Cannon Resources (ASX:CNR) Inventory-to-Revenue : 0.00 (As of Dec. 2021)

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What is Cannon 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. Cannon Resources's Average Total Inventories for the quarter that ended in Dec. 2021 was A$0.00 Mil. Cannon Resources's Revenue for the six months ended in Dec. 2021 was A$0.00 Mil.

Cannon Resources's Inventory-to-Revenue for the quarter that ended in Dec. 2021 stayed the same from . 20 (0.00) to . 20 (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.

Cannon Resources Inventory-to-Revenue Historical Data

The historical data trend for Cannon 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.

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Cannon Resources Inventory-to-Revenue Chart

Cannon Resources Annual Data

Trend

Jun22

Inventory-to-Revenue

Cannon Resources Semi-Annual Data
	Dec21	Jun22
Inventory-to-Revenue	-	-

Competitive Comparison of Cannon Resources's Inventory-to-Revenue

For the Other Industrial Metals & Mining subindustry, Cannon 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.

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

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

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

Cannon Resources Inventory-to-Revenue Calculation

Cannon Resources's Inventory-to-Revenue for the fiscal year that ended in Jun. 2022 is calculated as

	Inventory-to-Revenue (A: Jun. 2022 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (A: . 20 )	+	Total Inventories (A: Jun. 2022 ))	/	count )	/	Revenue (A: Jun. 2022 )
=	( (	+	0)	/	1 )	/	0
=	0					/	0
=	N/A

Cannon Resources's Inventory-to-Revenue for the quarter that ended in Dec. 2021 is calculated as

	Inventory-to-Revenue (Q: Dec. 2021 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (Q: . 20 )	+	Total Inventories (Q: Dec. 2021 ))	/	count )	/	Revenue (Q: Dec. 2021 )
=	( (	+	0)	/	1 )	/	0
=	0					/	0
=

Cannon Resources (ASX:CNR) 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.

Cannon Resources's Days Inventory for the six months ended in Dec. 2021 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2021 )	/	Cost of Goods Sold (Q: Dec. 2021 )	*	Days in Period
	=	0	/	0	*	365 / 2
	=

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

Cannon Resources's Inventory Turnover for the quarter that ended in Dec. 2021 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Dec. 2021 )	/	Average Total Inventories (Q: Dec. 2021 )
	=	0	/	0
	=

Cannon Resources Inventory-to-Revenue Related Terms

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Cannon Resources (ASX:CNR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Cannon Resources Ltd (ASX:CNR) » Definitions » Inventory-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

87 Colin Street, Level 2, West Perth, Perth, WA, AUS, 6005

Website

https://www.cannonres.com.au

Cannon Resources Ltd is a mineral exploration and development company. It is engaged in two projects located in the North-Eastern Goldfields region of Western Australia. The Fisher East Project contains nickel deposits of Camelwood, Cannonball, and Musket; and the Collurabbie Project. The Group operates within the mineral exploration industry in Australia.