SBLK (Star Bulk Carriers) Change In Inventory : $11 Mil (TTM As of Sep. 2024)

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What is Star Bulk Carriers Change In Inventory?

Star Bulk Carriers's change in inventory for the quarter that ended in Sep. 2024 was $-3 Mil. It means Star Bulk Carriers's inventory increased by $3 Mil from Jun. 2024 to Sep. 2024 .

Star Bulk Carriers's change in inventory for the fiscal year that ended in Dec. 2023 was $-6 Mil. It means Star Bulk Carriers's inventory increased by $6 Mil from Dec. 2022 to Dec. 2023 .

Star Bulk Carriers's Total Inventories for the quarter that ended in Sep. 2024 was $80 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Star Bulk Carriers's Days Inventory for the quarter that ended in Sep. 2024 was 32.02.

Inventory Turnover measures how fast the company turns over its inventory within a year. Star Bulk Carriers's Inventory Turnover for the quarter that ended in Sep. 2024 was 2.85.

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. Star Bulk Carriers's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.23.

Star Bulk Carriers Change In Inventory Historical Data

The historical data trend for Star Bulk Carriers'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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Star Bulk Carriers Change In Inventory Chart

Star Bulk Carriers Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-23.72

3.86

-27.78

-9.41

-5.85

Star Bulk Carriers Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Change In Inventory	Get a 7-Day Free Trial															-11.87	8.75	5.18	0.61	-3.38

Star Bulk Carriers 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $11 Mil.

Star Bulk Carriers (NAS:SBLK) Change In Inventory Explanation

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

Star Bulk Carriers's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	80.8485	/	230.433	*	365 / 4
	=	32.02

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

Star Bulk Carriers's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	230.433	/	80.8485
	=	2.85

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.

Star Bulk Carriers's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	80.8485	/	344.277
	=	0.23

Star Bulk Carriers Change In Inventory Related Terms

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Star Bulk Carriers Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Star Bulk Carriers Corp (NAS:SBLK) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

4FAP:Germany

Address

C/o Star Bulk Management Inc, 40 Agiou Konstantinou Street, Maroussi, Athens, GRC, 15124

Website

https://www.starbulk.com

Star Bulk Carriers Corp provides seaborne transportation solutions in the dry bulk sector. The company owns and operates dry bulk carrier vessels, which are used to transport bulk, such as iron ore, coal, grains, bauxite, fertilizers, and steel products. It owns a fleet of vessels that consists of Newcastlemax, Capesize, Post Panamax, Kamsarmax, Panamax, Ultramax, and Supramax. It generates revenues through the voyages it carries out.

Executives

Ramius Advisors Llc	10 percent owner	599 LEXINGTON AVENUE, 20TH FLOOR, NEW YORK NY 10022
Rcg Enterprise Ltd	10 percent owner	599 LEXINGTON AVENUE 20TH FLOOR, NEW YORK NY 10022
Rcg Carpathia Master Fund Ltd	10 percent owner	C/O RAMIUS LLC, 599 LEXINGTON AVENUE, NEW YORK NY 10022
Rcg Baldwin Lp	10 percent owner	C/O RAMIUS LLC, 599 LEXINGTON AVENUE 20TH FLOOR, NEW YORK NY 10022
Peter A Cohen	10 percent owner, other: See Explanation of Responses	40 WEST 57TH STREET, SUITE 2020, NEW YORK NY 10019
Thomas W Strauss	10 percent owner, other: See Explanation of Responses	599 LEXINGTON AVENUE, 20TH FLOOR, NEW YORK NY 10022
Ramius Capital Group Llc	10 percent owner	599 LEXINGTON AVENUE, 20TH FLOOR, NEW YORK NY 10022
C4s & Co Llc	10 percent owner, other: See Explanation of Responses	RAMIUS LLC, 599 LEXINGTON AVENUE, NEW YORK NY 10022
Morgan B Stark	10 percent owner, other: See Explanation of Responses	C/O RAMIUS LLC, 599 LEXINGTON AVENUE 20TH FLOOR, NEW YORK NY 10022
Jeffrey M Solomon	10 percent owner, other: See Explanation of Responses	599 LEXINGTON AVENUE 20TH FLOOR, NEW YORK NY 10022