GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Scorpio Tankers Inc (NYSE:STNG) » Definitions » Days Inventory

STNG (Scorpio Tankers) Days Inventory : 5.51 (As of Sep. 2024)


View and export this data going back to 2010. Start your Free Trial

What is Scorpio Tankers Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Scorpio Tankers's Average Total Inventories for the three months ended in Sep. 2024 was $8 Mil. Scorpio Tankers's Cost of Goods Sold for the three months ended in Sep. 2024 was $136 Mil. Hence, Scorpio Tankers's Days Inventory for the three months ended in Sep. 2024 was 5.51.

The historical rank and industry rank for Scorpio Tankers's Days Inventory or its related term are showing as below:

STNG' s Days Inventory Range Over the Past 10 Years
Min: 5.56   Med: 6.06   Max: 8.05
Current: 5.6

During the past 13 years, Scorpio Tankers's highest Days Inventory was 8.05. The lowest was 5.56. And the median was 6.06.

STNG's Days Inventory is ranked better than
86.3% of 708 companies
in the Oil & Gas industry
Industry Median: 32.235 vs STNG: 5.60

Scorpio Tankers's Days Inventory declined from Sep. 2023 (5.86) to Sep. 2024 (5.51).

Inventory Turnover measures how fast the company turns over its inventory within a year. Scorpio Tankers's Inventory Turnover for the three months ended in Sep. 2024 was 16.56.

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. Scorpio Tankers's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.03.


Scorpio Tankers Days Inventory Historical Data

The historical data trend for Scorpio Tankers'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.

Scorpio Tankers Days Inventory Chart

Scorpio Tankers 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 6.04 5.56 5.69 7.15 8.05

Scorpio Tankers Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 5.86 5.43 5.72 5.50 5.51

Competitive Comparison of Scorpio Tankers's Days Inventory

For the Oil & Gas Midstream subindustry, Scorpio Tankers'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.


Scorpio Tankers's Days Inventory Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Scorpio Tankers's Days Inventory distribution charts can be found below:

* The bar in red indicates where Scorpio Tankers's Days Inventory falls into.



Scorpio Tankers Days Inventory Calculation

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

Scorpio Tankers'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
=( (15.62 + 7.816) / 2 ) / 531.328*365
=11.718 / 531.328*365
=8.05

Scorpio Tankers's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

Days Inventory (Q: Sep. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (7.872 + 8.578) / 2 ) / 136.24*365 / 4
=8.225 / 136.24*365 / 4
=5.51

* 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.


Scorpio Tankers  (NYSE:STNG) 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.

Scorpio Tankers's Inventory Turnover for the three months ended in Sep. 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.

Scorpio Tankers's Inventory to Revenue for the three months ended in Sep. 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.


Scorpio Tankers Days Inventory Related Terms

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


Scorpio Tankers Business Description

Traded in Other Exchanges
Address
99 Boulevard du Jardin Exotique, Monaco, MCO, 98000
Scorpio Tankers Inc is a provider of marine transportation of petroleum products. It owns, lease finances or bareboat charters in hundred ten product tankers namely thirty nine LR2 tankers, fifty seven MR tankers and forteeen Handymax tankers. The company's fleet of tankers is the largest, most eco-friendly and newest fleet on the water hauling clean petroleum products. They provide seaborne transportation of crude oil and refined petroleum products worldwide. The company generates majority of its revenue from MR vessel.