Westshore Terminals Investment (Westshore Terminals Investment) Days Inventory

: 28.09 (As of Dec. 2023)

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Days Inventory is also known as Days Sales of Inventory (DSI). Westshore Terminals Investment's Average Total Inventories for the three months ended in Dec. 2023 was $13.9 Mil. Westshore Terminals Investment's Cost of Goods Sold for the three months ended in Dec. 2023 was $45.0 Mil. Hence, Westshore Terminals Investment's Days Inventory for the three months ended in Dec. 2023 was 28.09.

The historical rank and industry rank for Westshore Terminals Investment's Days Inventory or its related term are showing as below:

WTSHF' s Days Inventory Range Over the Past 10 Years
Min: 30.46 Med: 32.34 Max: 39.09
Current: 33.56

During the past 13 years, Westshore Terminals Investment's highest Days Inventory was 39.09. The lowest was 30.46. And the median was 32.34.

WTSHF's Days Inventory is ranked worse than
80.08% of 783 companies
in the Transportation industry
Industry Median: 11.57 vs WTSHF: 33.56

Westshore Terminals Investment's Days Inventory declined from Dec. 2022 (30.89) to Dec. 2023 (28.09).

Inventory Turnover measures how fast the company turns over its inventory within a year. Westshore Terminals Investment's Inventory Turnover for the three months ended in Dec. 2023 was 3.25.

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. Westshore Terminals Investment's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.20.

Westshore Terminals Investment Days Inventory Historical Data

The historical data trend for Westshore Terminals Investment'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.

Westshore Terminals Investment Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

31.19

36.85

39.08

36.44

32.56

Westshore Terminals Investment Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory																30.89	35.58	35.52	37.27	28.09

Competitive Comparison

For the Marine Shipping subindustry, Westshore Terminals Investment'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.

Westshore Terminals Investment Days Inventory Distribution

For the Transportation industry and Industrials sector, Westshore Terminals Investment's Days Inventory distribution charts can be found below:

* The bar in red indicates where Westshore Terminals Investment's Days Inventory falls into.

Westshore Terminals Investment Days Inventory Calculation

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Westshore Terminals Investment's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

	Days Inventory (A: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (12.974	+	13.807)	/	2 )	/	150.096	*	365
=	13.3905					/	150.096	*	365
=	32.56

Westshore Terminals Investment's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (13.92	+	13.807)	/	2 )	/	45.033	*	365 / 4
=	13.8635					/	45.033	*	365 / 4
=	28.09

Westshore Terminals Investment (OTCPK:WTSHF) 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.

Westshore Terminals Investment's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	45.033	/	13.8635
	=	3.25

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.

Westshore Terminals Investment's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	13.8635	/	70.704
	=	0.20

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.

Westshore Terminals Investment Days Inventory Related Terms

Thank you for viewing the detailed overview of Westshore Terminals Investment's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Westshore Terminals Investment (Westshore Terminals Investment) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Westshore Terminals Investment Corp (OTCPK:WTSHF) » Definitions » Days Inventory

Traded in Other Exchanges

WTE:Canada

Address

1067 West Cordova Street, Suite 1800, Vancouver, BC, CAN, V6C 1C7

Website

https://www.westshore.com

Westshore Terminals Investment Corporation is a Canada-based company, which owns the Westshore Terminals Limited Partnership. The company operates a coal storage and loading terminal at Roberts Bank, British Columbia, and revenue is derived from rates charged for loading coal onto seagoing vessels. The company services coal from mines in British Columbia, Alberta, and the northwestern United States. The coal is delivered to the terminal in unit trains and then unloaded and transferred onto a ship. It is then shipped to multiple countries across the world, with the majority headed to Japan, Korea and China.

Westshore Terminals Investment (Westshore Terminals Investment) Headlines

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