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Clean Motion AB (OSTO:CLEMO) Days Inventory : 834.91 (As of Mar. 2024)


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What is Clean Motion AB Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Clean Motion AB's Average Total Inventories for the three months ended in Mar. 2024 was kr5.75 Mil. Clean Motion AB's Cost of Goods Sold for the three months ended in Mar. 2024 was kr0.63 Mil. Hence, Clean Motion AB's Days Inventory for the three months ended in Mar. 2024 was 834.91.

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

OSTO:CLEMO' s Days Inventory Range Over the Past 10 Years
Min: 131.69   Med: 279.34   Max: 679
Current: 438.5

During the past 10 years, Clean Motion AB's highest Days Inventory was 679.00. The lowest was 131.69. And the median was 279.34.

OSTO:CLEMO's Days Inventory is ranked worse than
97.54% of 1261 companies
in the Vehicles & Parts industry
Industry Median: 81.84 vs OSTO:CLEMO: 438.50

Clean Motion AB's Days Inventory declined from Mar. 2023 (2,315.90) to Mar. 2024 (834.91).

Inventory Turnover measures how fast the company turns over its inventory within a year. Clean Motion AB's Inventory Turnover for the three months ended in Mar. 2024 was 0.11.

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 Motion AB's Inventory-to-Revenue for the three months ended in Mar. 2024 was 151.21.


Clean Motion AB Days Inventory Historical Data

The historical data trend for Clean Motion 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.

Clean Motion AB Days Inventory Chart

Clean Motion 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 469.22 679.00 310.86 131.69 301.43

Clean Motion 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 2,315.90 625.25 1,731.96 181.47 834.91

Competitive Comparison of Clean Motion AB's Days Inventory

For the Auto Manufacturers subindustry, Clean Motion 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.


Clean Motion AB's Days Inventory Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Clean Motion AB's Days Inventory distribution charts can be found below:

* The bar in red indicates where Clean Motion AB's Days Inventory falls into.



Clean Motion AB Days Inventory Calculation

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

Clean Motion 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
=( (2.133 + 5.501) / 2 ) / 4.622*365
=3.817 / 4.622*365
=301.43

Clean Motion 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
=( (5.501 + 5.991) / 2 ) / 0.628*365 / 4
=5.746 / 0.628*365 / 4
=834.91

* 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.


Clean Motion AB  (OSTO:CLEMO) 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 Motion 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.

Clean Motion 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.


Clean Motion AB Days Inventory Related Terms

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


Clean Motion AB (OSTO:CLEMO) Business Description

Traded in Other Exchanges
Address
Strandvagen 12, Lerum, SWE, SE-443 32
Clean Motion AB is engaged in developing and manufacturing of electric vehicle for short distance transportation of up to three people and smaller goods. The company's product includes Zbee which is available in two versions, standard RS, and Cargo.

Clean Motion AB (OSTO:CLEMO) Headlines

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