Tethys Oil AB (Tethys Oil AB) Change In Inventory : $0.0 Mil (TTM As of Mar. 2024)

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What is Tethys Oil AB Change In Inventory?

Tethys Oil AB's change in inventory for the quarter that ended in Mar. 2024 was $0.0 Mil. It means Tethys Oil AB's inventory stayed the same from Dec. 2023 to Mar. 2024 .

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

Tethys Oil AB's Total Inventories for the quarter that ended in Mar. 2024 was $0.0 Mil.

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

Tethys Oil AB Change In Inventory Historical Data

The historical data trend for Tethys Oil AB'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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Tethys Oil AB Change In Inventory Chart

Tethys Oil AB Annual Data

Trend

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Change In Inventory

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Tethys Oil AB 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															-	-	-	-	-

Tethys Oil AB 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 $0.0 Mil.

Tethys Oil AB (OTCPK:TTHYF) Change In Inventory Explanation

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

Tethys Oil AB'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	/	15	*	365 / 4
	=	0.00

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

Tethys Oil AB's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	15	/	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.

Tethys Oil AB's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	30.1
	=	0.00

Tethys Oil AB Change In Inventory Related Terms

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Tethys Oil AB (Tethys Oil AB) Business Description

Industry

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Traded in Other Exchanges

TETY:Sweden TZB0:Germany

Address

Hovslagargatan 5B, 1 tr, Stockholm, SWE, SE-111 48

Website

https://www.tethysoil.com

Tethys Oil AB is a Sweden-based energy company. The company is focused on oil and gas exploration and production onshore areas with known discoveries. Its core area of focus is the Sultanate of Oman, where the company holds license interests in three onshore blocks Blocks 3 and 4, Block 49, Block 56, and Block 58. . Tethys Oil has licenses in three countries namely Oman, Lithuania, and France. The majority of its revenue is generated through its operations in Oman.

Tethys Oil AB (Tethys Oil AB) Headlines

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