Connecticut Water Service (Connecticut Water Service) Total Inventories : $1.66 Mil (As of Jun. 2019)

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What is Connecticut Water Service Total Inventories?

Connecticut Water Service's total inventories for the quarter that ended in Jun. 2019 was $1.66 Mil. Connecticut Water Service's average total inventories from the quarter that ended in Mar. 2019 to the quarter that ended in Jun. 2019 was $1.67 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Connecticut Water Service's Net-Net Working Capital per share for the quarter that ended in Jun. 2019 was $N/A.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Connecticut Water Service's Days Inventory for the three months ended in Jun. 2019 was 11.87.

Inventory Turnover measures how fast the company turns over its inventory within a year. Connecticut Water Service's Inventory Turnover for the quarter that ended in Jun. 2019 was 7.68.

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. Connecticut Water Service's Inventory-to-Revenue for the quarter that ended in Jun. 2019 was 0.05.

Connecticut Water Service Total Inventories Historical Data

The historical data trend for Connecticut Water Service'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.

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Connecticut Water Service Total Inventories Chart

Connecticut Water Service Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Total Inventories

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1.49

1.62

1.54

1.59

1.68

Connecticut Water Service Quarterly Data
	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19
Total Inventories	Get a 7-Day Free Trial															1.72	1.75	1.68	1.68	1.66

Connecticut Water Service 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.

Connecticut Water Service (OTCPK:CTWSO.PFD) 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.

Connecticut Water Service's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2019 is

	Net-Net Working Capital Per Share (Q: Jun. 2019 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(2.435	+	0.75 * 13.879	+	0.5 * 1.657	-	685.852
-	0	-	0)	/	0
=	N/A

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

Connecticut Water Service's Days Inventory for the three months ended in Jun. 2019 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2019 )	/	Cost of Goods Sold (Q: Jun. 2019 )	*	Days in Period
	=	1.666	/	12.803	*	365 / 4
	=	11.87

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

Connecticut Water Service's Inventory Turnover for the quarter that ended in Jun. 2019 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Jun. 2019 )	/	Average Total Inventories (Q: Jun. 2019 )
	=	12.803	/	1.666
	=	7.68

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.

Connecticut Water Service's Inventory to Revenue for the quarter that ended in Jun. 2019 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2019 )	/	Revenue (Q: Jun. 2019 )
	=	1.666	/	30.664
	=	0.05

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.

Connecticut Water Service Total Inventories Related Terms

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Connecticut Water Service (Connecticut Water Service) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Connecticut Water Service Inc (OTCPK:CTWSO.PFD) » Definitions » Total Inventories

Traded in Other Exchanges

N/A

Address

93 West Main Street, Clinton, CT, USA, 06413

Website

http://www.ctwater.com

Connecticut Water Service Inc is a water utility that operates in the northeastern region of the United States, specifically Connecticut and Maine. The company has various subsidiaries and divisions, including water operations, which supplies public drinking water; real estate transactions, which sells real estate holdings; and service rentals, which sells contracted water and wastewater services. The major customers of the firm are residential, commercial, fire protection, public authority, and industrial entities. The majority of the company's revenue is derived from its water operations segment and residential customers.