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Delta CleanTech (XCNQ:DELT) Days Inventory : 1,051.20 (As of Sep. 2024)


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What is Delta CleanTech Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Delta CleanTech's Average Total Inventories for the three months ended in Sep. 2024 was C$0.29 Mil. Delta CleanTech's Cost of Goods Sold for the three months ended in Sep. 2024 was C$0.03 Mil. Hence, Delta CleanTech's Days Inventory for the three months ended in Sep. 2024 was 1,051.20.

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

XCNQ:DELT' s Days Inventory Range Over the Past 10 Years
Min: 74.32   Med: 74.32   Max: 746.66
Current: 746.66

During the past 4 years, Delta CleanTech's highest Days Inventory was 746.66. The lowest was 74.32. And the median was 74.32.

XCNQ:DELT's Days Inventory is ranked worse than
98.62% of 2903 companies
in the Industrial Products industry
Industry Median: 121.86 vs XCNQ:DELT: 746.66

Delta CleanTech's Days Inventory increased from Sep. 2023 (0.00) to Sep. 2024 (1,051.20). It might indicate that Delta CleanTech's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Delta CleanTech's Inventory Turnover for the three months ended in Sep. 2024 was 0.09.

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. Delta CleanTech's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.88.


Delta CleanTech Days Inventory Historical Data

The historical data trend for Delta CleanTech'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.

Delta CleanTech Days Inventory Chart

Delta CleanTech Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Days Inventory
- - - 74.32

Delta CleanTech Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - 79.22 3,459.90 8,326.56 1,051.20

Competitive Comparison of Delta CleanTech's Days Inventory

For the Pollution & Treatment Controls subindustry, Delta CleanTech'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.


Delta CleanTech's Days Inventory Distribution in the Industrial Products Industry

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

* The bar in red indicates where Delta CleanTech's Days Inventory falls into.



Delta CleanTech Days Inventory Calculation

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

Delta CleanTech'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 + 0.079) / 1 ) / 0.388*365
=0.079 / 0.388*365
=74.32

Delta CleanTech'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
=( (0.354 + 0.222) / 2 ) / 0.025*365 / 4
=0.288 / 0.025*365 / 4
=1,051.20

* 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.


Delta CleanTech  (XCNQ:DELT) 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.

Delta CleanTech's Inventory Turnover for the three months ended in Sep. 2024 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.

Delta CleanTech's Inventory to Revenue for the three months ended in Sep. 2024 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.


Delta CleanTech Days Inventory Related Terms

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


Delta CleanTech Business Description

Traded in Other Exchanges
Address
2308 Palisade Drive S.W., Calgary, AB, CAN, T2V 3V1
Delta CleanTech Inc is a clean energy tech business. It is dedicated to providing clean technology solutions that address the environmental and social governance needs of corporations. The principal activity of Delta consists of CO2 capture, hydrogen production, solvent and ethanol purification, methane collection and destruction, and carbon credit certification and trading. The company operates in Canada which is also its key revenue generating market, Kazakhstan, and China.
Executives
Jeffrey Allison Director
Jacelyn Case Senior Officer

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