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Overseas Shipholding Group (Overseas Shipholding Group) Days Inventory : 4.66 (As of Mar. 2024)


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What is Overseas Shipholding Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Overseas Shipholding Group's Average Total Inventories for the three months ended in Mar. 2024 was $4.3 Mil. Overseas Shipholding Group's Cost of Goods Sold for the three months ended in Mar. 2024 was $83.7 Mil. Hence, Overseas Shipholding Group's Days Inventory for the three months ended in Mar. 2024 was 4.66.

The historical rank and industry rank for Overseas Shipholding Group's Days Inventory or its related term are showing as below:

OSG' s Days Inventory Range Over the Past 10 Years
Min: 1.8   Med: 3.04   Max: 14.2
Current: 4.85

During the past 13 years, Overseas Shipholding Group's highest Days Inventory was 14.20. The lowest was 1.80. And the median was 3.04.

OSG's Days Inventory is ranked better than
88.87% of 728 companies
in the Oil & Gas industry
Industry Median: 31.185 vs OSG: 4.85

Overseas Shipholding Group's Days Inventory increased from Mar. 2023 (4.35) to Mar. 2024 (4.66). It might indicate that Overseas Shipholding Group's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Overseas Shipholding Group's Inventory Turnover for the three months ended in Mar. 2024 was 19.59.

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. Overseas Shipholding Group's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.04.


Overseas Shipholding Group Days Inventory Historical Data

The historical data trend for Overseas Shipholding Group'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.

Overseas Shipholding Group Days Inventory Chart

Overseas Shipholding Group 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 2.23 1.80 2.64 2.51 2.31

Overseas Shipholding Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 4.35 5.68 4.28 2.79 4.66

Competitive Comparison of Overseas Shipholding Group's Days Inventory

For the Oil & Gas Midstream subindustry, Overseas Shipholding Group'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.


Overseas Shipholding Group's Days Inventory Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Overseas Shipholding Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where Overseas Shipholding Group's Days Inventory falls into.



Overseas Shipholding Group Days Inventory Calculation

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

Overseas Shipholding Group'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
=( (2.283 + 1.86) / 2 ) / 326.725*365
=2.0715 / 326.725*365
=2.31

Overseas Shipholding Group's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (1.86 + 6.682) / 2 ) / 83.655*365 / 4
=4.271 / 83.655*365 / 4
=4.66

* 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.


Overseas Shipholding Group  (NYSE:OSG) 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.

Overseas Shipholding Group's Inventory Turnover for the three months ended in Mar. 2024 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.

Overseas Shipholding Group's Inventory to Revenue for the three months ended in Mar. 2024 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.


Overseas Shipholding Group Days Inventory Related Terms

Thank you for viewing the detailed overview of Overseas Shipholding Group's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Overseas Shipholding Group (Overseas Shipholding Group) Business Description

Traded in Other Exchanges
Address
302 Knights Run Avenue, Tampa, FL, USA, 33602
Overseas Shipholding Group Inc is a tanker company which owns and operates a fleet of oceangoing vessels. It provides energy transportation services, delivering crude oil and petroleum products in the U.S. The company owns and operates a combined fleet of approximately 21 vessels registered in the United States. The company operates in the segment of the U.S. Flag Fleet. Majority of the company's revenue is generated in the form of time charters.
Executives
Samuel H Norton director, officer: President and CEO 58 NE 44TH STREET, MIAMI FL 33133
Elaine Goodman Luria director 7421 GLENEAGLES RD, NORFOLK VA 23505
Douglas D Wheat director, other: Chairman of the Board C/O HAAS WHEAT & PARTNERS LP, 300 CRESCENT COURT, SUITE 1700, DALLAS TX 75201
Cyrus Capital Partners, L.p. director, 10 percent owner, other: SEE REMARKS 65 EAST 55 STREET, 35TH FLOOR, NEW YORK NY 10022
Gary Eugene Taylor director 814 NORTH BEACH BLVD., BAY ST. LOUIS MS 39520
Julie Silcock director
Anja Manuel director C/O OVERSEAS SHIPHOLDING GROUP, INC., 302 KNIGHTS RUN AVENUE, TAMPA FL 33602
Joseph Isaac Kronsberg director 233 PACIFIC STREET, APT 4G, BROOKLYN NY 11201
Saltchuk Resources, Inc. 10 percent owner 450 ALASKAN WAY SOUTH, SUITE 708, SEATTLE WA 98104
Rebecca K Delaet director 34 BEACH AVENUE, LARCHMONT NY 10538
Ty Wallach director C/O PAULSON & CO INC., 1251 AVENUE OF THE AMERICAS, NEW YORK NY 10020
Paulson & Co. Inc. 10 percent owner 1133 AVENUE OF THE AMERICAS, 33RD FLOOR, NEW YORK NY 10036
J Patrick Reddy director
Susan Allan officer: VP, General Counsel & Corp Sec 302 KNIGHTS RUN AVENUE, SUITE 1200, TAMPA FL 33602
Richard Trueblood officer: CFO 10812 BULLRUSH TERRACE, LAKEWOOD RANCH FL 34202