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Delta CleanTech (XCNQ:DELT) Inventory-to-Revenue : 0.62 (As of Dec. 2023)


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What is Delta CleanTech Inventory-to-Revenue?

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 Average Total Inventories for the quarter that ended in Dec. 2023 was C$0.08 Mil. Delta CleanTech's Revenue for the three months ended in Dec. 2023 was C$0.13 Mil. Delta CleanTech's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.62.

Delta CleanTech's Inventory-to-Revenue for the quarter that ended in Dec. 2023 increased from Sep. 2023 (0.00) to Sep. 2023 (0.62)

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

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 Dec. 2023 was 79.22.

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 1.15.


Delta CleanTech Inventory-to-Revenue Historical Data

The historical data trend for Delta CleanTech's Inventory-to-Revenue 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.

Delta CleanTech Inventory-to-Revenue Chart

Delta CleanTech Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
- - - 0.08

Delta CleanTech Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Inventory-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - 0.62

Competitive Comparison of Delta CleanTech's Inventory-to-Revenue

For the Pollution & Treatment Controls subindustry, Delta CleanTech's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Delta CleanTech's Inventory-to-Revenue Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Delta CleanTech's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Delta CleanTech's Inventory-to-Revenue falls into.



Delta CleanTech Inventory-to-Revenue Calculation

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 fiscal year that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (A: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )
=( (0 + 0.079) / 1 ) / 1.032
=0.079 / 1.032
=0.08

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

Inventory-to-Revenue (Q: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Revenue (Q: Dec. 2023 )
=( (0 + 0.079) / 1 ) / 0.127
=0.079 / 0.127
=0.62

* 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.


Delta CleanTech  (XCNQ:DELT) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

More Related Terms:

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 three months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=0.079/0.091*365 / 4
=79.22

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 (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=0.091 / 0.079
=1.15

* 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.


Delta CleanTech Inventory-to-Revenue Related Terms

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Delta CleanTech (XCNQ:DELT) Business Description

Traded in Other Exchanges
Address
2308 Palisade Drive S.W., Calgary, AB, CAN, T2V 3V1
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.

Delta CleanTech (XCNQ:DELT) Headlines

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