Thanks. This is just a valuation of inventory.
In my cashflow analysis I use 83.6% as a clearance rate. See:
https://hotcopper.com.au/threads/in...3591747/page-19?post_id=26458656#.Wa3REEF_WaM
Inventory Valuation and per Carat Estimate for Auctions 1 and 2, page-4
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