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International Seaways's total inventories for the quarter that ended in Dec. 2024 was $1.9 Mil. International Seaways's average total inventories from the quarter that ended in Sep. 2024 to the quarter that ended in Dec. 2024 was $1.1 Mil.
In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. International Seaways's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was $-12.58.
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 three months ended in Dec. 2024 was 0.82.
Inventory Turnover measures how fast the company turns over its inventory within a year. International Seaways's Inventory Turnover for the quarter that 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 quarter that ended in Dec. 2024 was 0.01.
The historical data trend for International Seaways's Total Inventories 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.
International Seaways Annual Data | |||||||||||||||||||||
Trend | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | Dec24 | |||||||||||
Total Inventories | Get a 7-Day Free Trial |
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3.60 | 2.11 | 0.53 | 1.33 | 1.88 |
International Seaways Quarterly Data | ||||||||||||||||||||
Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | Dec24 | |
Total Inventories | Get a 7-Day Free Trial |
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1.33 | 0.59 | 1.85 | 0.38 | 1.88 |
Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.
International Seaways (NYSE:INSW) Total Inventories Explanation
Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.
1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.
International Seaways's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2024 is
Net-Net Working Capital Per Share (Q: Dec. 2024 ) | |||||||
= | (Cash And Cash Equivalents | + | 0.75 * Accounts Receivable | + | 0.5 * Total Inventories | - | Total Liabilities |
- | Preferred Stock | - | Minority Interest) | / | Shares Outstanding (EOP) | ||
= | (157.506 | + | 0.75 * 4.31 | + | 0.5 * 1.875 | - | 780.349 |
- | 0 | - | 0) | / | 49.194 | ||
= | -12.58 |
2. 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 three months ended in Dec. 2024 is calculated as:
Days Inventory | = | Average Total Inventories (Q: Dec. 2024 ) | / | Cost of Goods Sold (Q: Dec. 2024 ) | * | Days in Period |
= | 1.1265 | / | 125.608 | * | 365 / 4 | |
= | 0.82 |
3. Inventory Turnover measures how fast the company turns over its inventory within a year.
International Seaways's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as
Inventory Turnover | = | Cost of Goods Sold (Q: Dec. 2024 ) | / | Average Total Inventories (Q: Dec. 2024 ) |
= | 125.608 | / | 1.1265 | |
= | 111.50 |
4. 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 quarter that ended in Dec. 2024 is calculated as
Inventory-to-Revenue | = | Average Total Inventories (Q: Dec. 2024 ) | / | Revenue (Q: Dec. 2024 ) |
= | 1.1265 | / | 194.613 | |
= | 0.01 |
* 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
Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.
When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.
Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.
Thank you for viewing the detailed overview of International Seaways's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.
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 |
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