Clearwater Seafoods (Clearwater Seafoods) Change In Inventory : $24.0 Mil (TTM As of Sep. 2020)

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What is Clearwater Seafoods Change In Inventory?

Clearwater Seafoods's change in inventory for the quarter that ended in Sep. 2020 was $3.2 Mil. It means Clearwater Seafoods's inventory declined by $3.2 Mil from Jun. 2020 to Sep. 2020 .

Clearwater Seafoods's change in inventory for the fiscal year that ended in Dec. 2019 was $-2.2 Mil. It means Clearwater Seafoods's inventory increased by $2.2 Mil from Dec. 2018 to Dec. 2019 .

Clearwater Seafoods's Total Inventories for the quarter that ended in Sep. 2020 was $65.6 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Clearwater Seafoods's Days Inventory for the quarter that ended in Sep. 2020 was 76.24.

Inventory Turnover measures how fast the company turns over its inventory within a year. Clearwater Seafoods's Inventory Turnover for the quarter that ended in Sep. 2020 was 1.20.

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 Seafoods's Inventory-to-Revenue for the quarter that ended in Sep. 2020 was 0.65.

Clearwater Seafoods Change In Inventory Historical Data

The historical data trend for Clearwater Seafoods's Change In 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.

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Clearwater Seafoods Change In Inventory Chart

Clearwater Seafoods Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Change In Inventory

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-5.32

-16.52

9.88

3.03

-2.15

Clearwater Seafoods Quarterly Data
	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20
Change In Inventory	Get a 7-Day Free Trial															3.65	31.92	-2.68	-8.51	3.24

Clearwater Seafoods Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Sep. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was $24.0 Mil.

Clearwater Seafoods (GREY:CSEAF) Change In Inventory Explanation

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

Clearwater Seafoods's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	65.834	/	78.799	*	365 / 4
	=	76.24

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

Clearwater Seafoods's Inventory Turnover for the quarter that ended in Sep. 2020 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	78.799	/	65.834
	=	1.20

3. 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 Seafoods's Inventory to Revenue for the quarter that ended in Sep. 2020 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	65.834	/	101.07
	=	0.65

Clearwater Seafoods Change In Inventory 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 » Change In Inventory

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Traded in Other Exchanges

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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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