Proximar Seafood AS (OSL:PROXI) Days Inventory : 0.00 (As of Mar. 2024)

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What is Proximar Seafood AS Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Proximar Seafood AS's Average Total Inventories for the three months ended in Mar. 2024 was kr26.34 Mil. Proximar Seafood AS's Cost of Goods Sold for the three months ended in Mar. 2024 was kr-7.39 Mil.

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

During the past 6 years, Proximar Seafood AS's highest Days Inventory was 490.18. The lowest was 490.18. And the median was 490.18.

OSL:PROXI's Days Inventory is not ranked ^*
in the Consumer Packaged Goods industry.
Industry Median: 83.86
* Ranked among companies with meaningful Days Inventory only.

Proximar Seafood AS's Days Inventory stayed the same from Mar. 2023 (0.00) to Mar. 2024 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year. Proximar Seafood AS's Inventory Turnover for the three months ended in Mar. 2024 was -0.28.

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.

Proximar Seafood AS Days Inventory Historical Data

The historical data trend for Proximar Seafood AS'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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Proximar Seafood AS Days Inventory Chart

Proximar Seafood AS Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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490.18

Proximar Seafood AS Quarterly Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial										-	-	-	-	-

Competitive Comparison of Proximar Seafood AS's Days Inventory

For the Farm Products subindustry, Proximar Seafood AS'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.

Proximar Seafood AS's Days Inventory Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Proximar Seafood AS's Days Inventory falls into.

Proximar Seafood AS Days Inventory Calculation

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

Proximar Seafood AS's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

	Days Inventory (A: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (2.882	+	20.773)	/	2 )	/	-23.702	*	365
=	11.8275					/	-23.702	*	365
=	N/A

Proximar Seafood AS's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

	Days Inventory (Q: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (20.773	+	31.906)	/	2 )	/	-7.387	*	365 / 4
=	26.3395					/	-7.387	*	365 / 4
=	N/A

Proximar Seafood AS (OSL:PROXI) 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.

Proximar Seafood AS's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	-7.387	/	26.3395
	=	-0.28

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.

Proximar Seafood AS's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	26.3395	/	0
	=

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.

Proximar Seafood AS Days Inventory Related Terms

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

Proximar Seafood AS (OSL:PROXI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Proximar Seafood AS (OSL:PROXI) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

84Q:Germany

Address

Edvard Griegs vei 3C, Bergen, NOR, 5059

Website

https://www.proximarseafood.com

Proximar Seafood AS is a land-based salmon farming company in the process of constructing a fish farm for Atlantic salmon in Japan. It produces Atlantic salmon which involves free of medication and without impact from traditional challenges such as lice and microplastics and the fish is isolated from the marine surrounding environment.

Proximar Seafood AS (OSL:PROXI) Headlines

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