Global Ship Lease (Global Ship Lease) Inventory-to-Revenue : 0.08 (As of Dec. 2023)

View and export this data going back to 2008. Start your Free Trial

What is Global Ship Lease Inventory-to-Revenue?

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. Global Ship Lease's Average Total Inventories for the quarter that ended in Dec. 2023 was $14.9 Mil. Global Ship Lease's Revenue for the three months ended in Dec. 2023 was $177.4 Mil. Global Ship Lease's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.08.

Global Ship Lease's Inventory-to-Revenue for the quarter that ended in Dec. 2023 increased from Sep. 2023 (0.08) to Sep. 2023 (0.08)

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Global Ship Lease's Days Inventory for the three months ended in Dec. 2023 was 17.76.

Inventory Turnover measures how fast the company turns over its inventory within a year. Global Ship Lease's Inventory Turnover for the quarter that ended in Dec. 2023 was 5.14.

Global Ship Lease Inventory-to-Revenue Historical Data

The historical data trend for Global Ship Lease's Inventory-to-Revenue 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.

* Premium members only.

Global Ship Lease Inventory-to-Revenue Chart

Global Ship Lease Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory-to-Revenue

Get a 7-Day Free Trial

0.02

Global Ship Lease Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory-to-Revenue	Get a 7-Day Free Trial															0.08	0.08	0.08	0.08	0.08

Competitive Comparison of Global Ship Lease's Inventory-to-Revenue

For the Rental & Leasing Services subindustry, Global Ship Lease's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue 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.

Global Ship Lease's Inventory-to-Revenue Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Global Ship Lease's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Global Ship Lease's Inventory-to-Revenue falls into.

Global Ship Lease Inventory-to-Revenue Calculation

Global Ship Lease's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory-to-Revenue (A: Dec. 2023 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )
=	( (12.237	+	15.764)	/	2 )	/	666.715
=	14.0005					/	666.715
=	0.02

Global Ship Lease's Inventory-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

	Inventory-to-Revenue (Q: Dec. 2023 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Revenue (Q: Dec. 2023 )
=	( (14.114	+	15.764)	/	2 )	/	177.377
=	14.939					/	177.377
=	0.08

Global Ship Lease (NYSE:GSL) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

More Related Terms:

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

Global Ship Lease's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	14.939	/	76.741	*	365 / 4
	=	17.76

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

Global Ship Lease's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Dec. 2023 )	/	Average Total Inventories (Q: Dec. 2023 )
	=	76.741	/	14.939
	=	5.14

Global Ship Lease Inventory-to-Revenue Related Terms

Thank you for viewing the detailed overview of Global Ship Lease's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.

Global Ship Lease (Global Ship Lease) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Global Ship Lease Inc (NYSE:GSL) » Definitions » Inventory-to-Revenue

Comparable Companies

Traded in Other Exchanges

GSLpB.PFD:USA 37H:Germany 37H:Germany

Address

25 Wilton Road, London, GBR, SW1V 1LW

Website

https://www.globalshiplease.com

Global Ship Lease Inc operates in the container shipping industry. The company owns and charters out containerships under long-term, fixed-rate charters to container liner companies. The majority of the company's revenues are derived from charters to MAERSK. Its fleet consisted of more than 60 containerships.

Executives

Integrated Core Strategies (us) Llc	10 percent owner	C/O MILLENNIUM MANAGEMENT LLC, 399 PARK AVENUE, NEW YORK NY 10022
Nisswa Acquisition Master Fund Ltd.	10 percent owner	C/O MAPLES CORPORATE SVCS LIMITED, PO BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104
Israel A Englander	other: May be deemed a group member.	C/O MILLENNIUM MANAGEMENT LLC, 399 PARK AVENUE, NEW YORK NY 10022
Millenco, L.l.c.	10 percent owner	C/O MILLENNIUM MANAGEMENT LLC, 666 FIFTH AVENUE, 8TH FLOOR, NEW YORK NY 10103
Millennium Management Llc	other: May be deemed a group member.	399 PARK AVENUE, NEW YORK NY 10022
Integrated Holding Group, L.p.	other: May be deemed a group member.	C/O MILLENNIUM MANAGEMENT LLC, 666 FIFTH AVENUE, 8TH FLOOR, NEW YORK NY 10103-0899
Millennium International Management Lp	other: May be deemed a group member.	399 PARK AVENUE, NEW YORK NY 10022
Cognizant Holdings, Ltd.	other: May be deemed a group member.	C/O MILLENNIUM INTERNATIONAL MGMT. LP, 666 FIFTH AVENUE, 8TH FLOOR, NEW YORK NY 10103
Millennium Group Management Llc	other: May be deemed a group member.	C/O MILLENNIUM MANAGEMENT LLC, 399 PARK AVENUE, NEW YORK NY 10022