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First Ship Lease Trust (First Ship Lease Trust) Days Inventory : 0.00 (As of Dec. 2023)


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What is First Ship Lease Trust Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). First Ship Lease Trust's Average Total Inventories for the three months ended in Dec. 2023 was $0.00 Mil. First Ship Lease Trust's Cost of Goods Sold for the three months ended in Dec. 2023 was $0.00 Mil.

The historical rank and industry rank for First Ship Lease Trust's Days Inventory or its related term are showing as below:

FSLUF' s Days Inventory Range Over the Past 10 Years
Min: 0.45   Med: 0.72   Max: 32.24
Current: 32.24

During the past 13 years, First Ship Lease Trust's highest Days Inventory was 32.24. The lowest was 0.45. And the median was 0.72.

FSLUF's Days Inventory is ranked worse than
52.05% of 682 companies
in the Business Services industry
Industry Median: 29.735 vs FSLUF: 32.24

First Ship Lease Trust's Days Inventory declined from Jun. 2022 (4.15) to Dec. 2023 (0.00).

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

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.


First Ship Lease Trust Days Inventory Historical Data

The historical data trend for First Ship Lease Trust'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.

* Premium members only.

First Ship Lease Trust Days Inventory Chart

First Ship Lease Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

First Ship Lease Trust Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 Dec23
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.15 11.29 - - -

Competitive Comparison of First Ship Lease Trust's Days Inventory

For the Rental & Leasing Services subindustry, First Ship Lease Trust'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.


First Ship Lease Trust's Days Inventory Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, First Ship Lease Trust's Days Inventory distribution charts can be found below:

* The bar in red indicates where First Ship Lease Trust's Days Inventory falls into.



First Ship Lease Trust Days Inventory Calculation

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

First Ship Lease Trust's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (0 + 0) / 1 ) / 2.9*365
=0 / 2.9*365
=0.00

First Ship Lease Trust's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (0 + 0) / 1 ) / 0*365 / 4
=0 / 0*365 / 4
=N/A

* 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.


First Ship Lease Trust  (OTCPK:FSLUF) 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.

First Ship Lease Trust's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

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.

First Ship Lease Trust's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

* 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

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.


First Ship Lease Trust Days Inventory Related Terms

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


First Ship Lease Trust (First Ship Lease Trust) Business Description

Traded in Other Exchanges
Address
7 Temasek Boulevard, No.12-10 Suntec Tower One, Singapore, SGP, 038987
First Ship Lease Trust or FSL is a Singapore-based firm engaged in the shipping business. The Group has one segment that is only involved in the leasing and chartering of vessels which is carried out in international waters. Bareboat Charter's lease income relates to lease income derived from operating leases which accounts for the majority of its revenues through its operations in Europe and Asia. Geographically, it operates in Asia, Europe, and North America, the majority is from North America.

First Ship Lease Trust (First Ship Lease Trust) Headlines

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