Days Inventory is also known as Days Sales of Inventory (DSI). Star Bulk Carriers's Average Total Inventories for the
three
months ended in Dec. 2023 was $68.7 Mil. Star Bulk Carriers's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $178.7 Mil.
Hence, Star Bulk Carriers's Days Inventory for the
three
months ended in Dec. 2023 was 35.09.
The historical rank and industry rank for Star Bulk Carriers's Days Inventory or its related term are showing as below:
SBLK'
s Days Inventory Range Over the Past 10 Years
Min: 17.87 Med: 22.27 Max: 35.21
Current: 35.21
During the past 13 years, Star Bulk Carriers's highest Days Inventory was 35.21. The lowest was 17.87. And the median was 22.27.
SBLK's Days Inventory is ranked worse than 80.97% of 783
companies
in the Transportation industry
Industry Median: 11.57
vs SBLK: 35.21
Star Bulk Carriers's Days Inventory
increased
from Dec. 2022 (31.34) to Dec. 2023 (35.09).
It might indicate that Star Bulk Carriers's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Star Bulk Carriers's Inventory Turnover for the
three
months ended in Dec. 2023 was 2.60.
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.
Star Bulk Carriers's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.26.
Star Bulk Carriers Days Inventory Historical Data
The historical data trend for Star Bulk Carriers'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.
Star Bulk Carriers Annual Data
Trend
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
Days Inventory
20.23
30.20
34.23
33.41
33.80
Star Bulk Carriers Quarterly Data
Dec18
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Dec21
Mar22
Jun22
Sep22
Dec22
Mar23
Jun23
Sep23
Dec23
Days Inventory
31.34
33.98
35.11
38.05
35.09
Competitive Comparison
For the Marine Shipping subindustry, Star Bulk Carriers'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.
Star Bulk Carriers Days Inventory Distribution
For the Transportation industry and Industrials sector, Star Bulk Carriers's Days Inventory distribution charts can be found below:
* The bar in red indicates where Star Bulk Carriers's Days Inventory falls into.
Star Bulk Carriers Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Star Bulk Carriers's Days Inventory 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.
Star Bulk Carriers (NAS:SBLK) 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.
Star Bulk Carriers's Inventory Turnover for the
three
months ended in Dec. 2023 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.
Star Bulk Carriers's Inventory to Revenue 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.
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.
Star Bulk Carriers Days Inventory Related Terms
Thank you for viewing the detailed overview of Star Bulk Carriers's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Star Bulk Carriers (Star Bulk Carriers) Business Description
Star Bulk Carriers Corp provides seaborne transportation solutions in the dry bulk sector. The company owns and operates dry bulk carrier vessels, which are used to transport bulk, such as iron ore, coal, grains, bauxite, fertilizers, and steel products. It owns a fleet of vessels that consists of Newcastlemax, Capesize, Post Panamax, Kamsarmax, Panamax, Panamax, and Supramax. It generates revenues through the voyages it carries out.
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