Titan Oil & Gas (Titan Oil & Gas) Change In Inventory : $0.00 Mil (TTM As of May. 2013)

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What is Titan Oil & Gas Change In Inventory?

Titan Oil & Gas's change in inventory for the quarter that ended in May. 2013 was $0.00 Mil. It means Titan Oil & Gas's inventory stayed the same from Feb. 2013 to May. 2013 .

Titan Oil & Gas's change in inventory for the fiscal year that ended in Aug. 2012 was $0.00 Mil. It means Titan Oil & Gas's inventory stayed the same from Aug. 2011 to Aug. 2012 .

Titan Oil & Gas's Total Inventories for the quarter that ended in May. 2013 was $0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Titan Oil & Gas's Days Inventory for the quarter that ended in May. 2013 was 0.00.

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

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. Titan Oil & Gas's Inventory-to-Revenue for the quarter that ended in May. 2013 was 0.00.

Titan Oil & Gas Change In Inventory Historical Data

The historical data trend for Titan Oil & Gas'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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Titan Oil & Gas Change In Inventory Chart

Titan Oil & Gas Annual Data

Trend

Aug09

Aug10

Aug11

Aug12

Change In Inventory

Titan Oil & Gas Quarterly Data
	Nov08	Feb09	May09	Aug09	Nov09	Feb10	May10	Aug10	Nov10	Feb11	May11	Aug11	Nov11	Feb12	May12	Aug12	Nov12	Feb13	May13
Change In Inventory	Get a 7-Day Free Trial														-	-	-	-	-

Titan Oil & Gas 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 May. 2013 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

Titan Oil & Gas (GREY:TNGS) Change In Inventory Explanation

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

Titan Oil & Gas'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	/	0.014	*	365 / 4
	=	0.00

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

Titan Oil & Gas's Inventory Turnover for the quarter that ended in May. 2013 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.014	/	0
	=	N/A

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.

Titan Oil & Gas's Inventory to Revenue for the quarter that ended in May. 2013 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	0.012
	=	0.00

Titan Oil & Gas Change In Inventory Related Terms

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Titan Oil & Gas (Titan Oil & Gas) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Titan Oil & Gas Inc (GREY:TNGS) » Definitions » Change In Inventory

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Traded in Other Exchanges

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Address

7251 West Lake Mead Boulevard, Suite 300, Las Vegas, NV, USA, 89128

Website

http://www.titanoilgas.com

Titan Oil & Gas Inc is an is an exploration stage company. It is engaged in the acquisition, exploration and development of oil and gas properties.

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