Delta CleanTech (XCNQ:DELT) Change In Inventory : C$0.00 Mil (TTM As of Dec. 2023)

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What is Delta CleanTech Change In Inventory?

Delta CleanTech's change in inventory for the quarter that ended in Dec. 2023 was C$0.00 Mil. It means Delta CleanTech's inventory stayed the same from Sep. 2023 to Dec. 2023 .

Delta CleanTech's change in inventory for the fiscal year that ended in Dec. 2023 was C$-0.08 Mil. It means Delta CleanTech's inventory increased by C$0.08 Mil from Dec. 2022 to Dec. 2023 .

Delta CleanTech's Total Inventories for the quarter that ended in Dec. 2023 was C$0.08 Mil.

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 quarter that ended in Dec. 2023 was 39.61.

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 Dec. 2023 was 2.30.

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 Dec. 2023 was 0.31.

Delta CleanTech Change In Inventory Historical Data

The historical data trend for Delta CleanTech'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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Delta CleanTech Change In Inventory Chart

Delta CleanTech Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Change In Inventory

-0.08

Delta CleanTech Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Inventory	Get a 7-Day Free Trial							-	-	-	-	-

Delta CleanTech 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.00 Mil.

Delta CleanTech (XCNQ:DELT) Change In Inventory Explanation

1. 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 quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0.0395	/	0.091	*	365 / 4
	=	39.61

2. 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 Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.091	/	0.0395
	=	2.30

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.

Delta CleanTech's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.0395	/	0.127
	=	0.31

Delta CleanTech Change In Inventory Related Terms

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Delta CleanTech (XCNQ:DELT) Business Description

Industry

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DCTIF:USA

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 four pillars namely CO2 capture, hydrogen production, solvent and ethanol purification, and carbon credit certification and trading. The Company operates in Canada, the United States, United Arab Emirates, Kazakhstan, and China.

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