Global Ship Lease (Global Ship Lease) Change In Inventory : $-3.5 Mil (TTM As of Dec. 2023)

View and export this data going back to 2008. Start your Free Trial

What is Global Ship Lease Change In Inventory?

Global Ship Lease's change in inventory for the quarter that ended in Dec. 2023 was $-1.7 Mil. It means Global Ship Lease's inventory increased by $1.7 Mil from Sep. 2023 to Dec. 2023 .

Global Ship Lease's change in inventory for the fiscal year that ended in Dec. 2023 was $-3.5 Mil. It means Global Ship Lease's inventory increased by $3.5 Mil from Dec. 2022 to Dec. 2023 .

Global Ship Lease's Total Inventories for the quarter that ended in Dec. 2023 was $15.8 Mil.

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 quarter that 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 Change In Inventory Historical Data

The historical data trend for Global Ship Lease'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.

* Premium members only.

Global Ship Lease Change In Inventory Chart

Global Ship Lease Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

Get a 7-Day Free Trial

0.17

-0.72

-5.09

-0.83

-3.53

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
Change In Inventory	Get a 7-Day Free Trial															-0.68	0.69	-1.86	-0.72	-1.65

Global Ship Lease 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-3.5 Mil.

Global Ship Lease (NYSE:GSL) Change In Inventory Explanation

1. 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 quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	14.939	/	76.741	*	365 / 4
	=	17.76

2. 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	/	Average Total Inventories
	=	76.741	/	14.939
	=	5.14

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	14.939	/	177.377
	=	0.08

Global Ship Lease Change In Inventory Related Terms

Thank you for viewing the detailed overview of Global Ship Lease's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Global Ship Lease (Global Ship Lease) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Global Ship Lease Inc (NYSE:GSL) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

GSLpB.PFD:USA 37H:Germany 37H:Germany

Address

25 Wilton Road, London, GBR, SW1V 1LW

Website

https://www.globalshiplease.com

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