Tungsten West (LSE:TUN) Change In Inventory : £0.04 Mil (TTM As of Sep. 2023)

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What is Tungsten West Change In Inventory?

Tungsten West's change in inventory for the quarter that ended in Sep. 2023 was £0.08 Mil. It means Tungsten West's inventory declined by £0.08 Mil from Mar. 2023 to Sep. 2023 .

Tungsten West's change in inventory for the fiscal year that ended in Mar. 2023 was £0.04 Mil. It means Tungsten West's inventory declined by £0.04 Mil from Mar. 2022 to Mar. 2023 .

Tungsten West's Total Inventories for the quarter that ended in Sep. 2023 was £0.03 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tungsten West's Days Inventory for the quarter that ended in Sep. 2023 was 16.82.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tungsten West's Inventory Turnover for the quarter that ended in Sep. 2023 was 10.85.

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. Tungsten West's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.10.

Tungsten West Change In Inventory Historical Data

The historical data trend for Tungsten West'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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Tungsten West Change In Inventory Chart

Tungsten West Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Change In Inventory

-0.16

0.04

Tungsten West Semi-Annual Data
	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Change In Inventory	Get a 7-Day Free Trial			-	-	0.09	-0.04	0.08

Tungsten West 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 Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £0.04 Mil.

Tungsten West (LSE:TUN) Change In Inventory Explanation

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

Tungsten West's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0.072	/	0.781	*	365 / 2
	=	16.82

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

Tungsten West's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.781	/	0.072
	=	10.85

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.

Tungsten West's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.072	/	0.722
	=	0.10

Tungsten West Change In Inventory Related Terms

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Tungsten West (LSE:TUN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Tungsten West PLC (LSE:TUN) » Definitions » Change In Inventory

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Traded in Other Exchanges

540:Germany

Address

Hemerdon Mine, Drakelands, Plympton, Plymouth, Devon, GBR, PL7 5BS

Website

https://www.tungstenwest.com

Tungsten West PLC owns and operates historical Hemerdon tungsten and tin mine located near Plymouth in southern Devon, England. It has a compliant Mineral Resource of approximately 325Mt at 0.12 per cent. WO3. The company's main country of operation is the United Kingdom.

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