GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Questor Technology Inc (TSXV:QST) » Definitions » Days Inventory

Questor Technology (TSXV:QST) Days Inventory : 70.34 (As of Dec. 2023)


View and export this data going back to 1998. Start your Free Trial

What is Questor Technology Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Questor Technology's Average Total Inventories for the three months ended in Dec. 2023 was C$0.55 Mil. Questor Technology's Cost of Goods Sold for the three months ended in Dec. 2023 was C$0.71 Mil. Hence, Questor Technology's Days Inventory for the three months ended in Dec. 2023 was 70.34.

The historical rank and industry rank for Questor Technology's Days Inventory or its related term are showing as below:

TSXV:QST' s Days Inventory Range Over the Past 10 Years
Min: 39.6   Med: 84.18   Max: 157.78
Current: 91.76

During the past 13 years, Questor Technology's highest Days Inventory was 157.78. The lowest was 39.60. And the median was 84.18.

TSXV:QST's Days Inventory is ranked better than
66.2% of 2905 companies
in the Industrial Products industry
Industry Median: 119.85 vs TSXV:QST: 91.76

Questor Technology's Days Inventory declined from Dec. 2022 (126.30) to Dec. 2023 (70.34).

Inventory Turnover measures how fast the company turns over its inventory within a year. Questor Technology's Inventory Turnover for the three months ended in Dec. 2023 was 1.30.

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. Questor Technology's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.38.


Questor Technology Days Inventory Historical Data

The historical data trend for Questor Technology's Days 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.

Questor Technology Days Inventory Chart

Questor Technology Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 42.43 101.11 87.53 80.71 80.82

Questor Technology Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days 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 126.30 128.34 93.65 79.40 70.34

Competitive Comparison of Questor Technology's Days Inventory

For the Pollution & Treatment Controls subindustry, Questor Technology's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Questor Technology's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Questor Technology's Days Inventory distribution charts can be found below:

* The bar in red indicates where Questor Technology's Days Inventory falls into.



Questor Technology Days Inventory Calculation

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

Questor Technology's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (1.623 + 0.352) / 2 ) / 4.46*365
=0.9875 / 4.46*365
=80.82

Questor Technology's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (0.738 + 0.352) / 2 ) / 0.707*365 / 4
=0.545 / 0.707*365 / 4
=70.34

* 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.


Questor Technology  (TSXV:QST) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

Questor Technology's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

2. 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.

Questor Technology's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

* 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.


Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


Questor Technology Days Inventory Related Terms

Thank you for viewing the detailed overview of Questor Technology's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Questor Technology (TSXV:QST) Business Description

Traded in Other Exchanges
Address
140 - 4 Avenue S.W., Suite 2240, Calgary, AB, CAN, T2P 3N3
Questor Technology Inc is focused on clean air technologies that safely and cost-effectively improve air quality, support energy efficiency, and greenhouse gas emissions reductions. The company designs, manufactures, and services high-efficiency waste gas combustion systems. Its combustion technology is utilized in the effective management of Methane, Hydrogen Sulfide gas, Volatile Organic Hydrocarbons, Hazardous Air Pollutants, and BTEX gases ensuring sustainable development, community acceptance, and regulatory compliance. It has developed heat-to-power generation technology and is marketing its solutions to various markets including landfill biogas, syngas, waste engine exhaust, geothermal and solar, cement plant waste heat in addition to a wide variety of oil and gas projects.

Questor Technology (TSXV:QST) Headlines

No Headlines