TNK (Teekay Tankers) Inventory Turnover: 5.19 (As of Mar. 2026)

What is Teekay Tankers Inventory Turnover?

Teekay Tankers TNK +4.59% 59 Inventory Turnover is 5.19 as of Mar. 2026. GuruFocus rates TNK with a GF Score™ of 59/100 and a GF Value™ of $37.89 (Significantly Overvalued). The stock has 3 warning signs 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. Teekay Tankers's Cost of Goods Sold for the three months ended in Mar. 2026 was $151 Mil. Teekay Tankers's Average Total Inventories for the quarter that ended in Mar. 2026 was $29 Mil. Teekay Tankers's Inventory Turnover for the quarter that ended in Mar. 2026 was 5.19.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Teekay Tankers's Days Inventory for the three months ended in Mar. 2026 was 17.60.

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. Teekay Tankers's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.10.

Teekay Tankers (NYSE:TNK) 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.

Teekay Tankers's Days Inventory for the three months ended in Mar. 2026 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2026 )	/	Cost of Goods Sold (Q: Mar. 2026 )	*	Days in Period
	=	29.064	/	150.698	*	365 / 4
	=	17.60

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.

Teekay Tankers's Inventory to Revenue for the quarter that ended in Mar. 2026 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2026 )	/	Revenue (Q: Mar. 2026 )
	=	29.064	/	286.094
	=	0.10

* 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.

Teekay Tankers Inventory Turnover Related Terms

Teekay Tankers Inventory Turnover Historical Data

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The historical data trend for Teekay Tankers's Inventory Turnover can be seen below:

Teekay Tankers Inventory Turnover Chart

Teekay Tankers Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Inventory Turnover

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14.36

15.87

15.64

16.83

18.31

Teekay Tankers Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
Inventory Turnover	Get a 7-Day Free Trial															4.41	4.76	4.98	4.84	5.19

59GF Score

Teekay Tankers Ltd TNK

Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.

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Teekay Tankers Inventory Turnover Calculation

Teekay Tankers's Inventory Turnover for the fiscal year that ended in Dec. 2025 is calculated as

	Inventory Turnover (A: Dec. 2025 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2025 )	/ (	(Total Inventories (A: Dec. 2024 )	+	Total Inventories (A: Dec. 2025 ))	/	count )
=	690.221	/ (	(45.99	+	29.409)	/	2 )
=	690.221	/	37.6995
=	18.31

Teekay Tankers's Inventory Turnover for the quarter that ended in Mar. 2026 is calculated as

	Inventory Turnover (Q: Mar. 2026 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2026 )	/ (	(Total Inventories (Q: Dec. 2025 )	+	Total Inventories (Q: Mar. 2026 ))	/	count )
=	150.698	/ (	(29.409	+	28.719)	/	2 )
=	150.698	/	29.064
=	5.19

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 5.19 mean?

Teekay Tankers (TNK) has a Inventory Turnover of 5.19 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Teekay Tankers and its competitors.

Is Teekay Tankers' Inventory Turnover too high?

Teekay Tankers' current Inventory Turnover is 5.19. Overall, Teekay Tankers has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Teekay Tankers' Inventory Turnover compare to NGL and DHT?

Teekay Tankers' Inventory Turnover of 5.19 can be compared against companies in the Oil & Gas 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 an Oil & Gas company?

A good Inventory Turnover depends on the Oil & Gas 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 Teekay Tankers and its competitors. Teekay Tankers's current Inventory Turnover is 5.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Teekay Tankers stock overvalued right now?

Based on GuruFocus' analysis, Teekay Tankers (TNK) is currently considered Significantly Overvalued. The stock's GF Value™ is $37.89, compared to a current price of $72.45 — trading 91.2% above its estimated fair value. The current Inventory Turnover is 5.19. Teekay Tankers' overall GF Score™ is 59/100 with 3 warning signs to review. 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 Teekay Tankers (TNK), the current Inventory Turnover is 5.19 as of Mar. 2026. 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.

Is Teekay Tankers (TNK) Overvalued in 2026?

Based on GuruFocus' analysis, Teekay Tankers stock appears to be overvalued. The current stock price of $72.45 is trading 91.2% above its estimated GF Value™ of $37.89. GuruFocus considers Teekay Tankers to be Significantly Overvalued.

Key valuation signals for TNK:

Inventory Turnover: 5.19
GF Value™: $37.89 vs. price of $72.45 (91.2% above fair value)
GF Score™: 59/100 with 3 warning signs

No single metric tells the full story. See the TNK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Teekay Tankers Business Description

Industry Energy Oil & Gas

Comparable Companies NGL DHT GEL FLNG GLP LPG SUNC NVGS NAT EE TSX:ENB WMB EPD KMI TSX:TRP ET TRGP MPLX OKE LNG

Other Exchanges 0EAQ:UK S52:Germany

Address 26 Victoria Street, 2nd Floor, Swan Building, Hamilton, BMU, HM 12

Website https://www.teekay.com

Teekay Tankers Ltd is a provider of marine services to the international oil and natural gas industries and an operator of medium-sized oil tankers. The company operates in two segments: Tankers, which consists of the operation of all of the company's tankers (including the operations from those tankers employed on full service lightering contracts), and the company's U.S. based ship-to-ship support service operations (including its lightering support services provided as part of full service lightering operations); and Marine Services, which consists of operational and maintenance marine services provided to the Australian government, Australian energy companies and other third parties. The company generates the majority of its revenue from the Tankers segment.

59GF Score

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$72.45

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$37.89

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