Northstar Clean Technologies (TSXV:ROOF) Days Inventory : 0.00 (As of Sep. 2024)

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What is Northstar Clean Technologies Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Northstar Clean Technologies's Average Total Inventories for the three months ended in Sep. 2024 was C$0.00 Mil. Northstar Clean Technologies's Cost of Goods Sold for the three months ended in Sep. 2024 was C$0.20 Mil. Hence, Northstar Clean Technologies's Days Inventory for the three months ended in Sep. 2024 was 0.00.

The historical rank and industry rank for Northstar Clean Technologies's Days Inventory or its related term are showing as below:

TSXV:ROOF's Days Inventory is not ranked ^*
in the Waste Management industry.
Industry Median: 21.02
* Ranked among companies with meaningful Days Inventory only.

Northstar Clean Technologies's Days Inventory stayed the same from Sep. 2023 (0.00) to Sep. 2024 (0.00).

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

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. Northstar Clean Technologies's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.00.

Northstar Clean Technologies Days Inventory Historical Data

The historical data trend for Northstar Clean Technologies'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.

Northstar Clean Technologies Days Inventory Chart

Northstar Clean Technologies Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Inventory

Northstar Clean Technologies Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Inventory	Get a 7-Day Free Trial													-	-	-	-	-

Competitive Comparison of Northstar Clean Technologies's Days Inventory

For the Waste Management subindustry, Northstar Clean Technologies'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.

Northstar Clean Technologies's Days Inventory Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Northstar Clean Technologies's Days Inventory distribution charts can be found below:

* The bar in red indicates where Northstar Clean Technologies's Days Inventory falls into.

Northstar Clean Technologies Days Inventory Calculation

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

Northstar Clean Technologies'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
=	( (0	+	0)	/	1 )	/	0	*	365
=	0					/	0	*	365
=	N/A

Northstar Clean Technologies's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

	Days Inventory (Q: Sep. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2024 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0.203	*	365 / 4
=	0					/	0.203	*	365 / 4
=	0.00

Northstar Clean Technologies (TSXV:ROOF) 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.

Northstar Clean Technologies's Inventory Turnover for the three months ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.203	/	0
	=

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.

Northstar Clean Technologies's Inventory to Revenue for the three months ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	0.165
	=	0.00

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.

Northstar Clean Technologies Days Inventory Related Terms

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

Northstar Clean Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Northstar Clean Technologies Inc (TSXV:ROOF) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

ROOOF:USA

Address

7046 Brown Street, Delta, BC, CAN, V4G 1G8

Website

https://www.northstarcleantech.com

Northstar Clean Technologies Inc is engaged in the commercialization of proprietary process technology for the recycling of asphalt shingles and the extraction and recovery of asphalt cement, fiberglass/felt and mineral aggregates to be sold and used in asphalt pavement, shingle manufacturing, construction products, and other industrial applications. The Company currently operates in one business segment in Canada, being the repurposing and reprocessing of asphalt shingles.

Executives

Neil Currie	Director
James Corey Borkowski	Director
Kellie Johnston	Senior Officer
James A. Currie	Director, Senior Officer
Aidan Mills	Senior Officer
Rosemary Pritchard	Senior Officer
Gregg J. Sedun	Director

Northstar Clean Technologies Headlines

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