The historical rank and industry rank for Claude Resources's Days Inventory or its related term are showing as below:
CLGRF's Days Inventory is not ranked *
in the Metals & Mining industry.
Industry Median: 87.34 * Ranked among companies with meaningful Days Inventory only.
Claude Resources's Days Inventory
declined
from Mar. 2015 (157.15) to Mar. 2016 (114.54).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Claude Resources's Inventory Turnover for the
three
months ended in Mar. 2016 was 0.80.
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.
Claude Resources's Inventory-to-Revenue for the
three
months ended in Mar. 2016 was 0.78.
Claude Resources Days Inventory Historical Data
The historical data trend for Claude Resources'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.
Competitive Comparison of Claude Resources's Days Inventory
For the Gold subindustry, Claude Resources'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.
Claude Resources's Days Inventory Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Claude Resources's Days Inventory distribution charts can be found below:
* The bar in red indicates where Claude Resources's Days Inventory falls into.
Claude Resources Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Claude Resources's Days Inventory for the fiscal year that ended in Dec. 2015 is calculated as
* 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.
Claude Resources (OTCPK:CLGRF) 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.
Claude Resources's Inventory Turnover for the
three
months ended in Mar. 2016 is calculated as
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.
Claude Resources's Inventory to Revenue for the
three
months ended in Mar. 2016 is calculated as
* 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.
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.
Claude Resources Days Inventory Related Terms
Thank you for viewing the detailed overview of Claude Resources's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Claude Resources (Claude Resources) Business Description
Claude Resources Inc was incorporated on March 26, 1980. The Company is a gold exploration and mining company. The Company is engaged in the acquisition, exploration, and development of precious metal properties and the production and marketing of minerals. All of Claude's mineral properties are located in northern Saskatchewan and northwestern Ontario. Its revenue generating asset is the 100 percent owned Seabee Gold Operation, located in northern Saskatchewan. Company also owned 100 percent of the Amisk Gold Project in northeastern Saskatchewan. The Seabee Gold Operation has produced gold from five mineral leases. It currently is producing from ML5519, ML5520 and ML5543. Operations on Amisk Property consist of an exploratory search for mineable deposits of ore. Company has produced over 1,000,000 ounces of gold from its Seabee Gold Operation in northeastern Saskatchewan. The Seabee Gold Operation hosts over 550,000 ounces of gold Mineral Reserves and over 680,000 ounces of gold in Mineral Resources.
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