Safe Bulkers (Safe Bulkers) Inventory-to-Revenue : 0.20 (As of Dec. 2023)

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What is Safe Bulkers Inventory-to-Revenue?

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. Safe Bulkers's Average Total Inventories for the quarter that ended in Dec. 2023 was $16.7 Mil. Safe Bulkers's Revenue for the three months ended in Dec. 2023 was $82.3 Mil. Safe Bulkers's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.20.

Safe Bulkers's Inventory-to-Revenue for the quarter that ended in Dec. 2023 increased from Sep. 2023 (0.00) to Sep. 2023 (0.20)

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. Safe Bulkers's Days Inventory for the three months ended in Dec. 2023 was 38.57.

Inventory Turnover measures how fast the company turns over its inventory within a year. Safe Bulkers's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.37.

Safe Bulkers Inventory-to-Revenue Historical Data

The historical data trend for Safe Bulkers'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.

* Premium members only.

Safe Bulkers Inventory-to-Revenue Chart

Safe Bulkers Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory-to-Revenue

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0.03

0.05

0.03

0.04

0.06

Safe Bulkers Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory-to-Revenue	Get a 7-Day Free Trial															0.20	0.26	-	-	0.20

Competitive Comparison of Safe Bulkers's Inventory-to-Revenue

For the Marine Shipping subindustry, Safe Bulkers'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.

Safe Bulkers's Inventory-to-Revenue Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Safe Bulkers's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Safe Bulkers's Inventory-to-Revenue falls into.

Safe Bulkers Inventory-to-Revenue Calculation

Safe Bulkers's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory-to-Revenue (A: Dec. 2023 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )
=	( (17.323	+	16.652)	/	2 )	/	284.401
=	16.9875					/	284.401
=	0.06

Safe Bulkers's Inventory-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

	Inventory-to-Revenue (Q: Dec. 2023 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Revenue (Q: Dec. 2023 )
=	( (0	+	16.652)	/	1 )	/	82.289
=	16.652					/	82.289
=	0.20

Safe Bulkers (NYSE:SB) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

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.

Safe Bulkers's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	16.652	/	39.395	*	365 / 4
	=	38.57

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

Safe Bulkers's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Dec. 2023 )	/	Average Total Inventories (Q: Dec. 2023 )
	=	39.395	/	16.652
	=	2.37

Safe Bulkers Inventory-to-Revenue Related Terms

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Safe Bulkers (Safe Bulkers) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Safe Bulkers Inc (NYSE:SB) » Definitions » Inventory-to-Revenue

Comparable Companies

Traded in Other Exchanges

SBpD.PFD:USA SBpC.PFD:USA SBL:Germany

Address

6, Avenue des Citronniers, Apt. D11, Les Acanthes, Monaco City, MCO, MC98000

Website

https://www.safebulkers.com

Safe Bulkers Inc is an international provider of marine drybulk transportation services, transporting bulk cargoes, particularly coal, grain and iron ore, along international shipping routes for consumers of marine drybulk transportation services. The company employs its vessels on both period time charters and spot time charters, according to the assessment of market conditions, with consumers of marine drybulk transportation services.