Tietto Minerals (Tietto Minerals) Change In Inventory : $0.0 Mil (TTM As of Dec. 2023)

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What is Tietto Minerals Change In Inventory?

Tietto Minerals's change in inventory for the quarter that ended in Dec. 2023 was $0.0 Mil. It means Tietto Minerals's inventory stayed the same from Jun. 2023 to Dec. 2023 .

Tietto Minerals's change in inventory for the fiscal year that ended in Dec. 2023 was $0.0 Mil. It means Tietto Minerals's inventory stayed the same from Jun. 2022 to Dec. 2023 .

Tietto Minerals's Total Inventories for the quarter that ended in Dec. 2023 was $24.9 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tietto Minerals's Days Inventory for the quarter that ended in Dec. 2023 was 53.93.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tietto Minerals's Inventory Turnover for the quarter that ended in Dec. 2023 was 3.38.

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. Tietto Minerals's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.18.

Tietto Minerals Change In Inventory Historical Data

The historical data trend for Tietto Minerals'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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Tietto Minerals Change In Inventory Chart

Tietto Minerals Annual Data

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Jun18

Jun19

Jun20

Jun21

Jun22

Dec23

Change In Inventory

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Tietto Minerals Semi-Annual Data
	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Inventory	Get a 7-Day Free Trial							-	-	-	-	-

Tietto Minerals 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 semi-annually data reported by the company within the most recent 12 months, which was $0.0 Mil.

Tietto Minerals (OTCPK:TIETF) Change In Inventory Explanation

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

Tietto Minerals's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	23.4055	/	79.198	*	365 / 2
	=	53.93

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

Tietto Minerals's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	79.198	/	23.4055
	=	3.38

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.

Tietto Minerals's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	23.4055	/	128.424
	=	0.18

Tietto Minerals Change In Inventory Related Terms

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Tietto Minerals (Tietto Minerals) Business Description

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TIE:Australia

Address

123B Collin Street, Unit 22, Perth, WA, AUS, 6005

Website

https://www.tietto.com

Tietto Minerals Ltd is a mineral exploration company with a main focus on gold in West Africa. It operates as four segments which are Administration Australia, Exploration Liberia, Exploration Cote d'Ivoire and Development Cote d'Ivoire. The projects include Dube South Project, Cestos Project, and Abujar Au Project.