Trican Well Service (FRA:TWZ) Change In Inventory : €1.8 Mil (TTM As of Mar. 2024)

View and export this data going back to 2003. Start your Free Trial

What is Trican Well Service Change In Inventory?

Trican Well Service's change in inventory for the quarter that ended in Mar. 2024 was €-0.1 Mil. It means Trican Well Service's inventory increased by €0.1 Mil from Dec. 2023 to Mar. 2024 .

Trican Well Service's change in inventory for the fiscal year that ended in Dec. 2023 was €2.1 Mil. It means Trican Well Service's inventory declined by €2.1 Mil from Dec. 2022 to Dec. 2023 .

Trican Well Service's Total Inventories for the quarter that ended in Mar. 2024 was €14.8 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Trican Well Service's Days Inventory for the quarter that ended in Mar. 2024 was 9.55.

Inventory Turnover measures how fast the company turns over its inventory within a year. Trican Well Service's Inventory Turnover for the quarter that ended in Mar. 2024 was 9.56.

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. Trican Well Service's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.08.

Trican Well Service Change In Inventory Historical Data

The historical data trend for Trican Well Service'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.

* Premium members only.

Trican Well Service Change In Inventory Chart

Trican Well Service Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

Get a 7-Day Free Trial

4.29

5.12

1.77

-3.92

2.15

Trican Well Service 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															0.25	0.53	0.15	1.23	-0.13

Trican Well Service 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 €1.8 Mil.

Trican Well Service (FRA:TWZ) Change In Inventory Explanation

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

Trican Well Service's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	14.75	/	140.997	*	365 / 4
	=	9.55

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

Trican Well Service's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	140.997	/	14.75
	=	9.56

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.

Trican Well Service's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	14.75	/	184.819
	=	0.08

Trican Well Service Change In Inventory Related Terms

Thank you for viewing the detailed overview of Trican Well Service's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Trican Well Service (FRA:TWZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Trican Well Service Ltd (FRA:TWZ) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

TOLWF:USA TCW:Canada

Address

2900, 645 - 7th Avenue SW, Calgary, AB, CAN, T2P 4G8

Website

https://www.tricanwellservice.com

Trican Well Service Ltd is an equipment services company. It provides products, equipment, services, and technology for use in the drilling, completion, stimulation, and reworking of oil and gas wells primarily through its continuing pressure pumping operations in Canada. The company offers services related to coiled tubing, pipeline service, cementing, fracturing and reservoir solutions.

Trican Well Service (FRA:TWZ) Headlines

No Headlines