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Climeon AB (Climeon AB) Days Inventory : 369.69 (As of Mar. 2024)


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What is Climeon AB Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Climeon AB's Average Total Inventories for the three months ended in Mar. 2024 was $4.37 Mil. Climeon AB's Cost of Goods Sold for the three months ended in Mar. 2024 was $1.08 Mil. Hence, Climeon AB's Days Inventory for the three months ended in Mar. 2024 was 369.69.

The historical rank and industry rank for Climeon AB's Days Inventory or its related term are showing as below:

CLMOF' s Days Inventory Range Over the Past 10 Years
Min: 126.76   Med: 822.78   Max: 9999.3
Current: 999.56

During the past 9 years, Climeon AB's highest Days Inventory was 9999.30. The lowest was 126.76. And the median was 822.78.

CLMOF's Days Inventory is ranked worse than
96.98% of 331 companies
in the Utilities - Independent Power Producers industry
Industry Median: 31.07 vs CLMOF: 999.56

Climeon AB's Days Inventory increased from Mar. 2023 (0.00) to Mar. 2024 (369.69). It might indicate that Climeon AB's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Climeon AB's Inventory Turnover for the three months ended in Mar. 2024 was 0.25.

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. Climeon AB's Inventory-to-Revenue for the three months ended in Mar. 2024 was 3.43.


Climeon AB Days Inventory Historical Data

The historical data trend for Climeon AB'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.

Climeon AB Days Inventory Chart

Climeon AB Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only 185.48 744.40 858.00 6,199.28 5,890.55

Climeon AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - 800.54 4,903.45 369.69

Competitive Comparison of Climeon AB's Days Inventory

For the Utilities - Renewable subindustry, Climeon AB'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.


Climeon AB's Days Inventory Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Climeon AB's Days Inventory distribution charts can be found below:

* The bar in red indicates where Climeon AB's Days Inventory falls into.



Climeon AB Days Inventory Calculation

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

Climeon AB's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (4.649 + 4.324) / 2 ) / 0.278*365
=4.4865 / 0.278*365
=5,890.55

Climeon AB's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (4.324 + 4.419) / 2 ) / 1.079*365 / 4
=4.3715 / 1.079*365 / 4
=369.69

* 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.


Climeon AB  (OTCPK:CLMOF) 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.

Climeon AB's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

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.

Climeon AB's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

* 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.


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.


Climeon AB Days Inventory Related Terms

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


Climeon AB (Climeon AB) Business Description

Traded in Other Exchanges
Address
Torshamnsgatan 44, Stockholm, SWE, SE-164 40
Climeon AB operates in development and sales of technical solutions for the recycling and conversion of low-temperature heat into environmentally friendly and sustainable electricity. The company offers one product named Climeon Heat Power system which generates clean electricity from that heat, which is a waste heat recovery. Climeon operates in the following segments that are Geothermal, Industrial processes, power station and Maritime. The company operates in Sweden, Europe, North America, and Asia.

Climeon AB (Climeon AB) Headlines

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