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Spartan Delta (TSX:SDE) Total Inventories : C$0.0 Mil (As of Jun. 2024)


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What is Spartan Delta Total Inventories?

Spartan Delta's total inventories for the quarter that ended in Jun. 2024 was C$0.0 Mil. Spartan Delta's average total inventories from the quarter that ended in Mar. 2024 to the quarter that ended in Jun. 2024 was C$0.0 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Spartan Delta's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was C$-2.30.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Spartan Delta's Days Inventory for the three months ended in Jun. 2024 was 0.00.

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

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. Spartan Delta's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.00.


Spartan Delta Total Inventories Historical Data

The historical data trend for Spartan Delta'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.

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Spartan Delta Total Inventories Chart

Spartan Delta Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
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Spartan Delta Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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Spartan Delta 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.


Spartan Delta  (TSX:SDE) 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.

Spartan Delta's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2024 is

Net-Net Working Capital Per Share (Q: Jun. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.61+0.75 * 35.38+0.5 * 0-425.442
-0-0)/173.201
=-2.30

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

Spartan Delta's Days Inventory for the three months ended in Jun. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Jun. 2024 )/Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=0/36.429*365 / 4
=0.00

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

Spartan Delta's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jun. 2024 ) / Average Total Inventories (Q: Jun. 2024 )
=36.429 / 0
=N/A

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.

Spartan Delta's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=0 / 75.268
=0.00

* 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.


Spartan Delta Total Inventories Related Terms

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Spartan Delta Business Description

Traded in Other Exchanges
Address
308 - 4th Avenue South West, Suite 1500, Calgary, AB, CAN, T2P 0H7
Spartan Delta Corp is an oil and gas exploration and production company. It is engaged in the exploration, development, and production of crude oil and natural gas properties in western Canada. It operates and focuses its activities on Peace River Arch and Central Alberta.
Executives
Martin Malek Senior Officer
Fotis Kalantzis Director, Senior Officer
Kevin Overstrom Director
Donald Archibald Director
Tamara Macdonald Director
Geraldine Louise Greenall Senior Officer
Ashley Dawn Hohm Senior Officer
Craig Christopher Martin Senior Officer
Brendan Archibald Paton Senior Officer
Randy Murray Berg Senior Officer
Reginald James Greenslade Director
Richard Francis Mchardy Director
Thanos Athanassios Natras Senior Officer
Elliot Weissbluth Director
Mark Alan Hodgson Senior Officer