Middlesex Water (MSEX) Inventory (2010 - 2023)
Middlesex Water (MSEX) posted Inventory of $6.4 million for Q2 2023, down 2.03% sequentially from $6.6 million in Q1 2023, and up 12.6% YoY from $5.7 million in Q2 2022.
Middlesex Water (MSEX) Inventory (2010 - 2023) Analysis & Trends
Middlesex Water has reported Inventory for 14 years, with the latest figure at $6.4 million in Q2 2023.
- Quarterly Inventory rose 12.6% year-over-year to $6.4 million in Q2 2023, while the trailing twelve-month figure through Jun 2023 was $6.4 million (up 12.6% YoY) and the FY2022 annual result came in at $6.2 million, up 15.29% from the prior year.
- Inventory fell to $6.4 million in Q2 2023 per MSEX's latest filing, from $6.6 million in the prior quarter.
- Over five years, Inventory peaked at $6.6 million in Q1 2023 and troughed at $4.7 million in Q2 2021.
- A 5-year average of $5.5 million and a median of $5.4 million in 2021 frame the typical range for Inventory.
- The sharpest annual moves came in 2019 and 2021: Inventory surged 31.87% in 2019, then dropped 11.62% in 2021.
- Over 5 years, Inventory stood at $5.4 million in 2019, then decreased by 6.12% to $5.1 million in 2020, then rose by 4.81% to $5.4 million in 2021, then increased by 15.29% to $6.2 million in 2022, then rose by 4.03% to $6.4 million in 2023.
- According to Business Quant data, Inventory over the past three periods registered $6.4 million, $6.6 million, and $6.2 million for Q2 2023, Q1 2023, and Q4 2022 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | American Water Works Company | 26.64 Bn | 26.45 Bn | - | - |
| 2 | Essential Utilities | 11.35 Bn | 11.35 Bn | - | - |
| 3 | American States Water | 3.37 Bn | 3.36 Bn | 278.03 Mn | - |
| 4 | California Water Service | 3.03 Bn | 2.94 Bn | 263.45 Mn | 18.33 Mn |
| 5 | H2O America | 2.61 Bn | 2.51 Bn | 197.11 Mn | - |
| 6 | Middlesex Water | 1.09 Bn | 1.09 Bn | - | - |
| 7 | York Water | 517.33 Mn | 516.77 Mn | - | 3.24 Mn |
| 8 | Consolidated Water | 515.60 Mn | 389.27 Mn | 10.92 Mn | 4.32 Mn |
| 9 | Artesian Resources | 361.44 Mn | 357.18 Mn | 26.56 Mn | - |
| 10 | Pure Cycle | 275.03 Mn | 266.59 Mn | 4.29 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2023 | 6.43 Mn |
| Mar 31, 2023 | 6.56 Mn |
| Dec 31, 2022 | 6.18 Mn |
| Sep 30, 2022 | 5.79 Mn |
| Jun 30, 2022 | 5.71 Mn |
| Mar 31, 2022 | 5.37 Mn |
| Dec 31, 2021 | 5.36 Mn |
| Sep 30, 2021 | 5.16 Mn |
| Jun 30, 2021 | 4.66 Mn |
| Mar 31, 2021 | 5.19 Mn |
| Dec 31, 2020 | 5.11 Mn |
| Sep 30, 2020 | 4.76 Mn |
| Jun 30, 2020 | 5.27 Mn |
| Mar 31, 2020 | 5.28 Mn |
| Dec 31, 2019 | 5.45 Mn |
| Sep 30, 2019 | 5.16 Mn |
| Jun 30, 2019 | 5.38 Mn |
| Mar 31, 2019 | 5.48 Mn |
| Dec 31, 2018 | 5.41 Mn |
| Sep 30, 2018 | 5.63 Mn |