Pyxis Tankers (Pyxis Tankers) Change In Inventory : $0.95 Mil (TTM As of Dec. 2023)

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What is Pyxis Tankers Change In Inventory?

Pyxis Tankers's change in inventory for the quarter that ended in Dec. 2023 was $0.83 Mil. It means Pyxis Tankers's inventory declined by $0.83 Mil from Sep. 2023 to Dec. 2023 .

Pyxis Tankers's change in inventory for the fiscal year that ended in Dec. 2023 was $0.95 Mil. It means Pyxis Tankers's inventory declined by $0.95 Mil from Dec. 2022 to Dec. 2023 .

Pyxis Tankers's Total Inventories for the quarter that ended in Dec. 2023 was $0.96 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Pyxis Tankers's Days Inventory for the quarter that ended in Dec. 2023 was 20.91.

Inventory Turnover measures how fast the company turns over its inventory within a year. Pyxis Tankers's Inventory Turnover for the quarter that ended in Dec. 2023 was 4.36.

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. Pyxis Tankers's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.10.

Pyxis Tankers Change In Inventory Historical Data

The historical data trend for Pyxis Tankers'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.

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Pyxis Tankers Change In Inventory Chart

Pyxis Tankers Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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0.31

-0.18

-0.89

-0.34

0.95

Pyxis Tankers 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															0.91	1.02	0.04	-0.92	0.83

Pyxis Tankers 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 $0.95 Mil.

Pyxis Tankers (NAS:PXS) Change In Inventory Explanation

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

Pyxis Tankers's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	1.3695	/	5.977	*	365 / 4
	=	20.91

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

Pyxis Tankers's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	5.977	/	1.3695
	=	4.36

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.

Pyxis Tankers's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1.3695	/	13.249
	=	0.10

Pyxis Tankers Change In Inventory Related Terms

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Pyxis Tankers (Pyxis Tankers) Business Description

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PXSAP.PFD:USA

Address

59 K. Karamanli Street, Maroussi, GRC, 15125

Website

http://www.pyxistankers.com

Pyxis Tankers Inc is an international maritime transportation company that focuses on the product tanker sector. It owns a fleet that comprises double-hull product tankers employed under a mix of short- and medium-term time charters and spot charters. The fleet owned by the company includes Pyxis Epsilon, Pyxis Theta, Pyxis Malou, Northsea Alpha, and Northsea Beta. Each of the vessels in the fleet is capable of transporting refined petroleum products, such as naphtha, gasoline, jet fuel, kerosene, diesel, fuel oil, and other liquid bulk items, such as vegetable oils and organic chemicals.