Tidewater Midstream and Infrastructure (TSX:TWM) Change In Inventory : C$0 Mil (TTM As of Dec. 2023)

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What is Tidewater Midstream and Infrastructure Change In Inventory?

Tidewater Midstream and Infrastructure's change in inventory for the quarter that ended in Dec. 2023 was C$0 Mil. It means Tidewater Midstream and Infrastructure's inventory stayed the same from Sep. 2023 to Dec. 2023 .

Tidewater Midstream and Infrastructure's change in inventory for the fiscal year that ended in Dec. 2023 was C$-37 Mil. It means Tidewater Midstream and Infrastructure's inventory increased by C$37 Mil from Dec. 2022 to Dec. 2023 .

Tidewater Midstream and Infrastructure's Total Inventories for the quarter that ended in Dec. 2023 was C$98 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tidewater Midstream and Infrastructure's Days Inventory for the quarter that ended in Dec. 2023 was 13.72.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tidewater Midstream and Infrastructure's Inventory Turnover for the quarter that ended in Dec. 2023 was 6.65.

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. Tidewater Midstream and Infrastructure's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.15.

Tidewater Midstream and Infrastructure Change In Inventory Historical Data

The historical data trend for Tidewater Midstream and Infrastructure'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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Tidewater Midstream and Infrastructure Change In Inventory Chart

Tidewater Midstream and Infrastructure Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-24.49

5.86

-18.00

-7.70

-37.30

Tidewater Midstream and Infrastructure 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															-5.08	-	-	-	-

Tidewater Midstream and Infrastructure 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 C$0 Mil.

Tidewater Midstream and Infrastructure (TSX:TWM) Change In Inventory Explanation

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

Tidewater Midstream and Infrastructure's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	75.4	/	501.5	*	365 / 4
	=	13.72

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

Tidewater Midstream and Infrastructure's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	501.5	/	75.4
	=	6.65

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.

Tidewater Midstream and Infrastructure's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	75.4	/	503
	=	0.15

Tidewater Midstream and Infrastructure Change In Inventory Related Terms

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Tidewater Midstream and Infrastructure (TSX:TWM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Tidewater Midstream and Infrastructure Ltd (TSX:TWM) » Definitions » Change In Inventory

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Traded in Other Exchanges

TWMIF:USA TL5:Germany

Address

222 - 3rd Avenue SW, Suite 900, Calgary, AB, CAN, T2P 0B4

Website

https://www.tidewatermidstream.com

Tidewater Midstream and Infrastructure Ltd is a Canadian company that is engaged in providing midstream infrastructure and a natural gas storage facility. It mainly focuses on the purchase, sale, and transportation of Natural Gas Liquids (NGLs) such as propane and natural gasoline throughout North America and export to premium markets. The business activities of the company include gathering, processing, and transportation relates to raw gas gathering systems, processing plants and pipelines, NGL marketing and Extraction, refined products, and other activities. Its business segments consist of Midstream; Downstream; Marketing and others. The company generates maximum revenue from the Marketing and other.

Tidewater Midstream and Infrastructure (TSX:TWM) Headlines

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