Days Inventory is also known as Days Sales of Inventory (DSI). International Seaways's Average Total Inventories for the
three
months ended in Dec. 2023 was $1 Mil. International Seaways's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $116 Mil.
Hence, International Seaways's Days Inventory for the
three
months ended in Dec. 2023 was 0.97.
The historical rank and industry rank for International Seaways's Days Inventory or its related term are showing as below:
INSW'
s Days Inventory Range Over the Past 10 Years
Min: 0.71 Med: 3.75 Max: 6.28
Current: 0.71
During the past 11 years, International Seaways's highest Days Inventory was 6.28. The lowest was 0.71. And the median was 3.75.
INSW's Days Inventory is ranked better than 98.36% of 730
companies
in the Oil & Gas industry
Industry Median: 31.555
vs INSW: 0.71
International Seaways's Days Inventory
increased
from Dec. 2022 (0.63) to Dec. 2023 (0.97).
It might indicate that International Seaways's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
International Seaways's Inventory Turnover for the
three
months ended in Dec. 2023 was 94.12.
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.
International Seaways's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.00.
International Seaways Days Inventory Historical Data
The historical data trend for International Seaways'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.
Competitive Comparison of International Seaways's Days Inventory
For the Oil & Gas Midstream subindustry, International Seaways'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.
International Seaways's Days Inventory Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, International Seaways's Days Inventory distribution charts can be found below:
* The bar in red indicates where International Seaways's Days Inventory falls into.
International Seaways Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
International Seaways'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.
International Seaways (NYSE:INSW) 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.
International Seaways'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.
International Seaways'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.
International Seaways Days Inventory Related Terms
Thank you for viewing the detailed overview of International Seaways's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
International Seaways (International Seaways) Business Description
International Seaways Inc owns and operates a fleet of oceangoing vessels engaged primarily in the transportation of crude oil and petroleum products. The company's vessel operations are organized into two segments: Crude Tankers and Product Carriers. The fleet consists of ULCC, VLCC, Suezmax, Aframax, and Panamax crude tankers, as well as LR1, LR2, and MR product carriers.
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