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Clemondo Group AB (OSTO:CLEM) Days Inventory : 92.44 (As of Mar. 2024)


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What is Clemondo Group AB Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Clemondo Group AB's Average Total Inventories for the three months ended in Mar. 2024 was kr44.3 Mil. Clemondo Group AB's Cost of Goods Sold for the three months ended in Mar. 2024 was kr43.7 Mil. Hence, Clemondo Group AB's Days Inventory for the three months ended in Mar. 2024 was 92.44.

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

OSTO:CLEM' s Days Inventory Range Over the Past 10 Years
Min: 58.65   Med: 84.45   Max: 104.76
Current: 98.89

During the past 13 years, Clemondo Group AB's highest Days Inventory was 104.76. The lowest was 58.65. And the median was 84.45.

OSTO:CLEM's Days Inventory is ranked worse than
58.97% of 1784 companies
in the Consumer Packaged Goods industry
Industry Median: 83.835 vs OSTO:CLEM: 98.89

Clemondo Group AB's Days Inventory increased from Mar. 2023 (87.76) to Mar. 2024 (92.44). It might indicate that Clemondo Group AB's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Clemondo Group AB's Inventory Turnover for the three months ended in Mar. 2024 was 0.99.

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. Clemondo Group AB's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.66.


Clemondo Group AB Days Inventory Historical Data

The historical data trend for Clemondo Group 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.

Clemondo Group AB Days Inventory Chart

Clemondo Group AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 83.56 58.65 75.33 80.16 96.71

Clemondo Group AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 87.76 91.20 118.84 95.27 92.44

Competitive Comparison of Clemondo Group AB's Days Inventory

For the Household & Personal Products subindustry, Clemondo Group 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.


Clemondo Group AB's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Clemondo Group AB's Days Inventory distribution charts can be found below:

* The bar in red indicates where Clemondo Group AB's Days Inventory falls into.



Clemondo Group AB Days Inventory Calculation

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

Clemondo Group AB'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
=( (49.427 + 45.043) / 2 ) / 178.276*365
=47.235 / 178.276*365
=96.71

Clemondo Group AB'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
=( (45.043 + 43.57) / 2 ) / 43.737*365 / 4
=44.3065 / 43.737*365 / 4
=92.44

* 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.


Clemondo Group AB  (OSTO:CLEM) 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.

Clemondo Group AB's Inventory Turnover for the three months ended in Mar. 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.

Clemondo Group AB's Inventory to Revenue for the three months ended in Mar. 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.


Clemondo Group AB Days Inventory Related Terms

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


Clemondo Group AB (OSTO:CLEM) Business Description

Traded in Other Exchanges
N/A
Address
Makadamgatan 16, Box 13073, Helsingborg, SWE, 25013
Clemondo Group AB is a Sweden based company involved in developing, producing and marketing cleaning and maintenance products for professionals under its own brands and under customers' private label. Its offerings include Machine wash, Pressure Washer, Internal cleaning and engine wash among others.

Clemondo Group AB (OSTO:CLEM) Headlines

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