The historical rank and industry rank for Canickel Mining's Days Inventory or its related term are showing as below:
CMLGF's Days Inventory is not ranked *
in the Metals & Mining industry.
Industry Median: 85.57 * Ranked among companies with meaningful Days Inventory only.
Canickel Mining's Days Inventory
stayed the same
from Mar. 2024 (0.00) to Mar. 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.
Canickel Mining (OTCPK:CMLGF) 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.
Canickel Mining's Inventory Turnover for the
three
months ended in Mar. 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.
Canickel Mining's Inventory to Revenue for the
three
months ended in Mar. 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.
Canickel Mining Days Inventory Related Terms
Canickel Mining Days Inventory Historical Data
* Premium members only.
The historical data trend for Canickel Mining'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.
CMLGF vs NRHI, WOLV, ENRT: Days Inventory Comparison
For the Other Industrial Metals & Mining subindustry, Canickel Mining'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.
Canickel Mining Days Inventory vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Canickel Mining's Days Inventory distribution charts can be found below:
* The bar in red indicates where Canickel Mining's Days Inventory falls into.
* 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.
Canickel Mining (CMLGF) has a Days Inventory of 0.00 as of Mar. 2025. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Canickel Mining and its competitors.
Is Canickel Mining's Days Inventory too high?
Canickel Mining's current Days Inventory is 0.00. Overall, Canickel Mining has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Canickel Mining's Days Inventory compare to NRHI and WOLV?
Canickel Mining's Days Inventory of 0.00 can be compared against companies in the Metals & Mining industry. The industry median Days Inventory is 85.57. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for a Metals & Mining company?
The median Days Inventory among Metals & Mining companies is 85.57, based on 680 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Canickel Mining and its competitors. For the Metals & Mining industry, the median Days Inventory is 85.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Canickel Mining's current Days Inventory is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canickel Mining stock overvalued right now?
Canickel Mining (CMLGF) has a current Days Inventory of 0.00. The current Days Inventory is 0.00. Canickel Mining's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Canickel Mining (CMLGF), the current Days Inventory is 0.00 as of Mar. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Canickel Mining Ltd is a Canadian resource company focused on the care and maintenance of its owned Bucko Lake Mine and nickel sulphide project located near Wabowden, Manitoba. The company has single reportable segment and is focused on nickel mining and related activities, including exploration and the extraction and processing of nickel-containing ore.
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