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Clean Seas Seafood (OSL:CSS) Days Inventory : 227.19 (As of Dec. 2023)


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What is Clean Seas Seafood Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Clean Seas Seafood's Average Total Inventories for the six months ended in Dec. 2023 was kr97.7 Mil. Clean Seas Seafood's Cost of Goods Sold for the six months ended in Dec. 2023 was kr78.5 Mil. Hence, Clean Seas Seafood's Days Inventory for the six months ended in Dec. 2023 was 227.19.

The historical rank and industry rank for Clean Seas Seafood's Days Inventory or its related term are showing as below:

OSL:CSS' s Days Inventory Range Over the Past 10 Years
Min: 42.21   Med: 109.29   Max: 3068.16
Current: 750.41

During the past 13 years, Clean Seas Seafood's highest Days Inventory was 3068.16. The lowest was 42.21. And the median was 109.29.

OSL:CSS's Days Inventory is ranked worse than
97.48% of 1785 companies
in the Consumer Packaged Goods industry
Industry Median: 81.97 vs OSL:CSS: 750.41

Clean Seas Seafood's Days Inventory declined from Dec. 2022 (392.35) to Dec. 2023 (227.19).

Inventory Turnover measures how fast the company turns over its inventory within a year. Clean Seas Seafood's Inventory Turnover for the six months ended in Dec. 2023 was 0.80.

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. Clean Seas Seafood's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.41.


Clean Seas Seafood Days Inventory Historical Data

The historical data trend for Clean Seas Seafood'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.

Clean Seas Seafood Days Inventory Chart

Clean Seas Seafood Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 99.51 104.78 82.17 909.28 -

Clean Seas Seafood Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 403.66 - 392.35 - 227.19

Competitive Comparison of Clean Seas Seafood's Days Inventory

For the Farm Products subindustry, Clean Seas Seafood'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.


Clean Seas Seafood's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Clean Seas Seafood's Days Inventory distribution charts can be found below:

* The bar in red indicates where Clean Seas Seafood's Days Inventory falls into.



Clean Seas Seafood Days Inventory Calculation

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

Clean Seas Seafood's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

Days Inventory (A: Jun. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2022 ) + Total Inventories (A: Jun. 2023 )) / count ) / Cost of Goods Sold (A: Jun. 2023 )*Days in Period
=( (52.698 + 81.089) / 2 ) / -9.26*365
=66.8935 / -9.26*365
=N/A

Clean Seas Seafood'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: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (81.089 + 114.335) / 2 ) / 78.492*365 / 2
=97.712 / 78.492*365 / 2
=227.19

* 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.


Clean Seas Seafood  (OSL:CSS) 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.

Clean Seas Seafood's Inventory Turnover for the six 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.

Clean Seas Seafood's Inventory to Revenue for the six 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.


Clean Seas Seafood Days Inventory Related Terms

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


Clean Seas Seafood (OSL:CSS) Business Description

Traded in Other Exchanges
Address
7 Frederick Road, Royal Park, Adelaide, SA, AUS, 5014
Clean Seas Seafood Ltd is engaged in full-cycle breeding, production, and sale of Yellowtail Kingfish. The company's operating segments are Finfish Sales and Tuna Operations. It generates a majority of its revenue from the Finfish sales segment. The fish sales segment includes Yellowtail Kingfish, Mulloway, and some wild caught Tuna. Geographically, it derives a majority of its revenue from Australia and also has a presence in Europe and Other countries.

Clean Seas Seafood (OSL:CSS) Headlines

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