1 WATER STREET, CAMDEN NJ 08102-1658