Transatlantic Mining (TSXV:TCO) Days Inventory : 0.00 (As of Mar. 2024)

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What is Transatlantic Mining Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Transatlantic Mining's Average Total Inventories for the three months ended in Mar. 2024 was C$0.00 Mil. Transatlantic Mining's Cost of Goods Sold for the three months ended in Mar. 2024 was C$0.01 Mil. Hence, Transatlantic Mining's Days Inventory for the three months ended in Mar. 2024 was 0.00.

The historical rank and industry rank for Transatlantic Mining's Days Inventory or its related term are showing as below:

TSXV:TCO's Days Inventory is not ranked ^*
in the Metals & Mining industry.
Industry Median: 88.02
* Ranked among companies with meaningful Days Inventory only.

Transatlantic Mining's Days Inventory stayed the same from Dec. 2022 (0.00) to Mar. 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.

Transatlantic Mining Days Inventory Historical Data

The historical data trend for Transatlantic Mining'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.

Transatlantic Mining Days Inventory Chart

Transatlantic Mining Annual Data

Trend

Dec14

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Dec20

Dec21

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Dec23

Days Inventory

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Transatlantic Mining Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Transatlantic Mining's Days Inventory

For the Other Industrial Metals & Mining subindustry, Transatlantic Mining'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.

Transatlantic Mining's Days Inventory Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Transatlantic Mining's Days Inventory distribution charts can be found below:

* The bar in red indicates where Transatlantic Mining's Days Inventory falls into.

Transatlantic Mining Days Inventory Calculation

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

Transatlantic Mining'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 )	/	0.022	*	365
=	0					/	0.022	*	365
=	0.00

Transatlantic Mining's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

	Days Inventory (Q: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0.009	*	365 / 4
=	0					/	0.009	*	365 / 4
=	0.00

Transatlantic Mining (TSXV:TCO) 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.

Transatlantic Mining's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.009	/	0
	=

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.

Transatlantic Mining's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	0
	=

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.

Transatlantic Mining Days Inventory Related Terms

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

Transatlantic Mining (TSXV:TCO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Transatlantic Mining Corp (TSXV:TCO) » Definitions » Days Inventory

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Traded in Other Exchanges

TRRGF:USA TMSA:Germany

Address

837 West Hastings Street, Suite 400, Vancouver, BC, CAN, V6C 3N6

Website

http://www.transatlanticminingcorp.com

Transatlantic Mining Corp is a junior mineral exploration company. The company is engaged in the acquisition and exploration of mineral property interests. Some of the key properties of the company are the Golden Jubilee Project, Monitor Property and St. Lawrence Property. one reportable operating segment, which is the acquisition, exploration, and disposition of interests in mineral properties. The geographical segment of the company is the United States of America.

Executives