Tourmaline Oil (Tourmaline Oil) Change In Inventory : $0 Mil (TTM As of Dec. 2023)

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What is Tourmaline Oil Change In Inventory?

Tourmaline Oil's change in inventory for the quarter that ended in Dec. 2023 was $0 Mil. It means Tourmaline Oil's inventory stayed the same from Sep. 2023 to Dec. 2023 .

Tourmaline Oil's change in inventory for the fiscal year that ended in Dec. 2023 was $0 Mil. It means Tourmaline Oil's inventory stayed the same from Dec. 2022 to Dec. 2023 .

Tourmaline Oil's Total Inventories for the quarter that ended in Dec. 2023 was $0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tourmaline Oil's Days Inventory for the quarter that ended in Dec. 2023 was 0.00.

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. Tourmaline Oil's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.00.

Tourmaline Oil Change In Inventory Historical Data

The historical data trend for Tourmaline Oil'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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Tourmaline Oil Change In Inventory Chart

Tourmaline Oil Annual Data

Trend

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Change In Inventory

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Tourmaline Oil Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Tourmaline Oil 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 quarterly data reported by the company within the most recent 12 months, which was $0 Mil.

Tourmaline Oil (OTCPK:TRMLF) Change In Inventory Explanation

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

Tourmaline Oil'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	/	394.622	*	365 / 4
	=	0.00

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	394.622	/	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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	1174.961
	=	0.00

Tourmaline Oil Change In Inventory Related Terms

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Tourmaline Oil (Tourmaline Oil) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Tourmaline Oil Corp (OTCPK:TRMLF) » Definitions » Change In Inventory

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Traded in Other Exchanges

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Address

250 - 6th Avenue S.W., Suite 2900, Calgary, AB, CAN, T2P 3H7

Website

https://www.tourmalineoil.com

Tourmaline Oil Corp is a Canadian energy company engaged in natural gas and crude oil acquisition, exploration, development, and production in the Western Canada Sedimentary Basin. It includes the Alberta Deep Basin, the Northeast British Columbia Montney, and the Peace River Triassic Oil complex.

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