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Green Impact Partners (TSXV:GIP) Total Inventories : C$1.5 Mil (As of Sep. 2023)


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What is Green Impact Partners Total Inventories?

Green Impact Partners's total inventories for the quarter that ended in Sep. 2023 was C$1.5 Mil. Green Impact Partners's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Sep. 2023 was C$1.3 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Green Impact Partners's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was C$-3.98.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Green Impact Partners's Days Inventory for the three months ended in Sep. 2023 was 2.80.

Inventory Turnover measures how fast the company turns over its inventory within a year. Green Impact Partners's Inventory Turnover for the quarter that ended in Sep. 2023 was 32.63.

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. Green Impact Partners's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.03.


Green Impact Partners Total Inventories Historical Data

The historical data trend for Green Impact Partners'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.

Green Impact Partners Total Inventories Chart

Green Impact Partners Annual Data
Trend Dec20 Dec21 Dec22
Total Inventories
0.89 1.04 2.07

Green Impact Partners Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 1.46 2.07 1.96 1.21 1.46

Green Impact Partners 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.


Green Impact Partners  (TSXV:GIP) 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.

Green Impact Partners's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2023 is

Net-Net Working Capital Per Share (Q: Sep. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1.295+0.75 * 4.589+0.5 * 1.46-73.307
-0-13.667)/20.492
=-3.98

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

Green Impact Partners's Days Inventory for the three months ended in Sep. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2023 )/Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=1.3365/43.615*365 / 4
=2.80

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

Green Impact Partners's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2023 ) / Average Total Inventories (Q: Sep. 2023 )
=43.615 / 1.3365
=32.63

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.

Green Impact Partners's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=1.3365 / 46.141
=0.03

* 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.


Green Impact Partners Total Inventories Related Terms

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Green Impact Partners (TSXV:GIP) Business Description

Traded in Other Exchanges
Address
2207 - 4th Street S.W., Suite 400, Calgary, AB, CAN, T2S 1X1
Green Impact Partners Inc is a clean energy company with an operating portfolio of water and solids treatment and recycling facilities in North America. The company also has a portfolio of renewable natural gas and clean energy development projects. Its services include water and solids recycling management, disposal services, and energy product optimization services. Its operating segments are Water and Industrial, and Energy Production. The Water and Industrial segment consists of water, waste, and solids disposal and recycling services as well as other marketing operations. The Energy Production segment is currently comprised of multiple pre-production renewable energy projects.

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