Midwest Energy Emissions (TSXV:MEEC) Change In Inventory : C$0.31 Mil (TTM As of Mar. 2024)

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What is Midwest Energy Emissions Change In Inventory?

Midwest Energy Emissions's change in inventory for the quarter that ended in Mar. 2024 was C$0.13 Mil. It means Midwest Energy Emissions's inventory declined by C$0.13 Mil from Dec. 2023 to Mar. 2024 .

Midwest Energy Emissions's change in inventory for the fiscal year that ended in Dec. 2023 was C$0.26 Mil. It means Midwest Energy Emissions's inventory declined by C$0.26 Mil from Dec. 2022 to Dec. 2023 .

Midwest Energy Emissions's Total Inventories for the quarter that ended in Mar. 2024 was C$0.95 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Midwest Energy Emissions's Days Inventory for the quarter that ended in Mar. 2024 was 32.07.

Inventory Turnover measures how fast the company turns over its inventory within a year. Midwest Energy Emissions's Inventory Turnover for the quarter that ended in Mar. 2024 was 2.84.

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. Midwest Energy Emissions's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.21.

Midwest Energy Emissions Change In Inventory Historical Data

The historical data trend for Midwest Energy Emissions's Change In Inventory 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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Midwest Energy Emissions Change In Inventory Chart

Midwest Energy Emissions Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-0.01

-0.06

-0.66

0.11

0.26

Midwest Energy Emissions Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															0.09	0.05	0.12	0.01	0.13

Midwest Energy Emissions Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.31 Mil.

Midwest Energy Emissions (TSXV:MEEC) Change In Inventory Explanation

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

Midwest Energy Emissions's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	1.006	/	2.862	*	365 / 4
	=	32.07

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

Midwest Energy Emissions's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2.862	/	1.006
	=	2.84

3. 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.

Midwest Energy Emissions's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1.006	/	4.815
	=	0.21

Midwest Energy Emissions Change In Inventory Related Terms

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Midwest Energy Emissions (TSXV:MEEC) Business Description

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MEEC:USA

Address

1810 Jester Drive, Corsicana, TX, USA, 75109

Website

https://www.me2cenvironmental.com

Midwest Energy Emissions Corp. is an environmental services company. The company specializes in mercury emission control technologies, primarily for utility and industrial coal-fired units. It aims to deliver cost-effective mercury capture technologies to coal-fired power plants in the United States, Europe, and Asia. The group develops and deploys technologies to remove mercury emissions from coal-fired power plants. The company's products include Oxidizers, sorbents, and Scrubber Additive SA2. Geographically, all the activities function through the region of the United States and it achieves revenues from product sales, equipment sales, and demonstration and consulting services.