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Commerce Resources (TSXV:CCE) Days Inventory : 0.00 (As of Apr. 2025)


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What is Commerce Resources Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Commerce Resources's Average Total Inventories for the three months ended in Apr. 2025 was C$0.00 Mil. Commerce Resources's Cost of Goods Sold for the three months ended in Apr. 2025 was C$0.00 Mil.

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

TSXV:CCE's Days Inventory is not ranked *
in the Metals & Mining industry.
Industry Median: 86.27
* Ranked among companies with meaningful Days Inventory only.

Commerce Resources's Days Inventory stayed the same from Apr. 2024 (0.00) to Apr. 2025 (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.


Commerce Resources Days Inventory Historical Data

The historical data trend for Commerce 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.

* Premium members only.

Commerce Resources Days Inventory Chart

Commerce Resources Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
Days Inventory
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Commerce Resources Quarterly Data
Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25
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Competitive Comparison of Commerce Resources's Days Inventory

For the Other Industrial Metals & Mining subindustry, Commerce 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.


Commerce Resources's Days Inventory Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Commerce Resources's Days Inventory falls into.


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Commerce Resources Days Inventory Calculation

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

Commerce Resources's Days Inventory for the fiscal year that ended in Oct. 2024 is calculated as

Days Inventory (A: Oct. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Oct. 2023 ) + Total Inventories (A: Oct. 2024 )) / count ) / Cost of Goods Sold (A: Oct. 2024 )*Days in Period
=( (0 + 0) / 1 ) / 0*365
=0 / 0*365
=N/A

Commerce Resources's Days Inventory for the quarter that ended in Apr. 2025 is calculated as:

Days Inventory (Q: Apr. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jan. 2025 ) + Total Inventories (Q: Apr. 2025 )) / count ) / Cost of Goods Sold (Q: Apr. 2025 )*Days in Period
=( (0 + 0) / 1 ) / 0*365 / 4
=0 / 0*365 / 4
=N/A

* 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.


Commerce Resources  (TSXV:CCE) 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.

Commerce Resources's Inventory Turnover for the three months ended in Apr. 2025 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.

Commerce Resources's Inventory to Revenue for the three months ended in Apr. 2025 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.


Commerce Resources Days Inventory Related Terms

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


Commerce Resources Business Description

Traded in Other Exchanges
Address
789 West Pender, Suite 1450, Vancouver, BC, CAN, V6C 1H2
Commerce Resources Corp is a junior mineral resource company focused on developing the Ashram Rare Earth and Fluorspar Deposit located within their Eldor Property in northern Quebec, Canada. The Ashram Deposit is characterized by simple rare earth (monazite, bastnaesite, xenotime) and gangue (carbonates) mineralogy, a large tonnage resource at favorable grade, and has demonstrated the production of high-grade mineral concentrates at high recovery. The Ashram Deposit also has a fluorspar component which could be a long-term supplier to the met-spar and acid-spar markets. The Company is focused on being a long-term supplier of mixed rare earth carbonate and/or NdPr oxide to the market.
Executives
Ross Carroll Senior Officer
Jody Dahrouge Director
Chris Grove Director
David Hodge Director, Senior Officer
Zimtu Capital Corp. 10% Security Holder

Commerce Resources Headlines

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