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RAREF (Canada Rare Earth) Days Inventory : 0.00 (As of Sep. 2024)


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What is Canada Rare Earth Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Canada Rare Earth's Average Total Inventories for the three months ended in Sep. 2024 was $0.00 Mil. Canada Rare Earth's Cost of Goods Sold for the three months ended in Sep. 2024 was $1.09 Mil. Hence, Canada Rare Earth's Days Inventory for the three months ended in Sep. 2024 was 0.00.

The historical rank and industry rank for Canada Rare Earth's Days Inventory or its related term are showing as below:

RAREF's Days Inventory is not ranked *
in the Metals & Mining industry.
Industry Median: 86.21
* Ranked among companies with meaningful Days Inventory only.

Canada Rare Earth's Days Inventory stayed the same from Jun. 2023 (0.00) to Sep. 2024 (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. Canada Rare Earth's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.00.


Canada Rare Earth Days Inventory Historical Data

The historical data trend for Canada Rare Earth'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.

Canada Rare Earth Days Inventory Chart

Canada Rare Earth Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
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Canada Rare Earth Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Jun24 Sep24
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Competitive Comparison of Canada Rare Earth's Days Inventory

For the Other Industrial Metals & Mining subindustry, Canada Rare Earth'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.


Canada Rare Earth's Days Inventory Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Canada Rare Earth's Days Inventory falls into.



Canada Rare Earth Days Inventory Calculation

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

Canada Rare Earth's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

Days Inventory (A: Mar. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2022 ) + Total Inventories (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (0 + 0) / 1 ) / 2.982*365
=0 / 2.982*365
=0.00

Canada Rare Earth's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

Days Inventory (Q: Sep. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (0 + 0) / 1 ) / 1.092*365 / 4
=0 / 1.092*365 / 4
=0.00

* 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.


Canada Rare Earth  (OTCPK:RAREF) 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.

Canada Rare Earth's Inventory Turnover for the three months ended in Sep. 2024 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.

Canada Rare Earth's Inventory to Revenue for the three months ended in Sep. 2024 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.


Canada Rare Earth Days Inventory Related Terms

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Canada Rare Earth Business Description

Traded in Other Exchanges
Address
650 West Georgia Street, Suite 2110, Vancouver, BC, CAN, V6B 4N8
Canada Rare Earth Corp is a Canada-based development stage company. The company is engaged in developing an integrated business within the rare earth industry from the initial mandate of acquiring and exploring mineral property interests. It's only reportable segment is the mineral products.

Canada Rare Earth Headlines

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