ASC (Ardmore Shipping) Change In Inventory: $-4.0 Mil (TTM As of Jun. 2026)

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ASC Ardmore Shipping Corp ASC
75 GF Score
Price $18.25
GF Value $13.00
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Ardmore Shipping Change In Inventory?

Ardmore Shipping ASC -0.82% 75 Change In Inventory is $-4.0 Mil as of Jun. 2026. GuruFocus rates ASC with a GF Score™ of 75/100 and a GF Value™ of $13.00 (Significantly Overvalued). The stock has 3 warning signs investors should review.

Ardmore Shipping's change in inventory for the quarter that ended in Jun. 2026 was $-0.9 Mil. It means Ardmore Shipping's inventory increased by $0.9 Mil from Mar. 2026 to Jun. 2026 .

Ardmore Shipping's change in inventory for the fiscal year that ended in Dec. 2025 was $2.4 Mil. It means Ardmore Shipping's inventory declined by $2.4 Mil from Dec. 2024 to Dec. 2025 .

Ardmore Shipping's Total Inventories for the quarter that ended in Jun. 2026 was $14.0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ardmore Shipping's Days Inventory for the quarter that ended in Jun. 2026 was 21.10.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ardmore Shipping's Inventory Turnover for the quarter that ended in Jun. 2026 was 4.33.

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. Ardmore Shipping's Inventory-to-Revenue for the quarter that ended in Jun. 2026 was 0.12.

Ardmore Shipping  (NYSE:ASC) Change In Inventory Explanation

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

Ardmore Shipping's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=13.5025/58.407*365 / 4
=21.10

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

Ardmore Shipping's Inventory Turnover for the quarter that ended in Jun. 2026 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=58.407 / 13.5025
=4.33

3. 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.

Ardmore Shipping's Inventory to Revenue for the quarter that ended in Jun. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=13.5025 / 116.214
=0.12

* 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.

Ardmore Shipping Change In Inventory Related Terms

Ardmore Shipping Change In Inventory Historical Data

* Premium members only.

The historical data trend for Ardmore Shipping's Change In 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.

Ardmore Shipping Change In Inventory Chart

Ardmore Shipping Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.82 -4.62 3.16 1.25 2.40

Ardmore Shipping Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Change In Inventory 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 1.19 -0.01 1.09 -4.13 -0.93
ASC
75GF Score
Ardmore Shipping Corp ASC
Change In Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Ardmore Shipping Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-4.0 Mil.

* 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.

Frequently Asked Questions Learn more about Change In Inventory →
What does a Change In Inventory of $-4.0 Mil mean?
Ardmore Shipping (ASC) has a Change In Inventory of $-4.0 Mil as of Jun. 2026. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Ardmore Shipping and its competitors.
Is Ardmore Shipping's Change In Inventory too high?
Ardmore Shipping's current Change In Inventory is $-4.0 Mil. Overall, Ardmore Shipping has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ardmore Shipping's Change In Inventory compare to SB and ESEA?
Ardmore Shipping's Change In Inventory of $-4.0 Mil can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Inventory for a Transportation company?
A good Change In Inventory depends on the Transportation industry context. However, Change In Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Inventory mean?
A high Change In Inventory can signal that a stock is expensive relative to its fundamentals. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Ardmore Shipping and its competitors. Ardmore Shipping's current Change In Inventory is $-4.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ardmore Shipping stock overvalued right now?
Based on GuruFocus' analysis, Ardmore Shipping (ASC) is currently considered Significantly Overvalued. The stock's GF Value™ is $13.00, compared to a current price of $18.25 — trading 40.4% above its estimated fair value. The current Change In Inventory is $-4.0 Mil. Ardmore Shipping's overall GF Score™ is 75/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Inventory calculated?
Change In Inventory is calculated from a company's financial statements. For Ardmore Shipping (ASC), the current Change In Inventory is $-4.0 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Ardmore Shipping (ASC) Overvalued in 2026?

Based on GuruFocus' analysis, Ardmore Shipping stock appears to be overvalued. The current stock price of $18.25 is trading 40.4% above its estimated GF Value™ of $13.00. GuruFocus considers Ardmore Shipping to be Significantly Overvalued.

Key valuation signals for ASC:

  • Change In Inventory: $-4.0 Mil
  • GF Value™: $13.00 vs. price of $18.25 (40.4% above fair value)
  • GF Score™: 75/100 with 3 warning signs

No single metric tells the full story. See the ASC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Ardmore Shipping Business Description

Other Exchanges A61:Germany
Address 7 Church Street, Dorchester House, Hamilton, BMU, HM11
Ardmore Shipping Corp provides seaborne transportation of petroleum products and chemicals world-wide to oil majors, national oil companies, oil and chemical traders, and chemical companies, with its modern, fuel-efficient fleet of mid-size product and chemical tankers. The company markets its services directly to its customers and commercial pool operators and charters its vessels to them through a combination of spot, commercial pooling, and time-charter arrangements. The majority of its revenue is generated from spot voyages, which typically last less than three months.
75GF Score

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Change In Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$18.25
Price
$13.00
GF Value