TransAtlantic Petroleum (TransAtlantic Petroleum) Inventory Turnover : 1.52 (As of Sep. 2020)

TransAtlantic Petroleum Inventory Turnover Chart

TransAtlantic Petroleum Annual Data
	Trend	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19
Inventory Turnover		Get a 7-Day Free Trial					-	12.56	5.34	4.66	4.90

TransAtlantic Petroleum Quarterly Data
	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20
Inventory Turnover	Get a 7-Day Free Trial															1.57	1.29	1.41	1.67	1.52

TransAtlantic Petroleum Inventory Turnover Calculation

TransAtlantic Petroleum's Inventory Turnover for the fiscal year that ended in Dec. 2019 is calculated as

TransAtlantic Petroleum's Inventory Turnover for the quarter that ended in Sep. 2020 is calculated as

* 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.

TransAtlantic Petroleum  (AMEX:TAT) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

TransAtlantic Petroleum's Days Inventory for the three months ended in Sep. 2020 is calculated as:

2. 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.

TransAtlantic Petroleum's Inventory to Revenue for the quarter that ended in Sep. 2020 is calculated as

* 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.

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

TransAtlantic Petroleum Inventory Turnover Related Terms

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TransAtlantic Petroleum (TransAtlantic Petroleum) Business Description