Tower Resources (LSE:TRP) Change In Inventory : £0.00 Mil (TTM As of Jun. 2024)

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What is Tower Resources Change In Inventory?

Tower Resources's change in inventory for the quarter that ended in Jun. 2024 was £0.00 Mil. It means Tower Resources's inventory stayed the same from Dec. 2023 to Jun. 2024 .

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

Tower Resources's Total Inventories for the quarter that ended in Jun. 2024 was £0.00 Mil.

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

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

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.

Tower Resources Change In Inventory Historical Data

The historical data trend for Tower Resources'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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Tower Resources Change In Inventory Chart

Tower Resources Annual Data

Trend

Dec14

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Dec16

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Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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Tower Resources Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Tower Resources 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was £0.00 Mil.

Tower Resources (LSE:TRP) Change In Inventory Explanation

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

Tower Resources'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	/	0	*	365 / 2
	=	N/A

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

Tower Resources's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0	/	0
	=	N/A

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.

Tower Resources's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	0
	=	N/A

Tower Resources Change In Inventory Related Terms

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Tower Resources Business Description

Industry

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Address

134 Buckingham Palace Road, Westminster, London, GBR, SW1W 9SA

Website

https://www.towerresources.co.uk

Tower Resources PLC is a upstream oil and gas company. It is engaged in the exploration of oil and gas and has exploration projects in Cameroon, South Africa, Namibia and Western Sahara. It is an operator of international licenses with a focus on projects in Africa. The company has two reportable operating segments: Africa and Head Office.