Diamond S Shipping Group (Diamond S Shipping Group) Change In Inventory : $-3.27 Mil (TTM As of Mar. 2013)

View and export this data going back to . Start your Free Trial

What is Diamond S Shipping Group Change In Inventory?

Diamond S Shipping Group's change in inventory for the quarter that ended in Mar. 2013 was $-3.27 Mil. It means Diamond S Shipping Group's inventory increased by $3.27 Mil from Mar. 2012 to Mar. 2013 .

Diamond S Shipping Group's change in inventory for the fiscal year that ended in Mar. 2013 was $-3.27 Mil. It means Diamond S Shipping Group's inventory increased by $3.27 Mil from Mar. 2012 to Mar. 2013 .

Diamond S Shipping Group's Total Inventories for the quarter that ended in Mar. 2013 was $6.47 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Diamond S Shipping Group's Days Inventory for the quarter that ended in Mar. 2013 was 11.84.

Inventory Turnover measures how fast the company turns over its inventory within a year. Diamond S Shipping Group's Inventory Turnover for the quarter that ended in Mar. 2013 was 15.42.

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. Diamond S Shipping Group's Inventory-to-Revenue for the quarter that ended in Mar. 2013 was 0.03.

Diamond S Shipping Group Change In Inventory Historical Data

The historical data trend for Diamond S Shipping Group's Change In 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.

Diamond S Shipping Group Change In Inventory Chart

Diamond S Shipping Group Annual Data

Trend

Mar12

Mar13

Change In Inventory

-0.52

-3.27

Diamond S Shipping Group Semi-Annual Data
	Mar12	Mar13
Change In Inventory	-0.52	-3.27

Diamond S Shipping Group Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Change In Inventory for the trailing twelve months (TTM) ended in Mar. 2013 was $-3.27 Mil.

Diamond S Shipping Group (NYSE:DSG) Change In Inventory Explanation

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

Diamond S Shipping Group's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	4.833	/	74.525	*	365 / 2
	=	11.84

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Diamond S Shipping Group's Inventory Turnover for the quarter that ended in Mar. 2013 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	74.525	/	4.833
	=	15.42

3. 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.

Diamond S Shipping Group's Inventory to Revenue for the quarter that ended in Mar. 2013 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	4.833	/	175.874
	=	0.03

Diamond S Shipping Group Change In Inventory Related Terms

Thank you for viewing the detailed overview of Diamond S Shipping Group's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Diamond S Shipping Group (Diamond S Shipping Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Diamond S Shipping Group Inc (NYSE:DSG) » Definitions » Change In Inventory

Comparable Companies

PRGNF TEUFF BSTN TOPS RLOG DRYS ESEA GTMAY PXS GLBS SHIP GNKOQ GSL NAO PANL NAP GASS NM DAC OSG

Traded in Other Exchanges

N/A

Address

Website

http://www.diamondsshipping.com

Diamond S Shipping Group Inc, is incorporated in Marshall Islands on July 31, 2013. The Company provides seaborne transportation of refined petroleum and other products in the international shipping markets. The Company is the owners and operators of medium range, or MR, product tankers. The Company's fleet currently consists of 33 MR product tankers built at Korean and Japanese shipyards. The Company competes on basis of price, vessel location, size, age and condition of the vessel. The Company is subject to various international conventions, national, state and local laws and regulations in the countries in which its vessels may operate or are registered.