Quebec Innovative Materials (XCNQ:QIMC) Days Inventory : 0.00 (As of Dec. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Quebec Innovative Materials Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Quebec Innovative Materials's Average Total Inventories for the three months ended in Dec. 2024 was C$0.00 Mil. Quebec Innovative Materials's Cost of Goods Sold for the three months ended in Dec. 2024 was C$0.00 Mil.

The historical rank and industry rank for Quebec Innovative Materials's Days Inventory or its related term are showing as below:

XCNQ:QIMC's Days Inventory is not ranked ^*
in the Metals & Mining industry.
Industry Median: 86.97
* Ranked among companies with meaningful Days Inventory only.

Quebec Innovative Materials's Days Inventory stayed the same from Sep. 2023 (0.00) to Dec. 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.

Quebec Innovative Materials Days Inventory Historical Data

The historical data trend for Quebec Innovative Materials'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.

Quebec Innovative Materials Days Inventory Chart

Quebec Innovative Materials Annual Data

Trend

Sep20

Sep21

Sep22

Sep23

Sep24

Days Inventory

Quebec Innovative Materials Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Sep24	Dec24
Days Inventory	Get a 7-Day Free Trial														-	-	-	-	-

Competitive Comparison of Quebec Innovative Materials's Days Inventory

For the Other Industrial Metals & Mining subindustry, Quebec Innovative Materials'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.

Quebec Innovative Materials's Days Inventory Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Quebec Innovative Materials's Days Inventory falls into.

Save Embed

;

Save Embed

;

Quebec Innovative Materials Days Inventory Calculation

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

Quebec Innovative Materials's Days Inventory for the fiscal year that ended in Sep. 2024 is calculated as

	Days Inventory (A: Sep. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Sep. 2023 )	+	Total Inventories (A: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2024 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0	*	365
=	0					/	0	*	365
=	N/A

Quebec Innovative Materials's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

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

Quebec Innovative Materials (XCNQ:QIMC) 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.

Quebec Innovative Materials's Inventory Turnover for the three months ended in Dec. 2024 is calculated as

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

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.

Quebec Innovative Materials's Inventory to Revenue for the three months ended in Dec. 2024 is calculated as

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

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.

Quebec Innovative Materials Days Inventory Related Terms

Thank you for viewing the detailed overview of Quebec Innovative Materials's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Quebec Innovative Materials Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Quebec Innovative Materials Corp (XCNQ:QIMC) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

7FJ:Germany

Address

1111 Melville Street, Suite 1100, Vancouver, BC, CAN, V6E 3V6

Website

https://www.qimaterials.com

Quebec Innovative Materials Corp is engaged in the exploration of mineral resource properties with an emphasis on the Charlevoix Silica Property located in Clermont. the projects of the company involve Industrial Minerals, Pilot processing and Hydrogen Helium.

Executives

Sheldon Inwentash	10% Security Holder
Threed Capital Inc.	10% Security Holder
Jakson Samuel Inwentash	Director
Ming Jang	Director
John Ioannis Karagiannidis	Director
Raymond Edward Wladichuk	Director, Senior Officer

Quebec Innovative Materials Headlines

No Headlines