DSG (Diamond S Shipping Group) Inventory Turnover: 15.42 (As of Mar. 2013)


What is Diamond S Shipping Group Inventory Turnover?

Diamond S Shipping Group DSG Inventory Turnover is 15.42 as of Mar. 2013. The stock has 1 warning sign investors should review.

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Diamond S Shipping Group's Cost of Goods Sold for the six months ended in Mar. 2013 was $74.53 Mil. Diamond S Shipping Group's Average Total Inventories for the quarter that ended in Mar. 2013 was $4.83 Mil. Diamond S Shipping Group's Inventory Turnover for the quarter that ended in Mar. 2013 was 15.42.

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 six months ended in Mar. 2013 was 11.84.

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 quarter that ended in Mar. 2013 was 0.03.

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

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

1. 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 six months ended in Mar. 2013 is calculated as:

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

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 quarter that ended in Mar. 2013 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2013 ) / Revenue (Q: Mar. 2013 )
=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

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Diamond S Shipping Group Inventory Turnover Related Terms

Diamond S Shipping Group Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Diamond S Shipping Group's Inventory Turnover 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 Inventory Turnover Chart

Diamond S Shipping Group Annual Data
Trend Mar12 Mar13
Inventory Turnover
10.25 15.42

Diamond S Shipping Group Semi-Annual Data
Mar12 Mar13
Inventory Turnover 10.25 15.42

Diamond S Shipping Group Inventory Turnover Calculation

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

Inventory Turnover (A: Mar. 2013 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Mar. 2013 ) / ((Total Inventories (A: Mar. 2012 ) + Total Inventories (A: Mar. 2013 )) / count )
=74.525 / ((3.2 + 6.466) / 2 )
=74.525 / 4.833
=15.42

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

Inventory Turnover (Q: Mar. 2013 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2013 ) / ((Total Inventories (Q: Mar. 2012 ) + Total Inventories (Q: Mar. 2013 )) / count )
=74.525 / ((3.2 + 6.466) / 2 )
=74.525 / 4.833
=15.42

* 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 Inventory Turnover →
What does a Inventory Turnover of 15.42 mean?
Diamond S Shipping Group (DSG) has a Inventory Turnover of 15.42 as of Mar. 2013. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Diamond S Shipping Group and its competitors.
Is Diamond S Shipping Group's Inventory Turnover too high?
Diamond S Shipping Group's current Inventory Turnover is 15.42.
How does Diamond S Shipping Group's Inventory Turnover compare to PRGNF and TEUFF?
Diamond S Shipping Group's Inventory Turnover of 15.42 can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for a Transportation company?
A good Inventory Turnover depends on the Transportation industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Diamond S Shipping Group and its competitors. Diamond S Shipping Group's current Inventory Turnover is 15.42. 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 Inventory Turnover of 15.42. The current Inventory Turnover is 15.42. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For Diamond S Shipping Group (DSG), the current Inventory Turnover is 15.42 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.