TRX (TRX Gold) Change In Inventory : $-0.93 Mil (TTM As of Aug. 2024)

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What is TRX Gold Change In Inventory?

TRX Gold's change in inventory for the quarter that ended in Aug. 2024 was $0.30 Mil. It means TRX Gold's inventory declined by $0.30 Mil from May. 2024 to Aug. 2024 .

TRX Gold's change in inventory for the fiscal year that ended in Aug. 2024 was $-0.93 Mil. It means TRX Gold's inventory increased by $0.93 Mil from Aug. 2023 to Aug. 2024 .

TRX Gold's Total Inventories for the quarter that ended in Aug. 2024 was $6.25 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. TRX Gold's Days Inventory for the quarter that ended in Aug. 2024 was 82.70.

Inventory Turnover measures how fast the company turns over its inventory within a year. TRX Gold's Inventory Turnover for the quarter that ended in Aug. 2024 was 1.10.

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. TRX Gold's Inventory-to-Revenue for the quarter that ended in Aug. 2024 was 0.47.

TRX Gold Change In Inventory Historical Data

The historical data trend for TRX 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.

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TRX Gold Change In Inventory Chart

TRX Gold Annual Data

Trend

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Aug24

Change In Inventory

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-0.33

-0.45

-2.16

-0.87

-0.93

TRX Gold 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															-0.32	-0.34	-0.37	-0.52	0.30

TRX 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 Aug. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.93 Mil.

TRX Gold (AMEX:TRX) Change In Inventory Explanation

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

TRX 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
	=	6.3755	/	7.035	*	365 / 4
	=	82.70

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

TRX Gold's Inventory Turnover for the quarter that ended in Aug. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	7.035	/	6.3755
	=	1.10

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.

TRX Gold's Inventory to Revenue for the quarter that ended in Aug. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	6.3755	/	13.622
	=	0.47

TRX Gold Change In Inventory Related Terms

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TRX Gold Business Description

Industry

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

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TRX:Canada

Address

277 Lakeshore Road East, Suite 403, Oakville, ON, CAN, L6J 6J3

Website

https://www.trxgold.com

TRX Gold Corp is a mineral resource company. It is engaged in the acquisition of interests and the exploration of natural resource properties. Its mineral properties are located in the United Republic of Tanzania. The company's main area of interest has been in the exploration and development of gold properties. Its projects include the Buckreef project, and Itetemia Gold project whereas, its exploration stage project consists of the Lunguya project and the Luhala project.

Executives

Geier International Strategies Fund, Llc	10 percent owner	WACHOVIA FINANCIAL CENTER, 200 SOUTH BISCAYNE BOULEVARD, 27TH FLOOR, MIAMI FL 33131
Geier Capital Llc	10 percent owner	200 SOUTH BISCAYNE BOULEVARD, 27TH FLOOR, MIAMI FL 33131
Geier Group Llc	10 percent owner	200 SOUTH BISCAYNE BOULEVARD, 27TH FLOOR, MIAMI FL 33131
Chris Gibson	10 percent owner	C/O GEIER CAPITAL LLC, 200 SOUTH BISCAYNE BOULEVARD, 27TH FLOOR, MIAMI FL 33131