Tan Delta Systems (LSE:TAND) Change In Inventory : £-0.04 Mil (TTM As of Dec. 2023)

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What is Tan Delta Systems Change In Inventory?

Tan Delta Systems's change in inventory for the quarter that ended in Dec. 2023 was £0.00 Mil. It means Tan Delta Systems's inventory stayed the same from Jun. 2023 to Dec. 2023 .

Tan Delta Systems's change in inventory for the fiscal year that ended in Dec. 2023 was £-0.13 Mil. It means Tan Delta Systems's inventory increased by £0.13 Mil from Dec. 2022 to Dec. 2023 .

Tan Delta Systems's Total Inventories for the quarter that ended in Dec. 2023 was £0.37 Mil.

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

Inventory Turnover measures how fast the company turns over its inventory within a year. Tan Delta Systems's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.00.

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.

Tan Delta Systems Change In Inventory Historical Data

The historical data trend for Tan Delta Systems'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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Tan Delta Systems Change In Inventory Chart

Tan Delta Systems Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Change In Inventory

0.03

-0.04

-0.19

-0.13

Tan Delta Systems Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Inventory	Get a 7-Day Free Trial			-	-0.14	-0.05	0.01	-

Tan Delta Systems 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 semi-annually data reported by the company within the most recent 12 months, which was £-0.04 Mil.

Tan Delta Systems (LSE:TAND) Change In Inventory Explanation

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

Tan Delta Systems's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0.297	/	0	*	365 / 2
	=	N/A

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

Tan Delta Systems's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0	/	0.297
	=	0.00

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.297	/	0
	=	N/A

Tan Delta Systems Change In Inventory Related Terms

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Tan Delta Systems (LSE:TAND) Business Description

Industry

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Traded in Other Exchanges

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Address

Church Lane, 1 Carrera Court, Dinnington, Sheffield, GBR, S25 2RG

Website

https://www.tandeltasystems.com

Tan Delta Systems plc develops advanced real-time oil analysis and analytic technologies and products with unique capabilities that enable equipment operators to significantly reduce operating costs, improve efficiency and reduce carbon footprint. It develops all its core technologies and products in-house, with manufacturing undertaken by its carefully selected manufacturing partners with whom its dedicated production QA department works. The company operates on a global scale with customers ranging from the largest engine manufacturers to small single equipment operators, from North America and Australia to Chile, India, Russia and Finland. Its products include Sensors, Kits, Display solutions, Gateways & modems and Accessories & services.

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