Tenth Avenue Petroleum (TSXV:TPC) Change In Inventory : C$0.00 Mil (TTM As of Mar. 2024)

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What is Tenth Avenue Petroleum Change In Inventory?

Tenth Avenue Petroleum's change in inventory for the quarter that ended in Mar. 2024 was C$0.00 Mil. It means Tenth Avenue Petroleum's inventory stayed the same from Dec. 2023 to Mar. 2024 .

Tenth Avenue Petroleum's change in inventory for the fiscal year that ended in Dec. 2023 was C$0.00 Mil. It means Tenth Avenue Petroleum's inventory stayed the same from Dec. 2022 to Dec. 2023 .

Tenth Avenue Petroleum's Total Inventories for the quarter that ended in Mar. 2024 was C$0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tenth Avenue Petroleum's Days Inventory for the quarter that ended in Mar. 2024 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. Tenth Avenue Petroleum's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.00.

Tenth Avenue Petroleum Change In Inventory Historical Data

The historical data trend for Tenth Avenue Petroleum'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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Tenth Avenue Petroleum Change In Inventory Chart

Tenth Avenue Petroleum Annual Data

Trend

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Change In Inventory

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0.16

Tenth Avenue Petroleum Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Tenth Avenue Petroleum 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.00 Mil.

Tenth Avenue Petroleum (TSXV:TPC) Change In Inventory Explanation

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

Tenth Avenue Petroleum'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	/	0.803	*	365 / 4
	=	0.00

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

Tenth Avenue Petroleum's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.803	/	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.

Tenth Avenue Petroleum's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	0.796
	=	0.00

Tenth Avenue Petroleum Change In Inventory Related Terms

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Tenth Avenue Petroleum (TSXV:TPC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Tenth Avenue Petroleum Corp (TSXV:TPC) » Definitions » Change In Inventory

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Address

188 - 15th Avenue SW, Suite 2003, Calgary, AB, CAN, T2R 1S4

Website

https://www.tenthavenuepetroleum.com

Tenth Avenue Petroleum Corp is a junior oil and gas exploration, production and development company. It explores and develops petroleum and natural gas properties in Western Canada. The company generates its revenue from the sale of oil, natural gas and NGLs. Its property comprises oil and natural gas assets and water-well assets.

Executives

Fern Macdonald

10% Security Holder