Middlesex Water (MSEX) Inventory (2010 - 2023)
Middlesex Water's Inventory was $6.43 million in Q2 2023, up 12.6% from $5.71 million a year earlier but down 2.0% from the prior quarter.
Analysis
Middlesex Water (MSEX) Inventory (2010 - 2023) Analysis & Trends
At the end of FY2022, Inventory at Middlesex Water came in at $6.18 million, up 15.3% from FY2021.
- Inventory shows a five-year compound annual growth rate of 8.4% (FY2017 to FY2022).
- In earlier years, Inventory was $5.36 million in FY2021 (+4.8%), $5.11 million in FY2020 (-6.1%), $5.45 million in FY2019 (+0.6%) and $5.41 million in FY2018 (+31.4%).
- Quarterly Inventory has moved between $4.66 million (Q2 2021) and $6.56 million (Q1 2023) over five years.
- Compared with a year earlier, Inventory has increased for eight straight quarters, with growth averaging 12.7% over the last eight quarters.
- The best year-over-year quarter for Inventory over five years was Q1 2019 (growth of 31.9%); the worst was Q2 2021 (a decline of 11.6%).
- Per Business Quant data, MSEX's Inventory in the three quarters before Q2 2023 was $6.56 million (Q1 2023), $6.18 million (Q4 2022) and $5.79 million (Q3 2022).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 292.57 Bn | 292.57 Bn | 890.00 Mn | - |
| 2 | National Grid | 78.85 Bn | 60.37 Bn | - | 753.63 Mn |
| 3 | Dominion Energy | 53.27 Bn | 55.95 Bn | - | 2.01 Bn |
| 4 | Xcel Energy | 44.01 Bn | 38.91 Bn | - | 745.00 Mn |
| 5 | Wec Energy | 32.84 Bn | 33.08 Bn | 1.51 Bn | 744.60 Mn |
| 6 | Ameren | 27.51 Bn | 27.59 Bn | - | 800.00 Mn |
| 7 | Fortis | 26.81 Bn | 27.29 Bn | 1.60 Bn | 492.31 Mn |
| 8 | Atmos Energy | 26.44 Bn | 25.21 Bn | 870.85 Mn | - |
| 9 | American Water Works Company | 25.73 Bn | 25.14 Bn | - | - |
| 10 | Middlesex Water | 998.11 Mn | 988.09 Mn | - | - |
Historic Data
Download Data
Historic 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 |
API Access
Middlesex Water Inventory API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=inventory&ticker=MSEX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "inventory", "ticker": "MSEX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=inventory&ticker=MSEX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();