Commerce Resources (Commerce Resources) Change In Inventory : $0.00 Mil (TTM As of Jan. 2024)

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What is Commerce Resources Change In Inventory?

Commerce Resources's change in inventory for the quarter that ended in Jan. 2024 was $0.00 Mil. It means Commerce Resources's inventory stayed the same from Oct. 2023 to Jan. 2024 .

Commerce Resources's change in inventory for the fiscal year that ended in Oct. 2023 was $0.00 Mil. It means Commerce Resources's inventory stayed the same from Oct. 2022 to Oct. 2023 .

Commerce Resources's Total Inventories for the quarter that ended in Jan. 2024 was $0.00 Mil.

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

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 Change In Inventory Historical Data

The historical data trend for Commerce 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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Commerce Resources Change In Inventory Chart

Commerce Resources Annual Data

Trend

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Change In Inventory

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Commerce Resources Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Commerce 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 Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

Commerce Resources (OTCPK:CMRZF) Change In Inventory Explanation

1. 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 quarter that ended in is calculated as:

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

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

Commerce Resources's Inventory Turnover for the quarter that ended in Jan. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0	/	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.

Commerce Resources's Inventory to Revenue for the quarter that ended in Jan. 2024 is calculated as

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

Commerce Resources Change In Inventory Related Terms

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Commerce Resources (Commerce Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Commerce Resources Corp (OTCPK:CMRZF) » Definitions » Change In Inventory

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Traded in Other Exchanges

D7H0:Germany CCE:Canada

Address

789 West Pender, Suite 1450, Vancouver, BC, CAN, V6C 1H2

Website

https://www.commerceresources.com

Commerce Resources Corp is an exploration stage company based in Canada. It engages in the business of acquiring, exploring, developing, and evaluating mineral resource properties. The company is specifically focused on the development of the Ashram Rare Earth Project at the Eldor Property in Quebec, and the Blue River Tantalum and Niobium Project in British Columbia.