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Canadian Tire (Canadian Tire) Change In Inventory : $0 Mil (TTM As of Dec. 2023)


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What is Canadian Tire Change In Inventory?

Canadian Tire's change in inventory for the quarter that ended in Dec. 2023 was $0 Mil. It means Canadian Tire's inventory stayed the same from Sep. 2023 to Dec. 2023 .

Canadian Tire's change in inventory for the fiscal year that ended in Dec. 2023 was $0 Mil. It means Canadian Tire's inventory stayed the same from Dec. 2022 to Dec. 2023 .

Canadian Tire's Total Inventories for the quarter that ended in Dec. 2023 was $2,008 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Canadian Tire's Days Inventory for the quarter that ended in Dec. 2023 was 94.59.

Inventory Turnover measures how fast the company turns over its inventory within a year. Canadian Tire's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.96.

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. Canadian Tire's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.68.

Canadian Tire Change In Inventory Historical Data

The historical data trend for Canadian Tire'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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Canadian Tire Change In Inventory Chart

Canadian Tire Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Inventory
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Canadian Tire Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Canadian Tire 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0 Mil.

* 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.

Canadian Tire  (OTCPK:CDNAF) Change In Inventory Explanation

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

Canadian Tire's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=2245.5065/2166.219*365 / 4
=94.59

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

Canadian Tire's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=2166.219 / 2245.5065
=0.96

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.

Canadian Tire's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=2245.5065 / 3311.717
=0.68

* 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.

Canadian Tire Change In Inventory Related Terms

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Canadian Tire (Canadian Tire) Business Description

Industry
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Traded in Other Exchanges
YAAA:Germany CTC.A:Canada CTC:Canada
Address
2180 Yonge Street, P.O. Box 770, Toronto, ON, CAN, M4P 2V8
Website
https://www.corp.canadiantire.ca
Canadian Tire sells home goods, sporting equipment, apparel, footwear, automotive parts and accessories, and vehicle fuel through a roughly 1,700-store network of company, dealer, and franchisee-operated locations across Canada. Aside from the namesake banner, stores operate primarily under the Mark's, SportChek, Party City, Atmosphere, and PartSource monikers. Additionally, the company owns Helly Hansen, a Norwegian sportswear and workwear brand, and also operates and holds majority ownership of a financing arm (Canadian Tire Financial Services; 20% owned by Scotiabank) and a REIT (CT REIT; Canadian Tire owns about 70%).