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Sharc International Systems (XCNQ:SHRC) Change In Inventory : C$-0.10 Mil (TTM As of Sep. 2023)


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What is Sharc International Systems Change In Inventory?

Sharc International Systems's change in inventory for the quarter that ended in Sep. 2023 was C$-0.23 Mil. It means Sharc International Systems's inventory increased by C$0.23 Mil from Jun. 2023 to Sep. 2023 .

Sharc International Systems's change in inventory for the fiscal year that ended in Dec. 2022 was C$-0.01 Mil. It means Sharc International Systems's inventory increased by C$0.01 Mil from Dec. 2021 to Dec. 2022 .

Sharc International Systems's Total Inventories for the quarter that ended in Sep. 2023 was C$1.40 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sharc International Systems's Days Inventory for the quarter that ended in Sep. 2023 was 351.27.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sharc International Systems's Inventory Turnover for the quarter that ended in Sep. 2023 was 0.26.

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. Sharc International Systems's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 2.32.

Sharc International Systems Change In Inventory Historical Data

The historical data trend for Sharc International Systems'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.

* Premium members only.

Sharc International Systems Change In Inventory Chart

Sharc International Systems Annual Data
Trend Oct13 Oct14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 -0.10 -0.33 -0.19 -0.01

Sharc International Systems Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Change In Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.13 0.20 0.18 -0.25 -0.23

Sharc International Systems 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.10 Mil.

* 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.

Sharc International Systems  (XCNQ:SHRC) Change In Inventory Explanation

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

Sharc International Systems's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=1.2665/0.329*365 / 4
=351.27

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

Sharc International Systems's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=0.329 / 1.2665
=0.26

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.

Sharc International Systems's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=1.2665 / 0.545
=2.32

* 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.

Sharc International Systems Change In Inventory Related Terms

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Sharc International Systems (XCNQ:SHRC) Business Description

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INTWF:USA
Address
1443 Spitfire Place, Port Coquitlam, BC, CAN, V3C 6L4
Website
https://www.sharcenergy.com
Sharc International Systems Inc is engaged in providing wastewater heat exchange expertise and products that serve commercial, industrial, public utilities and residential development projects objectives of reducing their carbon footprint while saving on energy costs. The company operates in a single operating segment namely, Sales and marketing of Wastewater energy transfer equipment.