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DRTTF (Dirtt Environmental Solutions) Total Inventories : $15.1 Mil (As of Dec. 2024)


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What is Dirtt Environmental Solutions Total Inventories?

Dirtt Environmental Solutions's total inventories for the quarter that ended in Dec. 2024 was $15.1 Mil. Dirtt Environmental Solutions's average total inventories from the quarter that ended in Sep. 2024 to the quarter that ended in Dec. 2024 was $14.9 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Dirtt Environmental Solutions's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was $-0.12.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Dirtt Environmental Solutions's Days Inventory for the three months ended in Dec. 2024 was 43.46.

Inventory Turnover measures how fast the company turns over its inventory within a year. Dirtt Environmental Solutions's Inventory Turnover for the quarter that ended in Dec. 2024 was 2.10.

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. Dirtt Environmental Solutions's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.31.


Dirtt Environmental Solutions Total Inventories Historical Data

The historical data trend for Dirtt Environmental Solutions'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.

* Premium members only.

Dirtt Environmental Solutions Total Inventories Chart

Dirtt Environmental Solutions Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.98 18.46 22.25 16.58 15.11

Dirtt Environmental Solutions Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 16.58 15.67 14.91 14.75 15.11

Dirtt Environmental Solutions 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.


Dirtt Environmental Solutions  (OTCPK:DRTTF) 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.

Dirtt Environmental Solutions's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2024 is

Net-Net Working Capital Per Share (Q: Dec. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(29.288+0.75 * 19.494+0.5 * 15.109-75.63
-0-0)/193.605
=-0.12

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

Dirtt Environmental Solutions's Days Inventory for the three months ended in Dec. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2024 )/Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=14.93/31.351*365 / 4
=43.46

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

Dirtt Environmental Solutions's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2024 ) / Average Total Inventories (Q: Dec. 2024 )
=31.351 / 14.93
=2.10

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.

Dirtt Environmental Solutions's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=14.93 / 48.89
=0.31

* 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.


Dirtt Environmental Solutions Total Inventories Related Terms

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Dirtt Environmental Solutions Business Description

Traded in Other Exchanges
Address
7303-30th Street S.E, Calgary, AB, CAN, T2C 1N6
Dirtt Environmental Solutions Ltd is a manufacturer of customized interiors. The company combines its (3D) design, configuration, and manufacturing software (ICE or ICE Software) with in-house manufacturing of its prefabricated interior construction solutions and a distribution partner (DP) network. It offers services to various sectors which include healthcare, education, commercial, Government and other sectors. DIRTT operates its activity through the U.S. and Canada of which, the United States generates the majority of revenue.
Executives
Benjamin Nicholas Urban director, officer: Chief Executive Officer 7303 30 STREET S.E., CALGARY A0 T2C 1N6
Shaun Noll director 55 SPEAR STREET, 42ND FLOOR, SAN FRANCISCO CA 94101
Fareeha Khan officer: Chief Financial Officer 7303 30 STREET S.E., CALGARY A0 T2C 1N6
Kenneth D Sanders director 338 SPEAR STREET #31-C, SAN FRANCISCO CA 94105
Nandini Somayaji officer: See Remarks 7303 30 STREET S.E., CALGARY A0 T2C 1N6
Mark Greffen officer: See Remarks 7303 30 ST. S.E., CALGARY A0 T2C 1N6
Scott L Robinson director 3499 ROUTE 9 NORTH, SUITE 3C, FREEHOLD NJ 07728
Aron R. English director 1455 NW LEARY WAY, SUITE 400, SEATTLE WA 98107
Mitchell Cory director 1455 NW LEARY WAY, SUITE 400, SEATTLE WA 98107
Jeffery Dopheide officer: Chief Revenue Officer 7303 30 STREET S.E., CALGARY A0 T2C 1N6
Richard J Hunter officer: Chief Operating Officer 511 E JOHN CARPENTER FREEWAY, SUITE 600, IRVING TX 75062
Bradley Scott Little officer: Chief Financial Officer 7303 30 ST SE, CALGARY A0 T2C 1N6
Douglas A Edwards director 2218 ALTA AVE., LOUISVILLE KY 40205
Scott C Ryan director 4745 N. 7TH STREET, SUITE 310, PHOENIX AZ 85014
Mary Garden director 480 BROOKHAVEN RD, VICTORIA A1 V9E 2A5