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Select Water Solutions (Select Water Solutions) Total Inventories : $38 Mil (As of Mar. 2024)


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What is Select Water Solutions Total Inventories?

Select Water Solutions's total inventories for the quarter that ended in Mar. 2024 was $38 Mil. Select Water Solutions's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was $38 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Select Water Solutions's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-2.41.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Select Water Solutions's Days Inventory for the three months ended in Mar. 2024 was 11.09.

Inventory Turnover measures how fast the company turns over its inventory within a year. Select Water Solutions's Inventory Turnover for the quarter that ended in Mar. 2024 was 8.23.

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. Select Water Solutions's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.10.


Select Water Solutions Total Inventories Historical Data

The historical data trend for Select Water Solutions'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.

Select Water Solutions Total Inventories Chart

Select Water Solutions Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only 37.54 33.38 44.46 41.16 38.65

Select Water Solutions Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 40.85 42.89 44.88 38.65 37.64

Select Water Solutions 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.


Select Water Solutions  (NYSE:WTTR) 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.

Select Water Solutions's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is

Net-Net Working Capital Per Share (Q: Mar. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(12.753+0.75 * 323.113+0.5 * 37.636-402.986
-0-118.331)/102.705
=-2.41

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

Select Water Solutions's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=38.1445/313.871*365 / 4
=11.09

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

Select Water Solutions's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2024 ) / Average Total Inventories (Q: Mar. 2024 )
=313.871 / 38.1445
=8.23

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.

Select Water Solutions's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=38.1445 / 366.548
=0.10

* 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.


Select Water Solutions Total Inventories Related Terms

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Select Water Solutions (Select Water Solutions) Business Description

Traded in Other Exchanges
Address
1233 West Loop South, Suite 1400, Houston, TX, USA, 77027
Select Water Solutions Inc provides sustainable water and chemical solutions to the energy industry. These solutions are supported by the company's critical water infrastructure assets, chemical manufacturing, and water treatment and recycling capabilities.
Executives
Brian Szymanski officer: Chief Accounting Officer & VP 1820 I-35 FRONTAGE ROAD, GAINESVILLE TX 76240
Michael Skarke officer: Exec. VP, Water Solutions 1820 NORTH I-35, P.O. BOX 1715, GAINESVILLE TX 76241
Troy W Thacker director C/O FOX PAINE & CO, 950 TOWER LANE, FOSTER CITY CA 94404
Christina M Ibrahim officer: SVP, GC and CCO 2000 ST. JAMES PLACE, HOUSTON TX 77056
Nick L Swyka officer: CFO & Senior VP 515 POST OAK BLVD., STE. 200, HOUSTON TX 77027
Robin H Fielder director 1201 LAKE ROBBINS DRIVE, THE WOODLANDS TX 77380
Christopher Kile George officer: See Remarks 5660 WICKERSHAM LN, HOUSTON TX 77056
Luis M Fernandez-moreno director ASHLAND INC., 8145 BLAZER DRIVE, WILMINGTON DE 19808
Suzanne Colbert officer: Chief Technology Officer 1233 WEST LOOP SOUTH, SUITE 1400, HOUSTON TX 77027
Gayle Burleson director ONE CONCHO CENTER, 600 WEST ILLINOIS AVENUE, MIDLAND TX 79701
Scf-vii(a), L.p. 10 percent owner, other: Member of Group 600 TRAVIS ST., STE. 6600, HOUSTON TX 77002
Scf Partners, Inc. 10 percent owner, other: Member of Group 600 TRAVIS STE 6600, HOUSTON TX 77002
Scf-vii(a), G.p., Limited Partnership 10 percent owner, other: Member of Group 600 TRAVIS, SUITE 6600, HOUSTON TX 77002
Holli C. Ladhani director, officer: President and CEO 2800 POST OAK BLVD., SUITE 4500, HOUSTON TX 77056
Mitchell Shauf officer: EVP, Water Services 1820 N. INTERSTATE 35, GAINESVILLE TX 76241

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