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Questor Technology (Questor Technology) Total Inventories : $0.26 Mil (As of Dec. 2023)


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What is Questor Technology Total Inventories?

Questor Technology's total inventories for the quarter that ended in Dec. 2023 was $0.26 Mil. Questor Technology's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $0.40 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Questor Technology's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $0.29.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Questor Technology's Days Inventory for the three months ended in Dec. 2023 was 69.87.

Inventory Turnover measures how fast the company turns over its inventory within a year. Questor Technology's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.31.

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. Questor Technology's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.37.


Questor Technology Total Inventories Historical Data

The historical data trend for Questor Technology'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.

Questor Technology Total Inventories Chart

Questor Technology Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.65 1.51 0.93 1.20 0.26

Questor Technology Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.20 1.07 1.08 0.55 0.26

Questor Technology 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.


Questor Technology  (OTCPK:QUTIF) 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.

Questor Technology's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

Net-Net Working Capital Per Share (Q: Dec. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(9.325+0.75 * 0.873+0.5 * 0.262-2.063
-0-0)/28.0372
=0.29

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

Questor Technology's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=0.4035/0.527*365 / 4
=69.87

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

Questor Technology's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=0.527 / 0.4035
=1.31

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.

Questor Technology's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=0.4035 / 1.077
=0.37

* 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.


Questor Technology Total Inventories Related Terms

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Questor Technology (Questor Technology) Business Description

Traded in Other Exchanges
Address
140 - 4 Avenue S.W., Suite 2240, Calgary, AB, CAN, T2P 3N3
Questor Technology Inc is focused on clean air technologies that safely and cost-effectively improve air quality, support energy efficiency, and greenhouse gas emissions reductions. The company designs, manufactures, and services high-efficiency waste gas combustion systems. Its combustion technology is utilized in the effective management of Methane, Hydrogen Sulfide gas, Volatile Organic Hydrocarbons, Hazardous Air Pollutants, and BTEX gases ensuring sustainable development, community acceptance, and regulatory compliance. It has developed heat-to-power generation technology and is marketing its solutions to various markets including landfill biogas, syngas, waste engine exhaust, geothermal and solar, cement plant waste heat in addition to a wide variety of oil and gas projects.

Questor Technology (Questor Technology) Headlines

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