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
Download Data| Date | Value |
|---|---|
| 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 |