Genco Days Of Inventory On Hand from 2010 to 2024

GNK Stock  USD 16.03  0.77  4.58%   
Genco Shipping Days Of Inventory On Hand yearly trend continues to be quite stable with very little volatility. The value of Days Of Inventory On Hand is projected to decrease to 29.38. From the period between 2010 and 2024, Genco Shipping, Days Of Inventory On Hand regression line of its data series had standard deviation of  122.37 and standard deviation of  122.37. View All Fundamentals
 
Days Of Inventory On Hand  
First Reported
2010-12-31
Previous Quarter
30.92967522
Current Value
29.38
Quarterly Volatility
122.37285049
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Genco Shipping financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Genco Shipping's main balance sheet or income statement drivers, such as Depreciation And Amortization of 83.1 M, Interest Expense of 8.3 M or Selling General Administrative of 28.1 M, as well as many indicators such as Price To Sales Ratio of 1.76, Dividend Yield of 0.0734 or PTB Ratio of 1.06. Genco financial statements analysis is a perfect complement when working with Genco Shipping Valuation or Volatility modules.
  
Check out the analysis of Genco Shipping Correlation against competitors.

Latest Genco Shipping's Days Of Inventory On Hand Growth Pattern

Below is the plot of the Days Of Inventory On Hand of Genco Shipping Trading over the last few years. It is Genco Shipping's Days Of Inventory On Hand historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Genco Shipping's overall financial position and show how it may be relating to other accounts over time.
Days Of Inventory On Hand10 Years Trend
Pretty Stable
   Days Of Inventory On Hand   
       Timeline  

Genco Days Of Inventory On Hand Regression Statistics

Arithmetic Mean59.81
Geometric Mean31.88
Coefficient Of Variation204.62
Mean Deviation59.52
Median27.94
Standard Deviation122.37
Sample Variance14,975
Range485
R-Value(0.21)
Mean Square Error15,449
R-Squared0.04
Significance0.46
Slope(5.61)
Total Sum of Squares209,652

Genco Days Of Inventory On Hand History

2024 29.38
2023 30.93
2022 23.14
2021 27.94
2020 24.63
2019 27.72
2018 38.14

About Genco Shipping Financial Statements

Genco Shipping investors utilize fundamental indicators, such as Days Of Inventory On Hand, to predict how Genco Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Days Of Inventory On Hand 30.93  29.38 

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When determining whether Genco Shipping Trading is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Genco Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Genco Shipping Trading Stock. Highlighted below are key reports to facilitate an investment decision about Genco Shipping Trading Stock:
Check out the analysis of Genco Shipping Correlation against competitors.
You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Is Marine Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Genco Shipping. If investors know Genco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Genco Shipping listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1
Dividend Share
1.57
Earnings Share
1.58
Revenue Per Share
10.221
Quarterly Revenue Growth
0.192
The market value of Genco Shipping Trading is measured differently than its book value, which is the value of Genco that is recorded on the company's balance sheet. Investors also form their own opinion of Genco Shipping's value that differs from its market value or its book value, called intrinsic value, which is Genco Shipping's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Genco Shipping's market value can be influenced by many factors that don't directly affect Genco Shipping's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Genco Shipping's value and its price as these two are different measures arrived at by different means. Investors typically determine if Genco Shipping is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Genco Shipping's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.