AQT Water (WAR:AQT) Inventory Turnover : 0.30 (As of Sep. 2023)

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What is AQT Water Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. AQT Water's Cost of Goods Sold for the three months ended in Sep. 2023 was zł0.59 Mil. AQT Water's Average Total Inventories for the quarter that ended in Sep. 2023 was zł1.95 Mil. AQT Water's Inventory Turnover for the quarter that ended in Sep. 2023 was 0.30.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. AQT Water's Days Inventory for the three months ended in Sep. 2023 was 301.67.

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. AQT Water's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 1.39.

AQT Water Inventory Turnover Historical Data

The historical data trend for AQT Water's Inventory Turnover 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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AQT Water Inventory Turnover Chart

AQT Water Annual Data

Trend

Dec16

Dec17

Dec20

Dec21

Dec22

Inventory Turnover

2.22

2.55

2.72

5.61

2.03

AQT Water Quarterly Data
	Jun18	Sep18	Mar19	Jun19	Sep19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Inventory Turnover	Get a 7-Day Free Trial															0.62	0.38	0.26	0.16	0.30

AQT Water Inventory Turnover Calculation

AQT Water's Inventory Turnover for the fiscal year that ended in Dec. 2022 is calculated as

	Inventory Turnover (A: Dec. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2022 )	/ (	(Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )
=	3.666	/ (	(1.4	+	2.203)	/	2 )
=	3.666	/	1.8015
=	2.03

AQT Water's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

	Inventory Turnover (Q: Sep. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2023 )	/ (	(Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )
=	0.59	/ (	(1.984	+	1.917)	/	2 )
=	0.59	/	1.9505
=	0.30

AQT Water (WAR:AQT) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

AQT Water's Days Inventory for the three months ended in Sep. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2023 )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
	=	1.9505	/	0.59	*	365 / 4
	=	301.67

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.

AQT Water's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	1.9505	/	1.403
	=	1.39

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

AQT Water Inventory Turnover Related Terms

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AQT Water (WAR:AQT) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

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Address

ul. Zlota 7/18, Warsaw, POL, 00-019

Website

https://www.aqtwater.com

AQT Water SA is engaged in the field of decentralized sewage treatment technologies for single-family houses, public or industrial buildings. The company's services include purification cleansing, container water treatment plants, fat separators, grey water and rainwater.

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