Credit Clear (ASX:CCR) Days Inventory : 0.00 (As of Dec. 2024)

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What is Credit Clear Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Credit Clear's Average Total Inventories for the six months ended in Dec. 2024 was A$0.00 Mil. Credit Clear's Cost of Goods Sold for the six months ended in Dec. 2024 was A$0.00 Mil.

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

ASX:CCR's Days Inventory is not ranked ^*
in the Software industry.
Industry Median: 20.06
* Ranked among companies with meaningful Days Inventory only.

Credit Clear's Days Inventory stayed the same from Dec. 2023 (0.00) to Dec. 2024 (0.00).

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

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. Credit Clear's Inventory-to-Revenue for the six months ended in Dec. 2024 was 0.00.

Credit Clear Days Inventory Historical Data

The historical data trend for Credit Clear'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.

Credit Clear Days Inventory Chart

Credit Clear Annual Data

Trend

Jun21

Jun22

Jun23

Jun24

Days Inventory

Credit Clear Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Days Inventory	Get a 7-Day Free Trial				-	-	-	-	-

Competitive Comparison of Credit Clear's Days Inventory

For the Information Technology Services subindustry, Credit Clear'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.

Credit Clear's Days Inventory Distribution in the Software Industry

For the Software industry and Technology sector, Credit Clear's Days Inventory distribution charts can be found below:

* The bar in red indicates where Credit Clear's Days Inventory falls into.

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Credit Clear Days Inventory Calculation

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

Credit Clear's Days Inventory for the fiscal year that ended in Jun. 2024 is calculated as

	Days Inventory (A: Jun. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Jun. 2023 )	+	Total Inventories (A: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2024 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0	*	365
=	0					/	0	*	365
=	N/A

Credit Clear's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

	Days Inventory (Q: Dec. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0	*	365 / 2
=	0					/	0	*	365 / 2
=	N/A

Credit Clear (ASX:CCR) 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.

Credit Clear's Inventory Turnover for the six months ended in Dec. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0	/	0
	=

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.

Credit Clear's Inventory to Revenue for the six months ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	23.249
	=	0.00

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.

Credit Clear Days Inventory Related Terms

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Credit Clear Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Credit Clear Ltd (ASX:CCR) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Building 11, 41-43 Bourke Road, Alexandria, NSW, AUS, 2015

Website

https://www.creditclear.com.au

Credit Clear Ltd is engaged in the business of providing financial services. Its provision of debt resolution services and the ongoing technology development and implementation of the Company's digital engagement platform. The Group also provides commercial legal expertise as part of its full end-to-end collections management service. Its segments include Collections and Legal Services. The company generates maximum revenue from the Collections segment. Geographically, it derives a majority of its revenue from Australia.