Turnium Technology Group (TSXV:TTGI) Change In Inventory : C$0.01 Mil (TTM As of Dec. 2024)

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What is Turnium Technology Group Change In Inventory?

Turnium Technology Group's change in inventory for the quarter that ended in Dec. 2024 was C$0.02 Mil. It means Turnium Technology Group's inventory declined by C$0.02 Mil from Sep. 2024 to Dec. 2024 .

Turnium Technology Group's change in inventory for the fiscal year that ended in Sep. 2024 was C$0.00 Mil. It means Turnium Technology Group's inventory declined by C$0.00 Mil from Sep. 2023 to Sep. 2024 .

Turnium Technology Group's Total Inventories for the quarter that ended in Dec. 2024 was C$0.01 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Turnium Technology Group's Days Inventory for the quarter that ended in Dec. 2024 was 2.03.

Inventory Turnover measures how fast the company turns over its inventory within a year. Turnium Technology Group's Inventory Turnover for the quarter that ended in Dec. 2024 was 45.00.

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. Turnium Technology Group's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.01.

Turnium Technology Group Change In Inventory Historical Data

The historical data trend for Turnium Technology Group'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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Turnium Technology Group Change In Inventory Chart

Turnium Technology Group Annual Data

Trend

Sep20

Sep21

Sep22

Sep23

Sep24

Change In Inventory

-0.02

Turnium Technology Group Quarterly Data
	Sep20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Change In Inventory	Get a 7-Day Free Trial												0.01	0.01	-	-0.01	0.02

Turnium Technology Group 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.01 Mil.

Turnium Technology Group (TSXV:TTGI) Change In Inventory Explanation

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

Turnium Technology Group's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0.014	/	0.63	*	365 / 4
	=	2.03

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

Turnium Technology Group's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.63	/	0.014
	=	45.00

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.

Turnium Technology Group's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.014	/	1.974
	=	0.01

Turnium Technology Group Change In Inventory Related Terms

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Turnium Technology Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Turnium Technology Group Inc (TSXV:TTGI) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

E48:Germany

Address

3355 Grandview Highway, Vancouver, BC, CAN, V5M 1Z5

Website

https://www.turnium.com

Turnium Technology Group Inc invests in companies that are creating software-defined networks for service providers, enterprises, and small-medium business. The company deliver its software-defined wide area networking solution as a white label, containerized, disaggregated software platform that channel partners host, manage, brand, and price and as a managed cloud-native service. The Company's operations consist of two operating and reportable segments being Tenacious Networks Inc and Turnium Network Solutions Inc.

Executives

Ralph Garcea	Director
Johan Arnet	10% Security Holder, Director, Director or Senior Officer of 10% Security Holder

Turnium Technology Group Headlines

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