Terra Metals (Terra Metals) Inventory Turnover : 0.00 (As of Jun. 2019)

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What is Terra Metals Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Terra Metals's Cost of Goods Sold for the three months ended in Jun. 2019 was $0.00 Mil. Terra Metals's Average Total Inventories for the quarter that ended in Jun. 2019 was $0.73 Mil. Terra Metals's Inventory Turnover for the quarter that ended in Jun. 2019 was 0.00.

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

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.

Terra Metals Inventory Turnover Historical Data

The historical data trend for Terra Metals's Inventory Turnover 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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Terra Metals Inventory Turnover Chart

Terra Metals Annual Data

Trend

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Inventory Turnover

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7.72

Terra Metals Quarterly Data
	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Dec19
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

Terra Metals Inventory Turnover Calculation

Terra Metals's Inventory Turnover for the fiscal year that ended in Jun. 2019 is calculated as

	Inventory Turnover (A: Jun. 2019 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jun. 2019 )	/ (	(Total Inventories (A: Jun. 2018 )	+	Total Inventories (A: Jun. 2019 ))	/	count )
=	5.639	/ (	(0	+	0.73)	/	1 )
=	5.639	/	0.73
=	7.72

Terra Metals's Inventory Turnover for the quarter that ended in Jun. 2019 is calculated as

	Inventory Turnover (Q: Jun. 2019 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2019 )	/ (	(Total Inventories (Q: Mar. 2019 )	+	Total Inventories (Q: Jun. 2019 ))	/	count )
=	0	/ (	(0	+	0.73)	/	1 )
=	0	/	0.73
=	0.00

Terra Metals (OTCPK:PNGZF) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Terra Metals's Days Inventory for the three months ended in Jun. 2019 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2019 )	/	Cost of Goods Sold (Q: Jun. 2019 )	*	Days in Period
	=	0.73	/	0	*	365 / 4
	=

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.

Terra Metals's Inventory to Revenue for the quarter that ended in Jun. 2019 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2019 )	/	Revenue (Q: Jun. 2019 )
	=	0.73	/	0
	=

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Terra Metals Inventory Turnover Related Terms

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