Tantalus Systems Holding (TSX:GRID) Change In Inventory : C$0.05 Mil (TTM As of Mar. 2024)

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What is Tantalus Systems Holding Change In Inventory?

Tantalus Systems Holding's change in inventory for the quarter that ended in Mar. 2024 was C$1.17 Mil. It means Tantalus Systems Holding's inventory declined by C$1.17 Mil from Dec. 2023 to Mar. 2024 .

Tantalus Systems Holding's change in inventory for the fiscal year that ended in Dec. 2023 was C$-1.27 Mil. It means Tantalus Systems Holding's inventory increased by C$1.27 Mil from Dec. 2022 to Dec. 2023 .

Tantalus Systems Holding's Total Inventories for the quarter that ended in Mar. 2024 was C$7.81 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tantalus Systems Holding's Days Inventory for the quarter that ended in Mar. 2024 was 128.52.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tantalus Systems Holding's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.71.

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. Tantalus Systems Holding's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.66.

Tantalus Systems Holding Change In Inventory Historical Data

The historical data trend for Tantalus Systems Holding'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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Tantalus Systems Holding Change In Inventory Chart

Tantalus Systems Holding Annual Data

Trend

Dec21

Dec22

Dec23

Change In Inventory

-1.40

0.01

-1.27

Tantalus Systems Holding Quarterly Data
	Mar20	Jun20	Sep20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial											-0.16	-1.44	-1.73	2.06	1.17

Tantalus Systems Holding 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 C$0.05 Mil.

Tantalus Systems Holding (TSX:GRID) Change In Inventory Explanation

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

Tantalus Systems Holding's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	8.3575	/	5.934	*	365 / 4
	=	128.52

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

Tantalus Systems Holding's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	5.934	/	8.3575
	=	0.71

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.

Tantalus Systems Holding's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	8.3575	/	12.717
	=	0.66

Tantalus Systems Holding Change In Inventory Related Terms

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Tantalus Systems Holding (TSX:GRID) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Tantalus Systems Holding Inc (TSX:GRID) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

TNTLF:USA

Address

3555 Gilmore Way, Suite 200, Burnaby, BC, CAN, V5G 0B3

Website

https://www.tantalus.com

Tantalus Systems Holding Inc Canada-based company engaged in developing and delivering purpose-built smart grid solutions for public power and electric cooperative utilities. Its segments include the Connected Devices and Infrastructure Segment and Utility Software Applications and Services, and the majority of the revenue comes from Utility Software Applications and Services. Geographic regions are the United States, Canada, and Others, and the majority of the revenue comes from the United States.

Executives

Peter Londa

Director, Senior Officer