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Big Red Mining (XCNQ:RED) Inventory-to-Revenue : 0.00 (As of May. 2024)


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What is Big Red Mining 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. Big Red Mining's Average Total Inventories for the quarter that ended in May. 2024 was C$0.00 Mil. Big Red Mining's Revenue for the three months ended in May. 2024 was C$0.00 Mil.

Big Red Mining's Inventory-to-Revenue for the quarter that ended in May. 2024 stayed the same from Feb. 2024 (0.00) to Feb. 2024 (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.


Big Red Mining Inventory-to-Revenue Historical Data

The historical data trend for Big Red Mining'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.

Big Red Mining Inventory-to-Revenue Chart

Big Red Mining Annual Data
Trend Aug21 Aug22 Aug23
Inventory-to-Revenue
- - -

Big Red Mining Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24
Inventory-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Big Red Mining's Inventory-to-Revenue

For the Other Industrial Metals & Mining subindustry, Big Red Mining'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.


Big Red Mining's Inventory-to-Revenue Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Big Red Mining's Inventory-to-Revenue falls into.



Big Red Mining 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.

Big Red Mining's Inventory-to-Revenue for the fiscal year that ended in Aug. 2023 is calculated as

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

Big Red Mining's Inventory-to-Revenue for the quarter that ended in May. 2024 is calculated as

Inventory-to-Revenue (Q: May. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Feb. 2024 ) + Total Inventories (Q: May. 2024 )) / count ) / Revenue (Q: May. 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.


Big Red Mining  (XCNQ:RED) 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.

Big Red Mining's Days Inventory for the three months ended in May. 2024 is calculated as:

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

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

Big Red Mining's Inventory Turnover for the quarter that ended in May. 2024 is calculated as

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


Big Red Mining Inventory-to-Revenue Related Terms

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Big Red Mining Business Description

Traded in Other Exchanges
Address
101 - 17565 58 Avenue, Surrey, BC, CAN, V3S 4E3
Big Red Mining Corp is in the business of acquiring and exploring mineral properties. It is an exploration company focused on developing its flagship copper project, the Dobie Lake Copper Property in Ontario, Canada. The management team possesses extensive experience in financing, exploration, development, and mining. The Company's mission is to conduct future drilling campaigns on the Dobie Lake copper property to maximize its minable resource potential.
Executives
Jag Sandhu 10% Security Holder, Director, Senior Officer
James Atkinson Director

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