DSG (Diamond S Shipping Group) Days Inventory: 23.67 (As of Mar. 2013)


What is Diamond S Shipping Group Days Inventory?

Diamond S Shipping Group DSG Days Inventory is 23.67 as of Mar. 2013. The stock has 1 warning sign investors should review.

Days Inventory is also known as Days Sales of Inventory (DSI). Diamond S Shipping Group's Average Total Inventories for the six months ended in Mar. 2013 was $4.83 Mil. Diamond S Shipping Group's Cost of Goods Sold for the six months ended in Mar. 2013 was $74.53 Mil. Hence, Diamond S Shipping Group's Days Inventory for the six months ended in Mar. 2013 was 11.84.

The historical rank and industry rank for Diamond S Shipping Group's Days Inventory or its related term are showing as below:

DSG's Days Inventory is not ranked *
in the Transportation industry.
Industry Median: 12.455
* Ranked among companies with meaningful Days Inventory only.

Diamond S Shipping Group's Days Inventory increased from . 20 (0.00) to Mar. 2013 (23.67). It might indicate that Diamond S Shipping Group's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Diamond S Shipping Group's Inventory Turnover for the six months ended in Mar. 2013 was 15.42.

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. Diamond S Shipping Group's Inventory-to-Revenue for the six months ended in Mar. 2013 was 0.03.

Diamond S Shipping Group  (NYSE:DSG) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

Diamond S Shipping Group's Inventory Turnover for the six months ended in Mar. 2013 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=74.525 / 4.833
=15.42

2. 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.

Diamond S Shipping Group's Inventory to Revenue for the six months ended in Mar. 2013 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=4.833 / 175.874
=0.03

* 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

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.

Diamond S Shipping Group Days Inventory Related Terms

Diamond S Shipping Group Days Inventory Historical Data

* Premium members only.

The historical data trend for Diamond S Shipping Group's Days 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.

Diamond S Shipping Group Days Inventory Chart

Diamond S Shipping Group Annual Data
Trend Mar12 Mar13
Days Inventory
35.63 23.67

Diamond S Shipping Group Semi-Annual Data
Mar12 Mar13
Days Inventory 35.63 23.67

DSG vs PRGNF, TEUFF, BSTN: Days Inventory Comparison

For the Marine Shipping subindustry, Diamond S Shipping Group's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Diamond S Shipping Group Days Inventory vs Transportation Industry

For the Transportation industry and Industrials sector, Diamond S Shipping Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where Diamond S Shipping Group's Days Inventory falls into.


Diamond S Shipping Group Days Inventory Calculation

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

Diamond S Shipping Group's Days Inventory for the fiscal year that ended in Mar. 2013 is calculated as

Days Inventory (A: Mar. 2013 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2012 ) + Total Inventories (A: Mar. 2013 )) / count ) / Cost of Goods Sold (A: Mar. 2013 )*Days in Period
=( (3.2 + 6.466) / 2 ) / 74.525*365
=4.833 / 74.525*365
=23.67

Diamond S Shipping Group's Days Inventory for the quarter that ended in Mar. 2013 is calculated as:

Days Inventory (Q: Mar. 2013 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2012 ) + Total Inventories (Q: Mar. 2013 )) / count ) / Cost of Goods Sold (Q: Mar. 2013 )*Days in Period
=( (3.2 + 6.466) / 2 ) / 74.525*365 / 2
=4.833 / 74.525*365 / 2
=11.84

* 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 Days Inventory →
What does a Days Inventory of 23.67 mean?
Diamond S Shipping Group (DSG) has a Days Inventory of 23.67 as of Mar. 2013. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Diamond S Shipping Group and its competitors.
Is Diamond S Shipping Group's Days Inventory too high?
Diamond S Shipping Group's current Days Inventory is 23.67. The Transportation industry median Days Inventory is 12.46. Diamond S Shipping Group's value of 23.67 is 90% above this industry median.
How does Diamond S Shipping Group's Days Inventory compare to PRGNF and TEUFF?
Diamond S Shipping Group's Days Inventory of 23.67 can be compared against companies in the Transportation industry. The industry median Days Inventory is 12.46. Diamond S Shipping Group's value of 23.67 is 90% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for a Transportation company?
The median Days Inventory among Transportation companies is 12.46, based on 796 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Diamond S Shipping Group's current Days Inventory of 23.67 is 90% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Diamond S Shipping Group and its competitors. For the Transportation industry, the median Days Inventory is 12.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Diamond S Shipping Group's current Days Inventory is 23.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Diamond S Shipping Group stock overvalued right now?
Diamond S Shipping Group (DSG) has a current Days Inventory of 23.67. The current Days Inventory is 23.67 and 90% above the Transportation industry median of 12.46. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Diamond S Shipping Group (DSG), the current Days Inventory is 23.67 as of Mar. 2013. 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.

Diamond S Shipping Group Business Description

Diamond S Shipping Group Inc, is incorporated in Marshall Islands on July 31, 2013. The Company provides seaborne transportation of refined petroleum and other products in the international shipping markets. The Company is the owners and operators of medium range, or MR, product tankers. The Company's fleet currently consists of 33 MR product tankers built at Korean and Japanese shipyards. The Company competes on basis of price, vessel location, size, age and condition of the vessel. The Company is subject to various international conventions, national, state and local laws and regulations in the countries in which its vessels may operate or are registered.