Taiga Motors (TSX:TAIG) Change In Inventory : C$-10.30 Mil (TTM As of Mar. 2024)

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What is Taiga Motors Change In Inventory?

Taiga Motors's change in inventory for the quarter that ended in Mar. 2024 was C$2.30 Mil. It means Taiga Motors's inventory declined by C$2.30 Mil from Dec. 2023 to Mar. 2024 .

Taiga Motors's change in inventory for the fiscal year that ended in Dec. 2023 was C$-16.14 Mil. It means Taiga Motors's inventory increased by C$16.14 Mil from Dec. 2022 to Dec. 2023 .

Taiga Motors's Total Inventories for the quarter that ended in Mar. 2024 was C$32.40 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Taiga Motors's Days Inventory for the quarter that ended in Mar. 2024 was 342.31.

Inventory Turnover measures how fast the company turns over its inventory within a year. Taiga Motors's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.27.

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. Taiga Motors's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 6.46.

Taiga Motors Change In Inventory Historical Data

The historical data trend for Taiga Motors'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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Taiga Motors Change In Inventory Chart

Taiga Motors Annual Data

Trend

May17

May18

May19

May20

Dec21

Dec22

Dec23

Change In Inventory

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-19.26

-8.25

-16.14

Taiga Motors Quarterly Data
	May18	May19	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														-3.54	-0.62	-7.11	-4.88	2.30

Taiga Motors 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$-10.30 Mil.

Taiga Motors (TSX:TAIG) Change In Inventory Explanation

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

Taiga Motors's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	32.8205	/	8.749	*	365 / 4
	=	342.31

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

Taiga Motors's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	8.749	/	32.8205
	=	0.27

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.

Taiga Motors's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	32.8205	/	5.077
	=	6.46

Taiga Motors Change In Inventory Related Terms

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Taiga Motors (TSX:TAIG) Business Description

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TAIMF:USA

Address

2695 Dollard Avenue, LaSalle, Montreal, QC, CAN, H8N 2J8

Website

https://www.taigamotors.com

Taiga Motors Corp is a Canadian company focused on the production and delivery of all-electric vehicles. its activities of research and development, design, and marketing. Its product lineup includes electric snowmobiles and personal watercraft. Its geographic regions are Canada and the United states of America, and the majority of its revenue comes from Canada.

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