Diamond S Shipping Group (Diamond S Shipping Group) Total Inventories : $6.47 Mil (As of Mar. 2013)

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What is Diamond S Shipping Group Total Inventories?

Diamond S Shipping Group's total inventories for the quarter that ended in Mar. 2013 was $6.47 Mil. Diamond S Shipping Group's average total inventories from the quarter that ended in Mar. 2012 to the quarter that ended in Mar. 2013 was $4.83 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Diamond S Shipping Group's Net-Net Working Capital per share for the quarter that ended in Mar. 2013 was $N/A.

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 six months 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 Total Inventories Historical Data

The historical data trend for Diamond S Shipping Group's Total Inventories 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.

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Diamond S Shipping Group Total Inventories Chart

Diamond S Shipping Group Annual Data

Trend

Mar12

Mar13

Total Inventories

3.20

6.47

Diamond S Shipping Group Semi-Annual Data
	Mar12	Mar13
Total Inventories	3.20	6.47

Diamond S Shipping Group Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

Diamond S Shipping Group (NYSE:DSG) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Diamond S Shipping Group's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2013 is

	Net-Net Working Capital Per Share (Q: Mar. 2013 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(38.772	+	0.75 * 5.285	+	0.5 * 6.466	-	675.548
-	0	-	0)	/	0
=	N/A

2. 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 six months ended in Mar. 2013 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2013 )	/	Cost of Goods Sold (Q: Mar. 2013 )	*	Days in Period
	=	4.833	/	74.525	*	365 / 2
	=	11.84

3. 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 (Q: Mar. 2013 )	/	Average Total Inventories (Q: Mar. 2013 )
	=	74.525	/	4.833
	=	15.42

4. 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 (Q: Mar. 2013 )	/	Revenue (Q: Mar. 2013 )
	=	4.833	/	175.874
	=	0.03

Be Aware

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.

Diamond S Shipping Group Total Inventories Related Terms

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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 » Total Inventories

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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.