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CMMCF (OXE Marine AB) Days Inventory : 304.76 (As of Dec. 2024)


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What is OXE Marine AB Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). OXE Marine AB's Average Total Inventories for the three months ended in Dec. 2024 was $9.74 Mil. OXE Marine AB's Cost of Goods Sold for the three months ended in Dec. 2024 was $2.92 Mil. Hence, OXE Marine AB's Days Inventory for the three months ended in Dec. 2024 was 304.76.

The historical rank and industry rank for OXE Marine AB's Days Inventory or its related term are showing as below:

CMMCF' s Days Inventory Range Over the Past 10 Years
Min: 288.99   Med: 396.53   Max: 836.56
Current: 325.78

During the past 10 years, OXE Marine AB's highest Days Inventory was 836.56. The lowest was 288.99. And the median was 396.53.

CMMCF's Days Inventory is ranked worse than
86.25% of 291 companies
in the Aerospace & Defense industry
Industry Median: 142.58 vs CMMCF: 325.78

OXE Marine AB's Days Inventory increased from Dec. 2023 (209.27) to Dec. 2024 (304.76). It might indicate that OXE Marine AB's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. OXE Marine AB's Inventory Turnover for the three months ended in Dec. 2024 was 0.30.

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. OXE Marine AB's Inventory-to-Revenue for the three months ended in Dec. 2024 was 2.45.


OXE Marine AB Days Inventory Historical Data

The historical data trend for OXE Marine AB'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.

OXE Marine AB Days Inventory Chart

OXE Marine AB Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 802.35 546.92 421.80 303.13 352.01

OXE Marine AB Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 209.27 359.40 311.21 328.98 304.76

Competitive Comparison of OXE Marine AB's Days Inventory

For the Aerospace & Defense subindustry, OXE Marine AB'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.


OXE Marine AB's Days Inventory Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, OXE Marine AB's Days Inventory distribution charts can be found below:

* The bar in red indicates where OXE Marine AB's Days Inventory falls into.


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OXE Marine AB Days Inventory Calculation

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

OXE Marine AB's Days Inventory for the fiscal year that ended in Dec. 2024 is calculated as

Days Inventory (A: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2023 ) + Total Inventories (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (11.125 + 9.764) / 2 ) / 10.83*365
=10.4445 / 10.83*365
=352.01

OXE Marine AB'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: Sep. 2024 ) + Total Inventories (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (9.707 + 9.764) / 2 ) / 2.915*365 / 4
=9.7355 / 2.915*365 / 4
=304.76

* 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.


OXE Marine AB  (OTCPK:CMMCF) 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.

OXE Marine AB's Inventory Turnover for the three months ended in Dec. 2024 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.

OXE Marine AB's Inventory to Revenue for the three months ended in Dec. 2024 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.


OXE Marine AB Days Inventory Related Terms

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


OXE Marine AB Business Description

Traded in Other Exchanges
Address
Metallgatan 6, Angelholm, Helsingborg, SWE, SE-262 72
OXE Marine AB designs and builds commercial diesel outboards named OXE Diesel. The company's product range includes OXE 150, OXE 175, OXE 200, OXE 300, OXE KRETA, and its accessories. The OXE Diesel offers solutions for governmental, oil and gas, search and rescue, and large commercial applications, also for small craft fishermen and fish farmers, survey, tourism, yacht tender, taxi and pilot operations - all applications where range, load-carrying performance, and running costs are some factors.