Corsa Coal (TSXV:CSO) Change In Inventory : C$0.2 Mil (TTM As of Mar. 2024)

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What is Corsa Coal Change In Inventory?

Corsa Coal's change in inventory for the quarter that ended in Mar. 2024 was C$-2.6 Mil. It means Corsa Coal's inventory increased by C$2.6 Mil from Dec. 2023 to Mar. 2024 .

Corsa Coal's change in inventory for the fiscal year that ended in Dec. 2023 was C$2.1 Mil. It means Corsa Coal's inventory declined by C$2.1 Mil from Dec. 2022 to Dec. 2023 .

Corsa Coal's Total Inventories for the quarter that ended in Mar. 2024 was C$12.9 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Corsa Coal's Days Inventory for the quarter that ended in Mar. 2024 was 18.49.

Inventory Turnover measures how fast the company turns over its inventory within a year. Corsa Coal's Inventory Turnover for the quarter that ended in Mar. 2024 was 4.94.

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. Corsa Coal's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.23.

Corsa Coal Change In Inventory Historical Data

The historical data trend for Corsa Coal'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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Corsa Coal Change In Inventory Chart

Corsa Coal Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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3.10

1.43

-0.13

-0.41

2.05

Corsa Coal 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															-0.64	-0.97	2.79	0.89	-2.56

Corsa Coal 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 C$0.2 Mil.

Corsa Coal (TSXV:CSO) Change In Inventory Explanation

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

Corsa Coal's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	11.4385	/	56.458	*	365 / 4
	=	18.49

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	56.458	/	11.4385
	=	4.94

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	11.4385	/	48.713
	=	0.23

Corsa Coal Change In Inventory Related Terms

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Corsa Coal (TSXV:CSO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Corsa Coal Corp (TSXV:CSO) » Definitions » Change In Inventory

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CRSXF:USA

Address

1576 Stoystown Road, PO Box 260, Friedens, PA, USA, 15541

Website

https://www.corsacoal.com

Corsa Coal Corp is a coal mining company focused on the production and sales of metallurgical coal, an essential ingredient in the production of steel. Its core business is producing and selling metallurgical coal to domestic and international steel and coke producers in the Atlantic and Pacific basin markets. Its segments are Northern Appalachia (NAPP) and the company's corporate office. NAPP is a distinct operating segment based on its metallurgical coal operations and location in the U.S. along the Northern Appalachia coal belt. The company's corporate office provides support and manages the mining investments.

Executives

Alan Michael De'ath

Director

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