Highwater Ethanol LLC (Highwater Ethanol LLC) Days Inventory : 41.20 (As of Jan. 2024)

Highwater Ethanol LLC Days Inventory Chart

Highwater Ethanol LLC Annual Data
	Trend	Oct14	Oct15	Oct16	Oct17	Oct18	Oct19	Oct20	Oct21	Oct22	Oct23
Days Inventory		Get a 7-Day Free Trial					27.68	32.99	32.41	32.88	35.90

Highwater Ethanol LLC Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Days Inventory	Get a 7-Day Free Trial															33.26	30.62	37.42	39.58	41.20

Competitive Comparison of Highwater Ethanol LLC's Days Inventory

For the Oil & Gas Refining & Marketing subindustry, Highwater Ethanol LLC'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.

Highwater Ethanol LLC's Days Inventory Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Highwater Ethanol LLC's Days Inventory distribution charts can be found below:

* The bar in red indicates where Highwater Ethanol LLC's Days Inventory falls into.

Highwater Ethanol LLC Days Inventory Calculation

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

Highwater Ethanol LLC's Days Inventory for the fiscal year that ended in Oct. 2023 is calculated as

Highwater Ethanol LLC's Days Inventory for the quarter that ended in Jan. 2024 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.

Highwater Ethanol LLC  (GREY:HEOL) 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.

Highwater Ethanol LLC's Inventory Turnover for the three months ended in Jan. 2024 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.

Highwater Ethanol LLC's Inventory to Revenue for the three months ended in Jan. 2024 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.

Highwater Ethanol LLC Days Inventory Related Terms

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Highwater Ethanol LLC (Highwater Ethanol LLC) Business Description