Tidewater Renewables (TSX:LCFS) Change In Inventory : C$-42.44 Mil (TTM As of Dec. 2023)

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What is Tidewater Renewables Change In Inventory?

Tidewater Renewables's change in inventory for the quarter that ended in Dec. 2023 was C$-22.10 Mil. It means Tidewater Renewables's inventory increased by C$22.10 Mil from Sep. 2023 to Dec. 2023 .

Tidewater Renewables's change in inventory for the fiscal year that ended in Dec. 2023 was C$-42.44 Mil. It means Tidewater Renewables's inventory increased by C$42.44 Mil from Dec. 2022 to Dec. 2023 .

Tidewater Renewables's Total Inventories for the quarter that ended in Dec. 2023 was C$43.81 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tidewater Renewables's Days Inventory for the quarter that ended in Dec. 2023 was 111.76.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tidewater Renewables's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.82.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Tidewater Renewables's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.81.

Tidewater Renewables Change In Inventory Historical Data

The historical data trend for Tidewater Renewables's Change In Inventory can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Tidewater Renewables Change In Inventory Chart

Tidewater Renewables Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-1.09

-42.44

Tidewater Renewables Quarterly Data
	Dec18	Dec19	Mar20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Inventory	Get a 7-Day Free Trial											-0.42	-0.49	-8.99	-10.86	-22.10

Tidewater Renewables Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-42.44 Mil.

Tidewater Renewables (TSX:LCFS) Change In Inventory Explanation

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Tidewater Renewables's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	32.6535	/	26.661	*	365 / 4
	=	111.76

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Tidewater Renewables's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	26.661	/	32.6535
	=	0.82

3. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Tidewater Renewables's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	32.6535	/	40.376
	=	0.81

Tidewater Renewables Change In Inventory Related Terms

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Tidewater Renewables (TSX:LCFS) Business Description

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TDWRF:USA 7GZ:Germany

Address

222 - 3rd Avenue SW, Suite 900, Calgary, AB, CAN, T2P 0B4

Website

https://www.tidewatermidstream.com

Tidewater Renewables Ltd has been formed to become a multi-faceted, energy transition company. It is focused on the production of low-carbon fuels, including renewable diesel, renewable hydrogen, and renewable natural gas, as well as carbon capture. The corporation generates revenue from the sale of renewable products. The renewable energy operating segment includes the following revenue categories: renewable fuels and renewable natural gas.

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