Clearwater Seafoods (Clearwater Seafoods) Days Sales Outstanding : 48.80 (As of Sep. 2020)

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What is Clearwater Seafoods Days Sales Outstanding?

Clearwater Seafoods's average Accounts Receivable for the three months ended in Sep. 2020 was $54.0 Mil. Clearwater Seafoods's Revenue for the three months ended in Sep. 2020 was $101.1 Mil. Hence, Clearwater Seafoods's Days Sales Outstanding for the three months ended in Sep. 2020 was 48.80.

The historical rank and industry rank for Clearwater Seafoods's Days Sales Outstanding or its related term are showing as below:

CSEAF's Days Sales Outstanding is not ranked ^*
in the Consumer Packaged Goods industry.
Industry Median: 39.085
* Ranked among companies with meaningful Days Sales Outstanding only.

Clearwater Seafoods's Days Sales Outstanding increased from Sep. 2019 (48.26) to Sep. 2020 (48.80).

Clearwater Seafoods Days Sales Outstanding Historical Data

The historical data trend for Clearwater Seafoods's Days Sales Outstanding 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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Clearwater Seafoods Days Sales Outstanding Chart

Clearwater Seafoods Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Days Sales Outstanding

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44.22

40.93

44.27

49.34

41.39

Clearwater Seafoods Quarterly Data
	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20
Days Sales Outstanding	Get a 7-Day Free Trial															48.26	46.32	65.04	59.62	48.80

Competitive Comparison of Clearwater Seafoods's Days Sales Outstanding

For the Packaged Foods subindustry, Clearwater Seafoods's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding 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 Seafoods's Days Sales Outstanding Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Clearwater Seafoods's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Clearwater Seafoods's Days Sales Outstanding falls into.

Clearwater Seafoods Days Sales Outstanding Calculation

Days Sales Outstanding measures the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Accounts Receivable can be measured by Days Sales Outstanding.

Clearwater Seafoods's Days Sales Outstanding for the fiscal year that ended in Dec. 2019 is calculated as

	Days Sales Outstanding (A: Dec. 2019 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2018 )	+	Accounts Receivable (A: Dec. 2019 ))	/	count )	/	Revenue (A: Dec. 2019 )	*	Days in Period
=	( (51.319	+	54.808)	/	2 )	/	467.95	*	365
=	53.0635					/	467.95	*	365
=	41.39

Clearwater Seafoods's Days Sales Outstanding for the quarter that ended in Sep. 2020 is calculated as:

	Days Sales Outstanding (Q: Sep. 2020 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2020 )	+	Accounts Receivable (A: Sep. 2020 ))	/	count )	/	Revenue (A: Sep. 2020 )	*	Days in Period
=	( (54.528	+	53.565)	/	2 )	/	101.07	*	365 / 4
=	54.0465					/	101.07	*	365 / 4
=	48.80

Clearwater Seafoods (GREY:CSEAF) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.

Clearwater Seafoods Days Sales Outstanding Related Terms

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Clearwater Seafoods (Clearwater Seafoods) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Clearwater Seafoods Inc (GREY:CSEAF) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

757 Bedford Highway, Bedford, NS, CAN, B4A 3Z7

Website

https://www.clearwater.ca

Clearwater Seafoods Inc is a distributor of shellfish and seafood with operations in Asia, North America, and Europe. Revenue is largely generated by the company's European branch. Clearwater Seafoods engages in the harvesting, processing, and marketing of seafood. The company obtains wild-caught seafood through its vessels located within Canada and Argentina. Products are segmented into scallops, lobster, clams, coldwater shrimp, crab, Langoustine and Groundfish, and other shellfish. The scallop segment contributes to the majority of Clearwater Seafoods' revenue.

Clearwater Seafoods (Clearwater Seafoods) Headlines

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