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Tartana Minerals (ASX:TAT) Inventory-to-Revenue : 0.16 (As of Dec. 2023)


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What is Tartana Minerals Inventory-to-Revenue?

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. Tartana Minerals's Average Total Inventories for the quarter that ended in Dec. 2023 was A$0.21 Mil. Tartana Minerals's Revenue for the six months ended in Dec. 2023 was A$1.35 Mil. Tartana Minerals's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.16.

Tartana Minerals's Inventory-to-Revenue for the quarter that ended in Dec. 2023 increased from Jun. 2023 (0.03) to Jun. 2023 (0.16)

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tartana Minerals's Days Inventory for the six months ended in Dec. 2023 was 42.46.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tartana Minerals's Inventory Turnover for the quarter that ended in Dec. 2023 was 4.30.


Tartana Minerals Inventory-to-Revenue Historical Data

The historical data trend for Tartana Minerals's Inventory-to-Revenue 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.

* Premium members only.

Tartana Minerals Inventory-to-Revenue Chart

Tartana Minerals Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.02 0.02

Tartana Minerals Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Inventory-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.04 0.08 0.05 0.03 0.16

Competitive Comparison of Tartana Minerals's Inventory-to-Revenue

For the Other Industrial Metals & Mining subindustry, Tartana Minerals's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Tartana Minerals's Inventory-to-Revenue Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Tartana Minerals's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Tartana Minerals's Inventory-to-Revenue falls into.



Tartana Minerals Inventory-to-Revenue Calculation

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.

Tartana Minerals's Inventory-to-Revenue for the fiscal year that ended in Jun. 2023 is calculated as

Inventory-to-Revenue (A: Jun. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Jun. 2022 ) + Total Inventories (A: Jun. 2023 )) / count ) / Revenue (A: Jun. 2023 )
=( (0.176 + 0.176) / 2 ) / 8.798
=0.176 / 8.798
=0.02

Tartana Minerals's Inventory-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (Q: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Revenue (Q: Dec. 2023 )
=( (0.176 + 0.247) / 2 ) / 1.351
=0.2115 / 1.351
=0.16

* 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.


Tartana Minerals  (ASX:TAT) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

More Related Terms:

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

Tartana Minerals's Days Inventory for the six months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=0.2115/0.909*365 / 2
=42.46

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

Tartana Minerals's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=0.909 / 0.2115
=4.30

* 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.


Tartana Minerals Inventory-to-Revenue Related Terms

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Tartana Minerals (ASX:TAT) Business Description

Traded in Other Exchanges
N/A
Address
169 Blues Point Road, Level 2, North Sydney, NSW, AUS, 2060
R3D Resources Ltd is engaged in the exploration, development, and production of copper and gold in Queensland and Tasmania. Some of its projects include Tartana Copper and Zinc Project in Northern Queensland; Zeehan Zinc Slag Project in Western Tasmania; Mt Hess Copper-Gold Project - Queensland and others.