CLIRF (Clearford Water Systems) Total Inventories: $0.55 Mil (As of Sep. 2021)


What is Clearford Water Systems Total Inventories?

Clearford Water Systems CLIRF Total Inventories is $0.55 Mil as of Sep. 2021.

Clearford Water Systems's total inventories for the quarter that ended in Sep. 2021 was $0.55 Mil. Clearford Water Systems's average total inventories from the quarter that ended in Jun. 2021 to the quarter that ended in Sep. 2021 was $0.57 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Clearford Water Systems's Net-Net Working Capital per share for the quarter that ended in Sep. 2021 was $-0.58.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Clearford Water Systems's Days Inventory for the three months ended in Sep. 2021 was 20.33.

Inventory Turnover measures how fast the company turns over its inventory within a year. Clearford Water Systems's Inventory Turnover for the quarter that ended in Sep. 2021 was 4.49.

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. Clearford Water Systems's Inventory-to-Revenue for the quarter that ended in Sep. 2021 was 0.16.


Clearford Water Systems  (OTCPK:CLIRF) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Clearford Water Systems's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2021 is

Net-Net Working Capital Per Share (Q: Sep. 2021 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1.81+0.75 * 2.846+0.5 * 0.549-63.169
-0-0)/102.028
=-0.58

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

Clearford Water Systems's Days Inventory for the three months ended in Sep. 2021 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2021 )/Cost of Goods Sold (Q: Sep. 2021 )*Days in Period
=0.5745/2.578*365 / 4
=20.33

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

Clearford Water Systems's Inventory Turnover for the quarter that ended in Sep. 2021 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2021 ) / Average Total Inventories (Q: Sep. 2021 )
=2.578 / 0.5745
=4.49

4. 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.

Clearford Water Systems's Inventory to Revenue for the quarter that ended in Sep. 2021 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2021 ) / Revenue (Q: Sep. 2021 )
=0.5745 / 3.54
=0.16

* 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

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


Clearford Water Systems Total Inventories Related Terms


Clearford Water Systems Total Inventories Historical Data

* Premium members only.

The historical data trend for Clearford Water Systems's Total Inventories 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.

Clearford Water Systems Total Inventories Chart

Clearford Water Systems Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.27 0.27 0.46 0.53 0.49

Clearford Water Systems Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
Total Inventories 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 0.47 0.49 0.53 0.60 0.55

Clearford Water Systems Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

Frequently Asked Questions Learn more about Total Inventories →
What does a Total Inventories of $0.55 Mil mean?
Clearford Water Systems (CLIRF) has a Total Inventories of $0.55 Mil as of Sep. 2021. The total amount of inventory as recorded on a company's balance sheet. View historical data for Clearford Water Systems and its competitors.
Is Clearford Water Systems' Total Inventories too high?
Clearford Water Systems' current Total Inventories is $0.55 Mil.
How does Clearford Water Systems' Total Inventories compare to WM and RSG?
Clearford Water Systems' Total Inventories of $0.55 Mil can be compared against companies in the Waste Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Inventories for a Waste Management company?
A good Total Inventories depends on the Waste Management industry context. However, Total Inventories should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Inventories mean?
A high Total Inventories can signal that a stock is expensive relative to its fundamentals. The total amount of inventory as recorded on a company's balance sheet. View historical data for Clearford Water Systems and its competitors. Clearford Water Systems's current Total Inventories is $0.55 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Clearford Water Systems stock overvalued right now?
Clearford Water Systems (CLIRF) has a current Total Inventories of $0.55 Mil. The current Total Inventories is $0.55 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Inventories calculated?
Total Inventories is calculated from a company's financial statements. For Clearford Water Systems (CLIRF), the current Total Inventories is $0.55 Mil as of Sep. 2021. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Clearford Water Systems Business Description

Address 515 Legget Drive, Suite 100, Ottawa, ON, CAN, K2K 3G4
Clearford Water Systems Inc provides unified water infrastructure solutions. The company is the developer of the Clearford One system, which is a combination of the company's ClearDigest Smart Digester, Small Bore Sewer (SBS) technology, a watertight small diameter wastewater collection system, SBS ClearConvey, and ClearRecover, a wastewater treatment facility-based on the processed influent. It operates through two segments namely Clearford One and UV Pure. The company generates revenue through a sale in various countries such as Canada, the United States of America, India, South America, and other countries. It derives maximum revenue from the Clearford One segment.