Delta CleanTech (XCNQ:DELT) Total Inventories : C$0.22 Mil (As of Sep. 2024)

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What is Delta CleanTech Total Inventories?

Delta CleanTech's total inventories for the quarter that ended in Sep. 2024 was C$0.22 Mil. Delta CleanTech's average total inventories from the quarter that ended in Jun. 2024 to the quarter that ended in Sep. 2024 was C$0.29 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Delta CleanTech's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was C$-0.01.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Delta CleanTech's Days Inventory for the three months ended in Sep. 2024 was 1,051.20.

Inventory Turnover measures how fast the company turns over its inventory within a year. Delta CleanTech's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.09.

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. Delta CleanTech's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.88.

Delta CleanTech Total Inventories Historical Data

The historical data trend for Delta CleanTech'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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Delta CleanTech Total Inventories Chart

Delta CleanTech Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Total Inventories

0.08

Delta CleanTech Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Total Inventories	Get a 7-Day Free Trial										-	0.08	0.38	0.35	0.22

Delta CleanTech 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.

Delta CleanTech (XCNQ:DELT) 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.

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

	Net-Net Working Capital Per Share (Q: Sep. 2024 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(0.037	+	0.75 * 0.351	+	0.5 * 0.222	-	1.393
-	0	-	-0.193)	/	115.073
=	-0.01

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

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

Days Inventory	=	Average Total Inventories (Q: Sep. 2024 )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
	=	0.288	/	0.025	*	365 / 4
	=	1,051.20

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

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

Inventory Turnover	=	Cost of Goods Sold (Q: Sep. 2024 )	/	Average Total Inventories (Q: Sep. 2024 )
	=	0.025	/	0.288
	=	0.09

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.

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

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2024 )	/	Revenue (Q: Sep. 2024 )
	=	0.288	/	0.326
	=	0.88

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.

Delta CleanTech Total Inventories Related Terms

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Delta CleanTech Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

DCTIF:USA 66C:Germany

Address

2308 Palisade Drive S.W., Calgary, AB, CAN, T2V 3V1

Website

https://www.deltacleantech.ca

Delta CleanTech Inc is a clean energy tech business. It is dedicated to providing clean technology solutions that address the environmental and social governance needs of corporations. The principal activity of Delta consists of CO2 capture, hydrogen production, solvent and ethanol purification, methane collection and destruction, and carbon credit certification and trading. The company operates in Canada which is also its key revenue generating market, Kazakhstan, and China.

Executives

Jeffrey Allison	Director
Jacelyn Case	Senior Officer

Delta CleanTech Headlines

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