Canadian North Resources (TSXV:CNRI) Change In Inventory

: C$0.00 Mil (TTM As of Sep. 2023)

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Canadian North Resources's change in inventory for the quarter that ended in Sep. 2023 was C$0.00 Mil. It means Canadian North Resources's inventory stayed the same from Jun. 2023 to Sep. 2023 .

Canadian North Resources's change in inventory for the fiscal year that ended in Dec. 2022 was C$0.00 Mil. It means Canadian North Resources's inventory stayed the same from Dec. 2021 to Dec. 2022 .

Canadian North Resources's Total Inventories for the quarter that ended in Sep. 2023 was C$0.00 Mil.

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

Canadian North Resources Change In Inventory Historical Data

The historical data trend for Canadian North Resources'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 North Resources Annual Data

Trend

Dec20

Dec21

Dec22

Change In Inventory

Canadian North Resources Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Change In Inventory								-	-	-	-	-

Canadian North Resources 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.00 Mil.

Canadian North Resources (TSXV:CNRI) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0	/	0.023	*	365 / 4
	=	0.00

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

Canadian North Resources's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.023	/	0
	=	N/A

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 North Resources's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

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

Canadian North Resources Change In Inventory Related Terms

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Canadian North Resources (TSXV:CNRI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Canadian North Resources Inc (TSXV:CNRI) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

CNRSF:USA EO0:Germany

Address

299 Courtneypark Dr. E, 3rd Floor, Mississauga, ON, CAN

Website

https://www.cnresources.com

Canadian North Resources Inc is a Canadian mining exploration and development company that owns an interest in the Ferguson Lake mining property in the Kivalliq Region of Nunavut, Canada.

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