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TRLEF (Trillion Energy International) Days Inventory : 0.00 (As of Sep. 2024)


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What is Trillion Energy International Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Trillion Energy International's Average Total Inventories for the three months ended in Sep. 2024 was $0.00 Mil. Trillion Energy International's Cost of Goods Sold for the three months ended in Sep. 2024 was $1.86 Mil. Hence, Trillion Energy International's Days Inventory for the three months ended in Sep. 2024 was 0.00.

The historical rank and industry rank for Trillion Energy International's Days Inventory or its related term are showing as below:

TRLEF's Days Inventory is not ranked *
in the Oil & Gas industry.
Industry Median: 31.8
* Ranked among companies with meaningful Days Inventory only.

Trillion Energy International's Days Inventory stayed the same from Sep. 2023 (0.00) to Sep. 2024 (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. Trillion Energy International's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.00.


Trillion Energy International Days Inventory Historical Data

The historical data trend for Trillion Energy International's Days 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.

* Premium members only.

Trillion Energy International Days Inventory Chart

Trillion Energy International Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
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Trillion Energy International Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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Competitive Comparison of Trillion Energy International's Days Inventory

For the Oil & Gas E&P subindustry, Trillion Energy International's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Trillion Energy International's Days Inventory Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Trillion Energy International's Days Inventory distribution charts can be found below:

* The bar in red indicates where Trillion Energy International's Days Inventory falls into.


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Trillion Energy International Days Inventory Calculation

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

Trillion Energy International's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (0 + 0) / 1 ) / 9.66*365
=0 / 9.66*365
=0.00

Trillion Energy International's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

Days Inventory (Q: Sep. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (0 + 0) / 1 ) / 1.858*365 / 4
=0 / 1.858*365 / 4
=0.00

* 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.


Trillion Energy International  (OTCPK:TRLEF) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

Trillion Energy International's Inventory Turnover for the three months ended in Sep. 2024 is calculated as

2. 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.

Trillion Energy International's Inventory to Revenue for the three months ended in Sep. 2024 is calculated as

* 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.


Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


Trillion Energy International Days Inventory Related Terms

Thank you for viewing the detailed overview of Trillion Energy International's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Trillion Energy International Business Description

Traded in Other Exchanges
Address
838 West Hastings Street, Suite 700, Vancouver, BC, CAN, V6C 0A6
Trillion Energy International Inc is an oil and gas-producing company with multiple assets throughout Turkey and Bulgaria. The company is 49% owner of the SASB natural gas field, one of the Black Sea's first natural gas development projects; a 19.6% (except three wells with 9.8%) ownership interest in the Cendere oil field; and Bulgaria, the Vranino 1-11 block, a prospective unconventional natural gas property. The company has three operating segments; North America, Turkey, and Bulgaria. It derives a majority of its revenue from Turkey.
Executives
David Michael Thompson director, 10 percent owner, officer: Chief Financial Officer 300,400 - 5TH AVENUE SW, CALGARY A0 T2P 0L6
Wood Barry G.m. director, 10 percent owner 1221 HIGHWAY 341, UPPER CANARD A5 B0P 1J0
Kubilay Yildirim director TURAN GUNES BULVARI PARK ORAN OFIS PLAZA, 180-Y NO:54 KAT:16 ORAN CANKAYA, ANKARA W8 06450
Parvez Nadeem Tyab 10 percent owner 2901-838 WEST HASTINGS STREET, VANCOUVER A1 V6C 0A6
Aura Oil Holdings Ltd. 10 percent owner THE CONTINENTAL BUILDING, 2ND FLOOR, 25 CHURCH STREET, HAMILTON D0 HM12
Arthur Halleran director, officer: President #5 - COVENTRY HILLS DR, N.E., CALGARY A0 P3K 5W2
David S. Campbell officer: Vice President of Exploration 300,400 - 5TH AVENUE SW, CALGARY A0 T2P 0L6
Charles Michel officer: Chief Financial Officer 2200 ROSS AVE, SUITE 4500E, DALLAS TX 75201
Mohammad Ijaz Khan director 300, 400 - 5TH AVENUE SW, CALGARY A0 T2P 0L6
Francis M. Munchinski officer: Secretary & Treasurer 2200 ROSS AVE, SUITE 4500E, DALLAS TX 75201
Scott C Larsen director, officer: President and CEO 5910 N. CENTRAL EXPRESSWAY, SUITE 1755, DALLAS TX 75206
Century House Holdings Ltd. 10 percent owner THE CONTINENTAL BUILDING, 2ND FLOOR, 25 CHURCH STREET, HAMILTON D0 HM12
Tatiana Kovaleva officer: Treasurer 300, 400 - 5TH AVENUE SW CALGARY A0 T2P 0L6
Taisiia Popova officer: Chief Financial Officer 300, 400 - 5TH AVENUE SW CALGARY A0 T2P 0L6
David Roy Johnson director, officer: President & CEO 1220-666 BURRARD STREET VANCOUVER A1 V6E 4N7