Growth Metrics

Middlesex Water (MSEX) Inventory Average (2011 - 2023)

Middlesex Water recorded quarterly Inventory Average of $6.5 million in Q2 2023, up 1.96% quarter-over-quarter from $6.4 million in Q1 2023, and up 17.24% year-over-year from $5.5 million in Q2 2022.

Middlesex Water's Inventory Average history runs 13 years deep, the most recent figure standing at $6.5 million for Q2 2023.

  • In Q2 2023, Inventory Average rose 17.24% year-over-year to $6.5 million; the TTM figure through Jun 2023 stood at $6.5 million (up 17.24% YoY), while the FY2022 annual figure was $5.8 million, up 10.17% from the prior year.
  • Inventory Average came in at $6.5 million for Q2 2023 at Middlesex Water, up from $6.4 million in the prior quarter.
  • In the past five years, Inventory Average ranged from a high of $6.5 million in Q2 2023 to a low of $4.9 million in Q3 2021.
  • A 5-year average of $5.4 million and a median of $5.3 million in 2019 frame the typical range for Inventory Average.
  • Across the five-year window, Inventory Average soared 31.63% in 2019 and fell 6.88% in 2020, its largest moves.
  • Middlesex Water's Inventory Average stood at $5.3 million in 2019, then declined by 6.88% to $4.9 million in 2020, then advanced by 6.48% to $5.3 million in 2021, then gained by 13.84% to $6.0 million in 2022, then rose by 8.49% to $6.5 million in 2023.
  • According to Business Quant data, Inventory Average over the past three periods registered $6.5 million, $6.4 million, and $6.0 million for Q2 2023, Q1 2023, and Q4 2022 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Inventory Avg. (Qtr)
1 American Water Works Company 24.16 Bn 24.02 Bn 714.00 Mn -
2 Aris Mining 20.33 Bn 19.86 Bn 233.28 Mn 56.74 Mn
3 Essential Utilities 10.48 Bn 10.40 Bn 685.96 Mn -
4 American States Water 2.94 Bn 2.93 Bn 104.19 Mn -
5 California Water Service 2.58 Bn 2.48 Bn 183.34 Mn 19.71 Mn
6 H2O America 2.18 Bn 2.03 Bn 171.30 Mn -
7 Middlesex Water 959.61 Mn 957.57 Mn 25.70 Mn -
8 Consolidated Water 465.28 Mn 344.14 Mn 10.92 Mn 4.03 Mn
9 York Water 430.12 Mn 430.12 Mn 13.98 Mn 3.26 Mn
10 Artesian Resources 332.86 Mn 328.60 Mn 26.56 Mn -

Historic Data

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DateValue
Jun 30, 2023 6.49 Mn
Mar 31, 2023 6.37 Mn
Dec 31, 2022 5.98 Mn
Sep 30, 2022 5.75 Mn
Jun 30, 2022 5.54 Mn
Mar 31, 2022 5.36 Mn
Dec 31, 2021 5.26 Mn
Sep 30, 2021 4.91 Mn
Jun 30, 2021 4.93 Mn
Mar 31, 2021 5.15 Mn
Dec 31, 2020 4.94 Mn
Sep 30, 2020 5.02 Mn
Jun 30, 2020 5.28 Mn
Mar 31, 2020 5.36 Mn
Dec 31, 2019 5.30 Mn
Sep 30, 2019 5.27 Mn
Jun 30, 2019 5.43 Mn
Mar 31, 2019 5.45 Mn
Dec 31, 2018 5.52 Mn
Sep 30, 2018 5.23 Mn
Jun 30, 2018 4.49 Mn
Mar 31, 2018 4.14 Mn
Dec 31, 2017 4.28 Mn
Sep 30, 2017 4.66 Mn
Jun 30, 2017 4.76 Mn
Mar 31, 2017 4.37 Mn
Dec 31, 2016 4.25 Mn
Sep 30, 2016 4.57 Mn
Jun 30, 2016 3.81 Mn
Mar 31, 2016 2.75 Mn
Dec 31, 2015 2.64 Mn
Sep 30, 2015 2.50 Mn
Jun 30, 2015 2.27 Mn
Mar 31, 2015 2.23 Mn
Dec 31, 2014 2.20 Mn
Sep 30, 2014 2.25 Mn
Jun 30, 2014 2.25 Mn
Mar 31, 2014 2.06 Mn
Dec 31, 2013 1.99 Mn
Sep 30, 2013 2.05 Mn
Jun 30, 2013 2.04 Mn
Mar 31, 2013 1.69 Mn
Dec 31, 2012 1.43 Mn
Sep 30, 2012 1.75 Mn
Jun 30, 2012 2.02 Mn
Mar 31, 2012 2.01 Mn
Dec 31, 2011 2.02 Mn
Sep 30, 2011 1.98 Mn