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Global Ship Lease (Global Ship Lease) Total Inventories : $15.8 Mil (As of Dec. 2023)


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What is Global Ship Lease Total Inventories?

Global Ship Lease's total inventories for the quarter that ended in Dec. 2023 was $15.8 Mil. Global Ship Lease's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $14.9 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Global Ship Lease's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-23.40.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Global Ship Lease's Days Inventory for the three months ended in Dec. 2023 was 17.76.

Inventory Turnover measures how fast the company turns over its inventory within a year. Global Ship Lease's Inventory Turnover for the quarter that ended in Dec. 2023 was 5.14.

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. Global Ship Lease's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.08.


Global Ship Lease Total Inventories Historical Data

The historical data trend for Global Ship Lease's Total Inventories 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.

Global Ship Lease Total Inventories Chart

Global Ship Lease Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.60 6.32 11.41 12.24 15.76

Global Ship Lease Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Total Inventories Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.24 11.54 13.40 14.11 15.76

Global Ship Lease Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.


Global Ship Lease  (NYSE:GSL) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Global Ship Lease's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

Net-Net Working Capital Per Share (Q: Dec. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(152.64+0.75 * 4.741+0.5 * 15.764-987.392
-0-0)/35.1883
=-23.40

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

Global Ship Lease'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
=14.939/76.741*365 / 4
=17.76

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

Global Ship Lease'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 )
=76.741 / 14.939
=5.14

4. 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.

Global Ship Lease's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=14.939 / 177.377
=0.08

* 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

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


Global Ship Lease Total Inventories Related Terms

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Global Ship Lease (Global Ship Lease) Business Description

Traded in Other Exchanges
Address
25 Wilton Road, London, GBR, SW1V 1LW
Global Ship Lease Inc operates in the container shipping industry. The company owns and charters out containerships under long-term, fixed-rate charters to container liner companies. The majority of the company's revenues are derived from charters to MAERSK. Its fleet consisted of more than 60 containerships.
Executives
Integrated Core Strategies (us) Llc 10 percent owner C/O MILLENNIUM MANAGEMENT LLC, 399 PARK AVENUE, NEW YORK NY 10022
Nisswa Acquisition Master Fund Ltd. 10 percent owner C/O MAPLES CORPORATE SVCS LIMITED, PO BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104
Israel A Englander other: May be deemed a group member. C/O MILLENNIUM MANAGEMENT LLC, 399 PARK AVENUE, NEW YORK NY 10022
Millenco, L.l.c. 10 percent owner C/O MILLENNIUM MANAGEMENT LLC, 666 FIFTH AVENUE, 8TH FLOOR, NEW YORK NY 10103
Millennium Management Llc other: May be deemed a group member. 399 PARK AVENUE, NEW YORK NY 10022
Integrated Holding Group, L.p. other: May be deemed a group member. C/O MILLENNIUM MANAGEMENT LLC, 666 FIFTH AVENUE, 8TH FLOOR, NEW YORK NY 10103-0899
Millennium International Management Lp other: May be deemed a group member. 399 PARK AVENUE, NEW YORK NY 10022
Cognizant Holdings, Ltd. other: May be deemed a group member. C/O MILLENNIUM INTERNATIONAL MGMT. LP, 666 FIFTH AVENUE, 8TH FLOOR, NEW YORK NY 10103
Millennium Group Management Llc other: May be deemed a group member. C/O MILLENNIUM MANAGEMENT LLC, 399 PARK AVENUE, NEW YORK NY 10022