Canadian Tire (TSX:CTC.A) Change In Inventory : C$0 Mil (TTM As of Sep. 2024)

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What is Canadian Tire Change In Inventory?

Canadian Tire's change in inventory for the quarter that ended in Sep. 2024 was C$0 Mil. It means Canadian Tire's inventory stayed the same from Jun. 2024 to Sep. 2024 .

Canadian Tire's change in inventory for the fiscal year that ended in Dec. 2023 was C$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 Sep. 2024 was C$3,060 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 Sep. 2024 was 95.79.

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 Sep. 2024 was 0.95.

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 Sep. 2024 was 0.69.

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

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Change In Inventory

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Canadian Tire Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0 Mil.

Canadian Tire (TSX:CTC.A) 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
	=	2898.7	/	2761.3	*	365 / 4
	=	95.79

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 Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2761.3	/	2898.7
	=	0.95

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 Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2898.7	/	4192.9
	=	0.69

Canadian Tire Change In Inventory Related Terms

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Canadian Tire Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Canadian Tire Corp Ltd (TSX:CTC.A) » Definitions » Change In Inventory

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CDNAF:USA CTC:Canada

Address

2180 Yonge Street, P.O. Box 770, Toronto, ON, CAN, M4P 2V8

Website

https://www.corp.canadiantire.ca

Canadian Tire is a leading general merchandise retailer with over 1,400 affiliated stores across Canada. The company operates about 650 stores, with the remaining operated by franchisees or third-party dealers. The retailer boasts a wide array of owned and affiliated banners that include its iconic namesake brand, Mark's, Sport Chek, Sports Experts, PartSource, Party City, and Helly Hansen. Its wide product assortment includes automotive parts, appliances, home improvement items, sporting goods, and apparel. The firm also offers a loyalty program with 11 million members and owns a financial services arm that manages a credit card portfolio for its more than 2 million active users.

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