Taseko Mines (LSE:TKO) Change In Inventory : £-6.0 Mil (TTM As of Mar. 2024)

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What is Taseko Mines Change In Inventory?

Taseko Mines's change in inventory for the quarter that ended in Mar. 2024 was £5.0 Mil. It means Taseko Mines's inventory declined by £5.0 Mil from Dec. 2023 to Mar. 2024 .

Taseko Mines's change in inventory for the fiscal year that ended in Dec. 2023 was £-14.1 Mil. It means Taseko Mines's inventory increased by £14.1 Mil from Dec. 2022 to Dec. 2023 .

Taseko Mines's Total Inventories for the quarter that ended in Mar. 2024 was £81.7 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Taseko Mines's Days Inventory for the quarter that ended in Mar. 2024 was 98.72.

Inventory Turnover measures how fast the company turns over its inventory within a year. Taseko Mines's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.92.

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. Taseko Mines's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.90.

Taseko Mines Change In Inventory Historical Data

The historical data trend for Taseko Mines'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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Taseko Mines Change In Inventory Chart

Taseko Mines Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-2.69

-6.56

-9.82

-8.48

-14.12

Taseko Mines 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															-3.38	-2.21	-13.03	4.22	5.04

Taseko Mines 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 £-6.0 Mil.

Taseko Mines (LSE:TKO) Change In Inventory Explanation

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

Taseko Mines's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	77.0715	/	71.239	*	365 / 4
	=	98.72

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

Taseko Mines's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	71.239	/	77.0715
	=	0.92

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.

Taseko Mines's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	77.0715	/	85.437
	=	0.90

Taseko Mines Change In Inventory Related Terms

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Taseko Mines (LSE:TKO) Business Description

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TGB:USA UDM:Germany TKO:Canada

Address

1040 West Georgia Street, 12th Floor, Vancouver, BC, CAN, V6E 4H1

Website

https://www.tasekomines.com

Taseko Mines Ltd is a Canadian mining company. It is principally engaged in the production and sale of metals, as well as related activities, including exploration and mine development, within the province of British Columbia, Canada, and the State of Arizona, the United States. The Gibraltar, Aley, New Prosperity, and Harmony properties are located in British Columbia whereas Florence copper is in central Arizona.