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Tungsten West (LSE:TUN) Inventory-to-Revenue : 0.10 (As of Sep. 2023)


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What is Tungsten West Inventory-to-Revenue?

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. Tungsten West's Average Total Inventories for the quarter that ended in Sep. 2023 was £0.07 Mil. Tungsten West's Revenue for the six months ended in Sep. 2023 was £0.72 Mil. Tungsten West's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.10.

Tungsten West's Inventory-to-Revenue for the quarter that ended in Sep. 2023 declined from Mar. 2023 (0.22) to Mar. 2023 (0.10)

A decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tungsten West's Days Inventory for the six months ended in Sep. 2023 was 16.82.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tungsten West's Inventory Turnover for the quarter that ended in Sep. 2023 was 10.85.


Tungsten West Inventory-to-Revenue Historical Data

The historical data trend for Tungsten West's Inventory-to-Revenue 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.

Tungsten West Inventory-to-Revenue Chart

Tungsten West Annual Data
Trend Mar20 Mar21 Mar22 Mar23
Inventory-to-Revenue
- - 0.23 0.22

Tungsten West Semi-Annual Data
Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Inventory-to-Revenue Get a 7-Day Free Trial - 0.33 0.55 0.22 0.10

Competitive Comparison of Tungsten West's Inventory-to-Revenue

For the Other Industrial Metals & Mining subindustry, Tungsten West's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue 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.


Tungsten West's Inventory-to-Revenue Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Tungsten West's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Tungsten West's Inventory-to-Revenue falls into.



Tungsten West Inventory-to-Revenue Calculation

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.

Tungsten West's Inventory-to-Revenue for the fiscal year that ended in Mar. 2023 is calculated as

Inventory-to-Revenue (A: Mar. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Mar. 2022 ) + Total Inventories (A: Mar. 2023 )) / count ) / Revenue (A: Mar. 2023 )
=( (0.157 + 0.114) / 2 ) / 0.626
=0.1355 / 0.626
=0.22

Tungsten West's Inventory-to-Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue (Q: Sep. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Mar. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Revenue (Q: Sep. 2023 )
=( (0.114 + 0.03) / 2 ) / 0.722
=0.072 / 0.722
=0.10

* 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.


Tungsten West  (LSE:TUN) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

More Related Terms:

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

Tungsten West's Days Inventory for the six months ended in Sep. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2023 )/Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=0.072/0.781*365 / 2
=16.82

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

Tungsten West's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2023 ) / Average Total Inventories (Q: Sep. 2023 )
=0.781 / 0.072
=10.85

* 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.


Tungsten West Inventory-to-Revenue Related Terms

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Tungsten West (LSE:TUN) Business Description

Traded in Other Exchanges
Address
Hemerdon Mine, Drakelands, Plympton, Plymouth, Devon, GBR, PL7 5BS
Tungsten West PLC owns and operates historical Hemerdon tungsten and tin mine located near Plymouth in southern Devon, England. It has a compliant Mineral Resource of approximately 325Mt at 0.12 per cent. WO3. The company's main country of operation is the United Kingdom.

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