GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » CleanCore Solutions Inc (AMEX:ZONE) » Definitions » Days Inventory

CleanCore Solutions (CleanCore Solutions) Days Inventory : 0.00 (As of Dec. 2023)


View and export this data going back to 2024. Start your Free Trial

What is CleanCore Solutions Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). CleanCore Solutions's Average Total Inventories for the three months ended in Dec. 2023 was $0.71 Mil. CleanCore Solutions's Cost of Goods Sold for the three months ended in Dec. 2023 was $0.00 Mil.

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

ZONE' s Days Inventory Range Over the Past 10 Years
Min: 165.07   Med: 194.51   Max: 256.29
Current: 256.29

During the past 3 years, CleanCore Solutions's highest Days Inventory was 256.29. The lowest was 165.07. And the median was 194.51.

ZONE's Days Inventory is ranked worse than
84.89% of 2912 companies
in the Industrial Products industry
Industry Median: 120.56 vs ZONE: 256.29

CleanCore Solutions's Days Inventory declined from Jun. 2022 (158.30) to Dec. 2023 (0.00).

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. CleanCore Solutions's Inventory Turnover for the three months ended in Dec. 2023 was 0.00.

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.


CleanCore Solutions Days Inventory Historical Data

The historical data trend for CleanCore Solutions'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.

CleanCore Solutions Days Inventory Chart

CleanCore Solutions Annual Data
Trend Jun21 Jun22 Jun23
Days Inventory
223.95 165.07 -

CleanCore Solutions Quarterly Data
Jun21 Mar22 Jun22 Oct22 Mar23 Jun23 Dec23
Days Inventory Get a 7-Day Free Trial 158.30 259.49 213.50 194.29 -

Competitive Comparison of CleanCore Solutions's Days Inventory

For the Pollution & Treatment Controls subindustry, CleanCore Solutions'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.


CleanCore Solutions's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, CleanCore Solutions's Days Inventory distribution charts can be found below:

* The bar in red indicates where CleanCore Solutions's Days Inventory falls into.



CleanCore Solutions Days Inventory Calculation

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

CleanCore Solutions'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
=( (1.001 + 0.672) / 2 ) / 0*365
=0.8365 / 0*365
=N/A

CleanCore Solutions'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
=( (0.672 + 0.742) / 2 ) / 0*365 / 4
=0.707 / 0*365 / 4
=N/A

* 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.


CleanCore Solutions  (AMEX:ZONE) 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.

CleanCore Solutions'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.

CleanCore Solutions'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.


CleanCore Solutions Days Inventory Related Terms

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


CleanCore Solutions (CleanCore Solutions) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
5920 South 118th Circle, Suite 2, Omaha, NE, USA, 68137
CleanCore Solutions Inc engages in the development and manufacturing of cleaning products that produce pure aqueous ozone for professional, industrial, or home use. The firm has a patented nanobubble technology using aqueous ozone that is effective in cleaning, sanitizing, and deodorizing surfaces and high-touch areas. The company offers products and solutions that are marketed for janitorial and sanitation, ice machine cleaning, laundry, and industrial industries. Its products are used in many types of environments including retail establishments, distribution centers, factories, warehouses, restaurants, schools and universities, airports, healthcare, food service, and commercial buildings such as offices, malls, and stores.

CleanCore Solutions (CleanCore Solutions) Headlines