Clean Seas Seafood (OSL:CSS) Days Inventory : 87.88 (As of Dec. 2024)

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What is Clean Seas Seafood Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Clean Seas Seafood's Average Total Inventories for the six months ended in Dec. 2024 was kr61.8 Mil. Clean Seas Seafood's Cost of Goods Sold for the six months ended in Dec. 2024 was kr128.2 Mil. Hence, Clean Seas Seafood's Days Inventory for the six months ended in Dec. 2024 was 87.88.

The historical rank and industry rank for Clean Seas Seafood's Days Inventory or its related term are showing as below:

OSL:CSS' s Days Inventory Range Over the Past 10 Years
Min: 42.21 Med: 99 Max: 942.86
Current: 82.37

During the past 13 years, Clean Seas Seafood's highest Days Inventory was 942.86. The lowest was 42.21. And the median was 99.00.

OSL:CSS's Days Inventory is ranked better than
50.52% of 1823 companies
in the Consumer Packaged Goods industry
Industry Median: 83 vs OSL:CSS: 82.37

Clean Seas Seafood's Days Inventory declined from Dec. 2023 (227.19) to Dec. 2024 (87.88).

Inventory Turnover measures how fast the company turns over its inventory within a year. Clean Seas Seafood's Inventory Turnover for the six months ended in Dec. 2024 was 2.08.

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. Clean Seas Seafood's Inventory-to-Revenue for the six months ended in Dec. 2024 was 0.28.

Clean Seas Seafood Days Inventory Historical Data

The historical data trend for Clean Seas Seafood'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.

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Clean Seas Seafood Days Inventory Chart

Clean Seas Seafood Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Days Inventory

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104.78

82.17

909.28

96.42

Clean Seas Seafood Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Days Inventory	Get a 7-Day Free Trial															392.35	-	227.19	78.71	87.88

Competitive Comparison of Clean Seas Seafood's Days Inventory

For the Farm Products subindustry, Clean Seas Seafood'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.

Clean Seas Seafood's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Clean Seas Seafood's Days Inventory distribution charts can be found below:

* The bar in red indicates where Clean Seas Seafood's Days Inventory falls into.

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Clean Seas Seafood Days Inventory Calculation

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

Clean Seas Seafood'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
=	( (81.089	+	78.262)	/	2 )	/	301.622	*	365
=	79.6755					/	301.622	*	365
=	96.42

Clean Seas Seafood'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
=	( (78.262	+	45.244)	/	2 )	/	128.243	*	365 / 2
=	61.753					/	128.243	*	365 / 2
=	87.88

Clean Seas Seafood (OSL:CSS) 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.

Clean Seas Seafood's Inventory Turnover for the six months ended in Dec. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	128.243	/	61.753
	=	2.08

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.

Clean Seas Seafood's Inventory to Revenue for the six months ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	61.753	/	216.805
	=	0.28

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.

Clean Seas Seafood Days Inventory Related Terms

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

Clean Seas Seafood Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Clean Seas Seafood Ltd (OSL:CSS) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

CTUNF:USA C7S:Germany CSS:Australia

Address

7 Frederick Road, Royal Park, Adelaide, SA, AUS, 5014

Website

https://www.cleanseas.com.au

Clean Seas Seafood Ltd is engaged in full-cycle breeding, production, and sale of Yellowtail Kingfish. The company's primary operations involve propagating Spencer Gulf Yellowtail Kingfish, producing and selling fingerlings, and cultivating these fish for harvest and sale. Geographically, it derives a majority of its revenue from Australia and also has a presence in Europe and Other countries.