Vertex Resource Group (TSXV:VTX) Total Inventories : C$4.0 Mil (As of Dec. 2024)

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What is Vertex Resource Group Total Inventories?

Vertex Resource Group's total inventories for the quarter that ended in Dec. 2024 was C$4.0 Mil. Vertex Resource Group's average total inventories from the quarter that ended in Sep. 2024 to the quarter that ended in Dec. 2024 was C$4.0 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Vertex Resource Group's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was C$-1.02.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Vertex Resource Group's Days Inventory for the three months ended in Dec. 2024 was 8.82.

Inventory Turnover measures how fast the company turns over its inventory within a year. Vertex Resource Group's Inventory Turnover for the quarter that ended in Dec. 2024 was 10.35.

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. Vertex Resource Group's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.07.

Vertex Resource Group Total Inventories Historical Data

The historical data trend for Vertex Resource Group'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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Vertex Resource Group Total Inventories Chart

Vertex Resource Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Total Inventories

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3.28

4.24

4.40

4.21

3.99

Vertex Resource Group 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															4.21	4.24	4.41	4.10	3.99

Vertex Resource Group 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.

Vertex Resource Group (TSXV:VTX) 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.

Vertex Resource Group'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)
=	(11.628	+	0.75 * 40.129	+	0.5 * 3.985	-	157.456
-	0	-	0)	/	112.027
=	-1.02

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

Vertex Resource Group'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
	=	4.0415	/	41.836	*	365 / 4
	=	8.82

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

Vertex Resource Group'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 )
	=	41.836	/	4.0415
	=	10.35

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.

Vertex Resource Group'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 )
	=	4.0415	/	54.696
	=	0.07

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.

Vertex Resource Group Total Inventories Related Terms

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Vertex Resource Group Business Description

Industry

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VTXGF:USA 4X8:Germany

Address

161, 2055 Premier Way, Sherwood Park, AB, CAN, T8H 0G2

Website

https://www.vertex.ca

Vertex Resource Group Ltd provides environmental consulting and support services to a diverse clientele across Canada and in select locations in the United States. The Company serves a diverse customer base operating in industries including energy, mining, utilities, private development, public infrastructure, telecommunications, forestry, agriculture, and government. It has two reportable segments: environmental services and engineering and environmental consulting services.

Executives

Sherry Ann Bielopotocky	Senior Officer
Paul Douglas Blenkhorn	Senior Officer
Howard Lynn Start	Senior Officer
Derek Jon Proctor	Deemed Insider - 6 Months before becoming Insider
Terry Allan Stephenson	10% Security Holder, Director, Senior Officer
32 Degrees Capital Advisor Ltd.	10 percent owner
Christopher Challis	Senior Officer
Jason John Clemett	10% Security Holder
Deon Walsh	Senior Officer
Imran Ashbeen Ally	Senior Officer
Michael Milan Zvonkovic	Senior Officer

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