FormerXBC Inc XEBEQ

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Xebec Adsorption Inc designs, engineers, and manufactures products that are used for purification, separation, dehydration, and filtration equipment for gases and compressed air. The company operates in three reportable segments: Systems, Corporate and other, and Support. Its product lines are natural gas dryers for natural gas refueling stations, compressed gas filtration, biogas purification, associated gas, engineering services, and air dryers. The company's geographical segments are United States, Canada, China, Other, Korea, Italy, and France.

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FormerXBC Inc > Margins

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Comment by kulewateron Oct 28, 2021 8:15pm

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Post# 34061397

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Margins

Okay.. I understand what you are saying. Effecitevely balance sheet item vs income statement item. I do agree the supplies are on hand. Thanks for the civil discourse. :)

kulewater wrote: Just so I understand your position.

How do you account for the added inventory without assigning a value?

With all due respect Kulewater -gwalker is correct. When you purchase materials they get put in inventory not expensed. As you build the BGX unit, items such as direct labour and overhead associated with the unit get put in inventory. When you sell the unit they all flow through cost of sales and are expensed. Sorry if i misinterpreted what yor saying but understand that buying materials is not an expense. Just uses cash up front.