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Commerce Resources (Commerce Resources) Inventory-to-Revenue : 0.00 (As of Jan. 2024)


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What is Commerce Resources Inventory-to-Revenue?

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. Commerce Resources's Average Total Inventories for the quarter that ended in Jan. 2024 was $0.00 Mil. Commerce Resources's Revenue for the three months ended in Jan. 2024 was $0.00 Mil.

Commerce Resources's Inventory-to-Revenue for the quarter that ended in Jan. 2024 stayed the same from Oct. 2023 (0.00) to Oct. 2023 (0.00)

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.


Commerce Resources Inventory-to-Revenue Historical Data

The historical data trend for Commerce Resources's Inventory-to-Revenue 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.

Commerce Resources Inventory-to-Revenue Chart

Commerce Resources Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Inventory-to-Revenue
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Commerce Resources Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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Competitive Comparison of Commerce Resources's Inventory-to-Revenue

For the Other Industrial Metals & Mining subindustry, Commerce Resources's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue 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.


Commerce Resources's Inventory-to-Revenue Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Commerce Resources's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Commerce Resources's Inventory-to-Revenue falls into.



Commerce Resources Inventory-to-Revenue Calculation

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.

Commerce Resources's Inventory-to-Revenue for the fiscal year that ended in Oct. 2023 is calculated as

Inventory-to-Revenue (A: Oct. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Oct. 2022 ) + Total Inventories (A: Oct. 2023 )) / count ) / Revenue (A: Oct. 2023 )
=( (0 + 0) / 1 ) / 0
=0 / 0
=N/A

Commerce Resources's Inventory-to-Revenue for the quarter that ended in Jan. 2024 is calculated as

Inventory-to-Revenue (Q: Jan. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Oct. 2023 ) + Total Inventories (Q: Jan. 2024 )) / count ) / Revenue (Q: Jan. 2024 )
=( (0 + 0) / 1 ) / 0
=0 / 0
=

* 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.


Commerce Resources  (OTCPK:CMRZF) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

More Related Terms:

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

Commerce Resources's Days Inventory for the three months ended in Jan. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Jan. 2024 )/Cost of Goods Sold (Q: Jan. 2024 )*Days in Period
=0/0*365 / 4
=

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Commerce Resources's Inventory Turnover for the quarter that ended in Jan. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jan. 2024 ) / Average Total Inventories (Q: Jan. 2024 )
=0 / 0
=

* 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.


Commerce Resources Inventory-to-Revenue Related Terms

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Commerce Resources (Commerce Resources) Business Description

Traded in Other Exchanges
Address
789 West Pender, Suite 1450, Vancouver, BC, CAN, V6C 1H2
Commerce Resources Corp is an exploration stage company based in Canada. It engages in the business of acquiring, exploring, developing, and evaluating mineral resource properties. The company is specifically focused on the development of the Ashram Rare Earth Project at the Eldor Property in Quebec, and the Blue River Tantalum and Niobium Project in British Columbia.