Teranga Gold (Teranga Gold) Change In Inventory : $-38.8 Mil (TTM As of Sep. 2020)

View and export this data going back to 2012. Start your Free Trial

What is Teranga Gold Change In Inventory?

Teranga Gold's change in inventory for the quarter that ended in Sep. 2020 was $-5.8 Mil. It means Teranga Gold's inventory increased by $5.8 Mil from Jun. 2020 to Sep. 2020 .

Teranga Gold's change in inventory for the fiscal year that ended in Dec. 2019 was $-28.9 Mil. It means Teranga Gold's inventory increased by $28.9 Mil from Dec. 2018 to Dec. 2019 .

Teranga Gold's Total Inventories for the quarter that ended in Sep. 2020 was $115.1 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Teranga Gold's Days Inventory for the quarter that ended in Sep. 2020 was 85.79.

Inventory Turnover measures how fast the company turns over its inventory within a year. Teranga Gold's Inventory Turnover for the quarter that ended in Sep. 2020 was 1.06.

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. Teranga Gold's Inventory-to-Revenue for the quarter that ended in Sep. 2020 was 0.56.

Teranga Gold Change In Inventory Historical Data

The historical data trend for Teranga Gold'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.

Teranga Gold Change In Inventory Chart

Teranga Gold Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Change In Inventory

Get a 7-Day Free Trial

-14.16

-11.33

16.88

10.44

-28.87

Teranga Gold Quarterly Data
	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20
Change In Inventory	Get a 7-Day Free Trial															-19.42	-9.86	-17.06	-6.10	-5.78

Teranga Gold 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 Sep. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was $-38.8 Mil.

Teranga Gold (OTCPK:TGCDF) Change In Inventory Explanation

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

Teranga Gold's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	108.6375	/	115.545	*	365 / 4
	=	85.79

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	115.545	/	108.6375
	=	1.06

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	108.6375	/	192.569
	=	0.56

Teranga Gold Change In Inventory Related Terms

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

Teranga Gold (Teranga Gold) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Teranga Gold Corp (OTCPK:TGCDF) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

77 King Street West, Suite 2110, Toronto, ON, CAN, M5K 2A1

Website

https://www.terangagold.com

Teranga Gold Corp is a Canadian-based gold company with assets is production, development, and exploration situated on prospective gold belts across West Africa in Burkina Faso, Cote d'lvoire and Senegal.