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Clearwater Paper (Clearwater Paper) Days Inventory

: 68.12 (As of Dec. 2023)
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Days Inventory is also known as Days Sales of Inventory (DSI). Clearwater Paper's Average Total Inventories for the three months ended in Dec. 2023 was $327 Mil. Clearwater Paper's Cost of Goods Sold for the three months ended in Dec. 2023 was $437 Mil. Hence, Clearwater Paper's Days Inventory for the three months ended in Dec. 2023 was 68.12.

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

CLW' s Days Inventory Range Over the Past 10 Years
Min: 59.21   Med: 62.82   Max: 69.29
Current: 69.29

During the past 13 years, Clearwater Paper's highest Days Inventory was 69.29. The lowest was 59.21. And the median was 62.82.

CLW's Days Inventory is ranked better than
68.71% of 278 companies
in the Forest Products industry
Industry Median: 87.975 vs CLW: 69.29

Clearwater Paper's Days Inventory increased from Dec. 2022 (60.42) to Dec. 2023 (68.12). It might indicate that Clearwater Paper's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Clearwater Paper's Inventory Turnover for the three months ended in Dec. 2023 was 1.34.

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. Clearwater Paper's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.64.


Clearwater Paper Days Inventory Historical Data

The historical data trend for Clearwater Paper'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.

Clearwater Paper Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 62.58 63.14 62.10 60.22 67.06

Clearwater Paper Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Inventory 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 Premium Member Only Premium Member Only Premium Member Only 60.42 68.11 71.33 71.92 68.12

Competitive Comparison

For the Paper & Paper Products subindustry, Clearwater Paper'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.


Clearwater Paper Days Inventory Distribution

For the Forest Products industry and Basic Materials sector, Clearwater Paper's Days Inventory distribution charts can be found below:

* The bar in red indicates where Clearwater Paper's Days Inventory falls into.



Clearwater Paper Days Inventory Calculation

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

Clearwater Paper'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
=( (324 + 319.8) / 2 ) / 1752*365
=321.9 / 1752*365
=67.06

Clearwater Paper's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (333.3 + 319.8) / 2 ) / 437.4*365 / 4
=326.55 / 437.4*365 / 4
=68.12

* 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.


Clearwater Paper  (NYSE:CLW) 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.

Clearwater Paper's Inventory Turnover for the three months ended in Dec. 2023 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.

Clearwater Paper's Inventory to Revenue for the three months ended in Dec. 2023 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.


Clearwater Paper Days Inventory Related Terms

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


Clearwater Paper (Clearwater Paper) Business Description

Traded in Other Exchanges
Address
601 West Riverside, Suite 1100, Spokane, WA, USA, 99201
Clearwater Paper Corp is engaged in the manufacturing and selling of private label tissue, paperboard, and pulp-based products. The company has two reportable segments namely the consumer products segment which manufactures and sells a complete line of at-home tissue products as well as AFH products. The pulp and paperboard segment manufactures and markets bleached paperboard for the high-end segment of the packaging industry as well as offers services that include custom sheeting, slitting and cutting of paperboard. It generates maximum revenue from Pulp and Paperboard segment. Geographically, it derives maximum revenue from the United States.
Executives
Sherri Baker officer: SVP, CFO 1070 TECHNOLOGY DRIVE, NORTH VENICE FL 34275
Michael S Gadd officer: Vice President 601 W FIRST AVE., SUITE 1600, SPOKANE WA 99201
Rebecca Anne Barckley officer: VP, Controller 414 UNION STREET, SUITE 2000, NASHVILLE TN 37219
Michael John Murphy officer: Sr. VP, Finance and CFO KAPSTONE PAPER AND PACKAGING CORPORATION, 1101 SKOKIE BLVD., STE. 300, NORTHBROOK IL 60062
Kari G. Moyes officer: SVP, HR 601 WEST RIVERSIDE AVENUE, SUITE 1100, SPOKANE WA 99201
Steve M Bowden officer: Senior Vice President 601 WEST RIVERSIDE AVE., SUITE 1100, SPOKANE WA 99201
Jeanne M Hillman director C/O WEYERHAEUSER COMPANY, 220 OCCIDENTAL AVENUE SOUTH, SEATTLE WA 98104
Michael J Urlick officer: Sr. VP, GM, CPD 601 W. RIVERSIDE AVE., SUITE 1100, SPOKANE WA 99201
Vickers Tucker Christine M. director 601 W RIVERSIDE AVE. SUITE 1100, SPOKANE WA 99201
Ann C Nelson director 601 W. RIVERSIDE AVE., SUITE 1100, SPOKANE WA 99201
Joanne P. Shufelt officer: SVP, GM, CPD 601 W. RIVERSIDE AVE., SUITE 1100, SPOKANE WA 99201
Linda K Massman officer: Vice President 601 W. FIRST AVE, SUITE 1600, SPOKANE WA 99201
John J Corkrean director 370 WABASHA STREET NORTH, SAINT PAUL MN 55102
Robert G. Hrivnak officer: Sr. VP, Finance and CFO C/O ORION ENGINEERED CARBONS S.A., 4501 MAGNOLIA COVE DRIVE, SUITE 106, HOUSTON TX 77345
Arsen S. Kitch officer: Vice President 601 WEST RIVERSIDE AVE., SUITE 1100, SPOKANE WA 99201