GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Secure Waste Infrastructure Corp (TSX:SES) » Definitions » Days Inventory

Secure Waste Infrastructure (TSX:SES) Days Inventory : 5.37 (As of Sep. 2024)


View and export this data going back to 2010. Start your Free Trial

What is Secure Waste Infrastructure Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Secure Waste Infrastructure's Average Total Inventories for the three months ended in Sep. 2024 was C$147 Mil. Secure Waste Infrastructure's Cost of Goods Sold for the three months ended in Sep. 2024 was C$2,499 Mil. Hence, Secure Waste Infrastructure's Days Inventory for the three months ended in Sep. 2024 was 5.37.

The historical rank and industry rank for Secure Waste Infrastructure's Days Inventory or its related term are showing as below:

TSX:SES' s Days Inventory Range Over the Past 10 Years
Min: 4.86   Med: 9.99   Max: 18.25
Current: 6.05

During the past 13 years, Secure Waste Infrastructure's highest Days Inventory was 18.25. The lowest was 4.86. And the median was 9.99.

TSX:SES's Days Inventory is ranked better than
79.64% of 221 companies
in the Waste Management industry
Industry Median: 21.17 vs TSX:SES: 6.05

Secure Waste Infrastructure's Days Inventory increased from Sep. 2023 (4.99) to Sep. 2024 (5.37). It might indicate that Secure Waste Infrastructure's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Secure Waste Infrastructure's Inventory Turnover for the three months ended in Sep. 2024 was 17.00.

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. Secure Waste Infrastructure's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.06.


Secure Waste Infrastructure Days Inventory Historical Data

The historical data trend for Secure Waste Infrastructure'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.

* Premium members only.

Secure Waste Infrastructure Days Inventory Chart

Secure Waste Infrastructure Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.42 11.32 7.06 4.86 5.76

Secure Waste Infrastructure Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Days Inventory 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 4.99 5.45 6.79 8.07 5.37

Competitive Comparison of Secure Waste Infrastructure's Days Inventory

For the Waste Management subindustry, Secure Waste Infrastructure'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.


Secure Waste Infrastructure's Days Inventory Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Secure Waste Infrastructure's Days Inventory distribution charts can be found below:

* The bar in red indicates where Secure Waste Infrastructure's Days Inventory falls into.



Secure Waste Infrastructure Days Inventory Calculation

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

Secure Waste Infrastructure's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (100 + 144) / 2 ) / 7732*365
=122 / 7732*365
=5.76

Secure Waste Infrastructure's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

Days Inventory (Q: Sep. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (172 + 122) / 2 ) / 2499*365 / 4
=147 / 2499*365 / 4
=5.37

* 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.


Secure Waste Infrastructure  (TSX:SES) 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.

Secure Waste Infrastructure's Inventory Turnover for the three months ended in Sep. 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.

Secure Waste Infrastructure's Inventory to Revenue for the three months ended in Sep. 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.


Secure Waste Infrastructure Days Inventory Related Terms

Thank you for viewing the detailed overview of Secure Waste Infrastructure's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Secure Waste Infrastructure Business Description

Traded in Other Exchanges
Address
2300, 225 - 6th Avenue SW, Calgary, AB, CAN, T2P 1N2
Secure Energy Services Inc provides fluids and solids solutions to the oil and gas industry. It operates in three segments: Environmental Waste Management, Energy Infrastructure, and Oilfield Services. These facilities provide processing, storing, shipping, and marketing of crude oil; the processing of waste; and water treatment and disposal. The company generates the majority of its revenue from the Environmental Waste Management segment which includes a network of waste processing facilities, produced water pipelines, industrial landfills, waste transfer, and metal recycling facilities. Energy Infrastructure includes a network of crude oil gathering pipelines, terminals, and storage facilities. Oilfield Services include drilling fluid management, and project management services.
Executives
Jon Winkelried 10% Security Holder
Llc Tpg Gp A 10% Security Holder
Wendy Hanrahan Director
Rene Amirault 10% Security Holder, Director, Senior Officer
Chad William Magus Senior Officer
Allen Peter Gransch Senior Officer
Corey Ray Higham Senior Officer
Michael Wayne Callihoo Senior Officer
Rhonda Kimberly Rudnitski Senior Officer
James Darryl Anderson Senior Officer
Mark Bly Director
Gordon & Co. L.p. Angelo 10% Security Holder
Michael H. Dilger Director
David Glenn Engel Senior Officer
David William Mattinson Senior Officer