Watts Water Technologies (FRA:W3W) Change In Inventory : €36 Mil (TTM As of Mar. 2024)

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What is Watts Water Technologies Change In Inventory?

Watts Water Technologies's change in inventory for the quarter that ended in Mar. 2024 was €-12 Mil. It means Watts Water Technologies's inventory increased by €12 Mil from Dec. 2023 to Mar. 2024 .

Watts Water Technologies's change in inventory for the fiscal year that ended in Dec. 2023 was €25 Mil. It means Watts Water Technologies's inventory declined by €25 Mil from Dec. 2022 to Dec. 2023 .

Watts Water Technologies's Total Inventories for the quarter that ended in Mar. 2024 was €390 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Watts Water Technologies's Days Inventory for the quarter that ended in Mar. 2024 was 123.55.

Inventory Turnover measures how fast the company turns over its inventory within a year. Watts Water Technologies's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.74.

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. Watts Water Technologies's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.72.

Watts Water Technologies Change In Inventory Historical Data

The historical data trend for Watts Water Technologies's Change In 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.

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Watts Water Technologies Change In Inventory Chart

Watts Water Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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15.30

15.37

-100.63

-15.48

24.76

Watts Water Technologies Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															-22.32	-10.25	29.33	28.15	-11.50

Watts Water Technologies Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €36 Mil.

Watts Water Technologies (FRA:W3W) Change In Inventory Explanation

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

Watts Water Technologies's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	377.935	/	279.128	*	365 / 4
	=	123.55

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	279.128	/	377.935
	=	0.74

3. 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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	377.935	/	525.228
	=	0.72

Watts Water Technologies Change In Inventory Related Terms

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Watts Water Technologies (FRA:W3W) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Watts Water Technologies Inc (FRA:W3W) » Definitions » Change In Inventory

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WTS:USA

Address

815 Chestnut Street, North Andover, MA, USA, 01845

Website

https://www.wattswater.com

Watts Water Technologies Inc is a U.S.-based company that provides safety, energy efficiency, and water conservation products. The company's product portfolio includes residential and commercial flow control products, which are sold for plumbing and hot water applications; HVAC and gas products, including commercial boilers, water heaters, heating solutions, and heating systems; drainage and water reuse products, including drainage products and engineered rainwater-harvesting solutions; and water quality products, including point-of-use and point-of-entry water filtration, conditioning, and scale prevention systems. The company generates the majority of its revenue from markets in the Americas and in Europe, the Middle East, and Africa.

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