QQREF (Quebec Rare Earth Elements) Change In Inventory : $0.00 Mil (TTM As of Oct. 2024)

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What is Quebec Rare Earth Elements Change In Inventory?

Quebec Rare Earth Elements's change in inventory for the quarter that ended in Oct. 2024 was $0.00 Mil. It means Quebec Rare Earth Elements's inventory stayed the same from Jul. 2024 to Oct. 2024 .

Quebec Rare Earth Elements's change in inventory for the fiscal year that ended in Apr. 2024 was $0.00 Mil. It means Quebec Rare Earth Elements's inventory stayed the same from Apr. 2023 to Apr. 2024 .

Quebec Rare Earth Elements's Total Inventories for the quarter that ended in Oct. 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.

Quebec Rare Earth Elements Change In Inventory Historical Data

The historical data trend for Quebec Rare Earth Elements'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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Quebec Rare Earth Elements Change In Inventory Chart

Quebec Rare Earth Elements Annual Data

Trend

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Change In Inventory

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Quebec Rare Earth Elements Quarterly Data
	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Quebec Rare Earth Elements 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 Oct. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

Quebec Rare Earth Elements (OTCPK:QQREF) Change In Inventory Explanation

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

Quebec Rare Earth Elements'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.

Quebec Rare Earth Elements's Inventory Turnover for the quarter that ended in Oct. 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.

Quebec Rare Earth Elements's Inventory to Revenue for the quarter that ended in Oct. 2024 is calculated as

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

Quebec Rare Earth Elements Change In Inventory Related Terms

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Quebec Rare Earth Elements Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Quebec Rare Earth Elements Corp (OTCPK:QQREF) » Definitions » Change In Inventory

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Traded in Other Exchanges

41K:Germany QREE:Canada

Address

410 West Georgia Street, 5th Floor, Vancouver, BC, CAN, V6B 1Z3

Website

https://www.qree.ca

Quebec Rare Earth Elements Corp is a mining exploration and development company focused on Rare Earth Elements (REE), in the favorable mining jurisdiction of Quebec. Its projects are Saguenay Rare Earth Elements Project and Sept-Iles Rare Earth Elements Project.