INSW (International Seaways) Days Inventory : 0.82 (As of Dec. 2024)

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What is International Seaways Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). International Seaways's Average Total Inventories for the three months ended in Dec. 2024 was $1.1 Mil. International Seaways's Cost of Goods Sold for the three months ended in Dec. 2024 was $125.6 Mil. Hence, International Seaways's Days Inventory for the three months ended in Dec. 2024 was 0.82.

The historical rank and industry rank for International Seaways's Days Inventory or its related term are showing as below:

INSW' s Days Inventory Range Over the Past 10 Years
Min: 0.76 Med: 3.27 Max: 6.28
Current: 0.93

During the past 12 years, International Seaways's highest Days Inventory was 6.28. The lowest was 0.76. And the median was 3.27.

INSW's Days Inventory is ranked better than
98.58% of 703 companies
in the Oil & Gas industry
Industry Median: 31.8 vs INSW: 0.93

International Seaways's Days Inventory declined from Dec. 2023 (0.97) to Dec. 2024 (0.82).

Inventory Turnover measures how fast the company turns over its inventory within a year. International Seaways's Inventory Turnover for the three months ended in Dec. 2024 was 111.50.

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. International Seaways's Inventory-to-Revenue for the three months ended in Dec. 2024 was 0.01.

International Seaways Days Inventory Historical Data

The historical data trend for International Seaways'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.

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International Seaways Days Inventory Chart

International Seaways Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Inventory

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5.42

3.36

1.22

0.76

1.24

International Seaways Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Inventory	Get a 7-Day Free Trial															0.97	0.81	0.95	0.82	0.82

Competitive Comparison of International Seaways's Days Inventory

For the Oil & Gas Midstream subindustry, International Seaways'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.

International Seaways's Days Inventory Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, International Seaways's Days Inventory distribution charts can be found below:

* The bar in red indicates where International Seaways's Days Inventory falls into.

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International Seaways Days Inventory Calculation

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

International Seaways's Days Inventory for the fiscal year that ended in Dec. 2024 is calculated as

	Days Inventory (A: Dec. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2023 )	+	Total Inventories (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (1.329	+	1.875)	/	2 )	/	473.45	*	365
=	1.602					/	473.45	*	365
=	1.24

International Seaways's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

	Days Inventory (Q: Dec. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (0.378	+	1.875)	/	2 )	/	125.608	*	365 / 4
=	1.1265					/	125.608	*	365 / 4
=	0.82

International Seaways (NYSE:INSW) 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.

International Seaways's Inventory Turnover for the three months ended in Dec. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	125.608	/	1.1265
	=	111.50

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.

International Seaways's Inventory to Revenue for the three months ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1.1265	/	194.613
	=	0.01

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.

International Seaways Days Inventory Related Terms

Thank you for viewing the detailed overview of International Seaways's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

International Seaways Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » International Seaways Inc (NYSE:INSW) » Definitions » Days Inventory

Comparable Companies

DHT GLP STNG GEL TNK NVGS SBR LPG EE NGL TSX:ENB EPD WMB ET OKE KMI MPLX LNG TSX:TRP TRGP

Traded in Other Exchanges

INSW:Mexico IS5:Germany

Address

600 Third Avenue, 39th Floor, New York, NY, USA, 10016

Website

https://www.intlseas.com

International Seaways Inc owns and operates a fleet of oceangoing vessels engaged in the transportation of crude oil and petroleum products. The company's vessel operations are organized into two segments: Crude Tankers and Product Carriers. The fleet consists of ULCC, VLCC, Suezmax, Aframax, and Panamax crude tankers, as well as LR1, LR2, and MR product carriers.

Executives

Lois K Zabrocky	director, officer: President	666 THIRD AVENUE, 5TH FLOOR, NEW YORK NY 10017
Derek G. Solon	officer: VP and Chief Comm. Officer	C/O INTERNATIONAL SEAWAYS, INC., 600 THIRD AVENUE, 39TH FLOOR, NEW YORK NY 10016
William F. Nugent	officer: VP and Head of Shipping Ops.	C/O INTERNATIONAL SEAWAYS, INC., 600 THIRD AVENUE, 39TH FLOOR, NEW YORK NY 10465
Alexandra Kate Blankenship	director	33 BENEDICT PLACE, 2ND FLOOR, GREENWICH CT 06830
Jeffrey Pribor	officer: Chief Financial Officer	35 WEST 56TH STREET, NEW YORK NY 10019
Small James D Iii	officer: SVP & Secretary	C/O OVERSEAS SHIPHOLDING GROUP, INC., 1301 AVENUE OF THE AMERICAS, 42ND FLOOR, NEW YORK NY 10019
Douglas D Wheat	director	C/O HAAS WHEAT & PARTNERS LP, 300 CRESCENT COURT, SUITE 1700, DALLAS TX 75201
Joseph Isaac Kronsberg	director	233 PACIFIC STREET, APT 4G, BROOKLYN NY 11201
Adewale Oshodi	officer: Controller	1301 AVENUE OF THE AMERICAS, 42ND FLOOR, C/O OVERSEAS SHIPHOLDING GROUP, INC., NEW YORK NY 10019
Randee E Day	director	217 DEBRA LANE, PALM BEACH FL 33480
Nadim Z Qureshi	director	575 MARYVILLE CENTRE DRIVE, ST. LOUIS MO 63141
David I Greenberg	director	ALTRIA GROUP INC, 120 PARK AVE, NEW YORK NY 10017
Ian T Blackley	director, officer: Senior Vice President & CFO	666 THIRD AVENUE, NEW YORK NY 10017
Stevenson Craig H Jr	director	C/O OMI CORP, ONE STATION PL, STAMFORD CT 06902
Famatown Finance Ltd	10 percent owner	C/O SEATANKERS MANAGEMENT CO. LTD, P. O. BOX 53562, LIMASSOL G4 CY 3399