Touchstone Exploration (Touchstone Exploration) Change In Inventory : $0.00 Mil (TTM As of Dec. 2023)

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What is Touchstone Exploration Change In Inventory?

Touchstone Exploration's change in inventory for the quarter that ended in Dec. 2023 was $0.00 Mil. It means Touchstone Exploration's inventory stayed the same from Sep. 2023 to Dec. 2023 .

Touchstone Exploration's change in inventory for the fiscal year that ended in Dec. 2023 was $0.00 Mil. It means Touchstone Exploration's inventory stayed the same from Dec. 2022 to Dec. 2023 .

Touchstone Exploration's Total Inventories for the quarter that ended in Dec. 2023 was $0.09 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Touchstone Exploration's Days Inventory for the quarter that ended in Dec. 2023 was 1.28.

Inventory Turnover measures how fast the company turns over its inventory within a year. Touchstone Exploration's Inventory Turnover for the quarter that ended in Dec. 2023 was 71.29.

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. Touchstone Exploration's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.00.

Touchstone Exploration Change In Inventory Historical Data

The historical data trend for Touchstone Exploration'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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Touchstone Exploration Change In Inventory Chart

Touchstone Exploration Annual Data

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Change In Inventory

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Touchstone Exploration Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Touchstone Exploration 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

Touchstone Exploration (OTCPK:PBEGF) Change In Inventory Explanation

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

Touchstone Exploration's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0.0885	/	6.309	*	365 / 4
	=	1.28

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	6.309	/	0.0885
	=	71.29

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.

Touchstone Exploration's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.0885	/	20.768
	=	0.00

Touchstone Exploration Change In Inventory Related Terms

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Touchstone Exploration (Touchstone Exploration) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Touchstone Exploration Inc (OTCPK:PBEGF) » Definitions » Change In Inventory

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TXP:UK PNW1:Germany TXP:Canada

Address

350 - 7th Avenue SW, Suite 4100, Calgary, AB, CAN, T2P 3N9

Website

https://www.touchstoneexploration.com

Touchstone Exploration Inc is an international upstream oil and gas company currently active in the Republic of Trinidad and Tobago. It is primarily engaged in the exploration and the acquisition, development, and production of hydrocarbons in onshore reservoirs in Trinidad. The company holds interests in producing and exploration properties in southern Trinidad, which is approximately 90,000 gross acres of exploration and development rights. Its core focus is on developing production on its four onshore lease operatorship properties (Coora Block 1 & 2, WD-4 & WD-8) and its Fyzabad onshore property.