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Midland Exploration (TSXV:MD) Inventory-to-Revenue : 0.00 (As of Mar. 2024)


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What is Midland Exploration 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. Midland Exploration's Average Total Inventories for the quarter that ended in Mar. 2024 was C$0.00 Mil. Midland Exploration's Revenue for the three months ended in Mar. 2024 was C$0.03 Mil. Midland Exploration's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.00.

Midland Exploration's Inventory-to-Revenue for the quarter that ended in Mar. 2024 stayed the same from Dec. 2023 (0.00) to Dec. 2023 (0.00)

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Midland Exploration's Days Inventory for the three months ended in Mar. 2024 was 0.00.

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


Midland Exploration Inventory-to-Revenue Historical Data

The historical data trend for Midland Exploration'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.

Midland Exploration Inventory-to-Revenue Chart

Midland Exploration Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Inventory-to-Revenue
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Midland Exploration Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Midland Exploration's Inventory-to-Revenue

For the Other Industrial Metals & Mining subindustry, Midland Exploration'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.


Midland Exploration's Inventory-to-Revenue Distribution in the Metals & Mining Industry

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

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



Midland Exploration 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.

Midland Exploration's Inventory-to-Revenue for the fiscal year that ended in Sep. 2023 is calculated as

Inventory-to-Revenue (A: Sep. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Sep. 2022 ) + Total Inventories (A: Sep. 2023 )) / count ) / Revenue (A: Sep. 2023 )
=( (0 + 0) / 1 ) / 0.315
=0 / 0.315
=0.00

Midland Exploration's Inventory-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue (Q: Mar. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Revenue (Q: Mar. 2024 )
=( (0 + 0) / 1 ) / 0.033
=0 / 0.033
=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.


Midland Exploration  (TSXV:MD) 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.

Midland Exploration's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=0/0.008*365 / 4
=0.00

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

Midland Exploration's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2024 ) / Average Total Inventories (Q: Mar. 2024 )
=0.008 / 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.


Midland Exploration Inventory-to-Revenue Related Terms

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Midland Exploration (TSXV:MD) Business Description

Traded in Other Exchanges
Address
1, Place Ville Marie, Bureau 4000, Montreal, QC, CAN, H3B 4M4
Midland Exploration Inc is a company in the mining exploration business. The Corporation's operations include the acquisition and exploration of mining properties in Canada. The company has multiple projects comprising Adam, Casault, Heva, Jouvex, Laflamme, Lewis, Maritime-Cadillac, Mythril, Mythril Regional, Soissons, Nachicapau, Noyelles, Willbob, and others.
Executives
Jean Des Rivieres Director

Midland Exploration (TSXV:MD) Headlines