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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.
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.
Dirtt Environmental Solutions Annual Data | |||||||||||||||||||||
Trend | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | Dec24 | |||||||||||
Total Inventories | Get a 7-Day Free Trial |
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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 |
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16.58 | 15.67 | 14.91 | 14.75 | 15.11 |
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.
Thank you for viewing the detailed overview of Dirtt Environmental Solutions's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.
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 |
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