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. Diana Shipping's Average Total Inventories for the quarter that ended in Dec. 2023 was $5.1 Mil. Diana Shipping's Revenue for the
three
months ended in Dec. 2023 was $60.0 Mil.
Diana Shipping's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.08.
Diana Shipping's Inventory-to-Revenue for the quarter that ended in Dec. 2023
increased
from Sep. 2023 (0.08) to Sep. 2023 (0.08)
An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:
1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Diana Shipping's Days Inventory for the
three
months ended in Dec. 2023 was 12.69.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Diana Shipping's Inventory Turnover for the quarter that ended in Dec. 2023 was 7.19.
Diana Shipping Inventory-to-Revenue Historical Data
The historical data trend for Diana Shipping's Inventory-to-Revenue 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.
Competitive Comparison of Diana Shipping's Inventory-to-Revenue
For the Marine Shipping subindustry, Diana Shipping's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue 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.
Diana Shipping's Inventory-to-Revenue Distribution in the Transportation Industry
For the Transportation industry and Industrials sector, Diana Shipping's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Diana Shipping's Inventory-to-Revenue falls into.
Diana Shipping Inventory-to-Revenue Calculation
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.
Diana Shipping's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 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.
An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:
1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.
Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:
1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.
More Related Terms:
1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Diana Shipping's Days Inventory for the
three
months ended in Dec. 2023 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.
Diana Shipping Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Diana Shipping's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Diana Shipping (Diana Shipping) Business Description
Diana Shipping Inc provides shipping transportation services. The company, through its subsidiaries, operates a fleet of vessels consisting of dry bulk carriers such as Panamax, Kamsarmax, Post-Panamax, Capesize and Newcastlemax vessels. Using this fleet, the firm provides transportation services for various goods including coal, iron ore, and grains. It also transports minor bulks, including steel products, cement, and fertilizers through its dry bulk carrier vessels. The operation of the vessels is the main source of revenue generation, the services provided by the vessels are similar and all operate under the same economic environment.
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