Tantalex Lithium Resources (STU:DW8) Change In Inventory : €0.20 Mil (TTM As of Aug. 2024)

View and export this data going back to 2018. Start your Free Trial

What is Tantalex Lithium Resources Change In Inventory?

Tantalex Lithium Resources's change in inventory for the quarter that ended in Aug. 2024 was €-0.04 Mil. It means Tantalex Lithium Resources's inventory increased by €0.04 Mil from May. 2024 to Aug. 2024 .

Tantalex Lithium Resources's change in inventory for the fiscal year that ended in Feb. 2024 was €-0.31 Mil. It means Tantalex Lithium Resources's inventory increased by €0.31 Mil from Feb. 2023 to Feb. 2024 .

Tantalex Lithium Resources's Total Inventories for the quarter that ended in Aug. 2024 was €0.10 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tantalex Lithium Resources's Days Inventory for the quarter that ended in Aug. 2024 was 371.52.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tantalex Lithium Resources's Inventory Turnover for the quarter that ended in Aug. 2024 was 0.25.

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. Tantalex Lithium Resources's Inventory-to-Revenue for the quarter that ended in Aug. 2024 was 1.06.

Tantalex Lithium Resources Change In Inventory Historical Data

The historical data trend for Tantalex Lithium 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.

* Premium members only.

Tantalex Lithium Resources Change In Inventory Chart

Tantalex Lithium Resources Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Change In Inventory

Get a 7-Day Free Trial

-0.31

Tantalex Lithium Resources Quarterly Data
	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24
Change In Inventory	Get a 7-Day Free Trial															-	-	-	0.24	-0.04

Tantalex Lithium 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 Aug. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €0.20 Mil.

Tantalex Lithium Resources (STU:DW8) Change In Inventory Explanation

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

Tantalex Lithium 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
	=	0.0855	/	0.021	*	365 / 4
	=	371.52

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

Tantalex Lithium Resources's Inventory Turnover for the quarter that ended in Aug. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.021	/	0.0855
	=	0.25

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.

Tantalex Lithium Resources's Inventory to Revenue for the quarter that ended in Aug. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.0855	/	0.081
	=	1.06

Tantalex Lithium Resources Change In Inventory Related Terms

Thank you for viewing the detailed overview of Tantalex Lithium Resources's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Tantalex Lithium Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Tantalex Lithium Resources Corp (STU:DW8) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

TTLXF:USA TTX:Canada

Address

120 Adelaide Street West, Suite 1410, Toronto, ON, CAN, M5H 1T1

Website

https://www.tantalexlithium.com

Tantalex Lithium Resources Corp is a mining exploration and development company. It is engaged in the acquisition, exploration, development, and distribution of lithium, tin, tantalum, and other high-tech mineral properties in Africa. Its projects comprise Manono Tailings, Pegmatite Corridor Exploration, and Titan. It has one operating segment being the sector of exploration and evaluation of mineral resources.

Tantalex Lithium Resources Headlines

No Headlines