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
DateValue
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