Days Inventory is also known as Days Sales of Inventory (DSI). Air Water's Average Total Inventories for the
three
months ended in Dec. 2023 was $716 Mil. Air Water's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $1,452 Mil.
Hence, Air Water's Days Inventory for the
three
months ended in Dec. 2023 was 44.99.
The historical rank and industry rank for Air Water's Days Inventory or its related term are showing as below:
AWTRF'
s Days Inventory Range Over the Past 10 Years
Min: 24.23 Med: 32.78 Max: 44.81
Current: 44.81
During the past 13 years, Air Water's highest Days Inventory was 44.81. The lowest was 24.23. And the median was 32.78.
AWTRF's Days Inventory is ranked better than 81.45% of 1493
companies
in the Chemicals industry
Industry Median: 82.92
vs AWTRF: 44.81
Air Water's Days Inventory
increased
from Dec. 2022 (39.50) to Dec. 2023 (44.99).
It might indicate that Air Water's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Air Water's Inventory Turnover for the
three
months ended in Dec. 2023 was 2.03.
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.
Air Water's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.38.
Air Water Days Inventory Historical Data
The historical data trend for Air Water'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.
Competitive Comparison of Air Water's Days Inventory
For the Specialty Chemicals subindustry, Air Water'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.
Air Water's Days Inventory Distribution in the Chemicals Industry
For the Chemicals industry and Basic Materials sector, Air Water's Days Inventory distribution charts can be found below:
* The bar in red indicates where Air Water's Days Inventory falls into.
Air Water Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Air Water's Days Inventory for the fiscal year that ended in Mar. 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.
Air Water (OTCPK:AWTRF) 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.
Air Water's Inventory Turnover for the
three
months ended in Dec. 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.
Air Water's Inventory to Revenue for the
three
months ended in Dec. 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.
Air Water Days Inventory Related Terms
Thank you for viewing the detailed overview of Air Water's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Air Water Inc manufactures and sells a variety of chemicals and chemical-based products. The firm organizes itself into five primary segments based on product type. The industrial gas segment, which generates the most revenue of any segment, sells gases including oxygen used in blast furnaces to produce steel. The chemical business sells coal and fine chemicals to the agricultural and pharmaceutical industries. The medical segment sells medical gases and sterilization equipment to hospitals and home-care facilities. The agricultural and food products segment sells delicatessen meat, frozen foods, and fruit and vegetable juices. The energy segment sells natural gas.
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