Scorpio Days Of Inventory On Hand from 2010 to 2024

STNG Stock  USD 52.62  0.29  0.55%   
Scorpio Tankers' Days Of Inventory On Hand is decreasing over the last several years with slightly volatile swings. Days Of Inventory On Hand is estimated to finish at 10.45 this year. During the period from 2010 to 2024 Scorpio Tankers Days Of Inventory On Hand regressed destribution of quarterly values had coefficient of variationof  48.83 and r-value of (0.48). View All Fundamentals
 
Days Of Inventory On Hand  
First Reported
2010-12-31
Previous Quarter
5.36926343
Current Value
10.45
Quarterly Volatility
4.03462081
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Scorpio Tankers financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Scorpio Tankers' main balance sheet or income statement drivers, such as Depreciation And Amortization of 115.9 M, Interest Expense of 88.3 M or Selling General Administrative of 100.9 M, as well as many indicators such as Price To Sales Ratio of 2.73, Dividend Yield of 0.0172 or PTB Ratio of 1.16. Scorpio financial statements analysis is a perfect complement when working with Scorpio Tankers Valuation or Volatility modules.
  
Check out the analysis of Scorpio Tankers Correlation against competitors.
For more detail on how to invest in Scorpio Stock please use our How to Invest in Scorpio Tankers guide.

Latest Scorpio Tankers' Days Of Inventory On Hand Growth Pattern

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

Scorpio Days Of Inventory On Hand Regression Statistics

Arithmetic Mean8.26
Geometric Mean7.61
Coefficient Of Variation48.83
Mean Deviation2.85
Median6.26
Standard Deviation4.03
Sample Variance16.28
Range13.3471
R-Value(0.48)
Mean Square Error13.53
R-Squared0.23
Significance0.07
Slope(0.43)
Total Sum of Squares227.89

Scorpio Days Of Inventory On Hand History

2024 10.45
2023 5.37
2022 9.15
2021 5.54
2020 5.75
2019 6.16
2018 5.8

About Scorpio Tankers Financial Statements

Scorpio Tankers stakeholders use historical fundamental indicators, such as Scorpio Tankers' Days Of Inventory On Hand, to determine how well the company is positioned to perform in the future. Although Scorpio Tankers investors may analyze each financial statement separately, they are all interrelated. For example, changes in Scorpio Tankers' assets and liabilities are reflected in the revenues and expenses on Scorpio Tankers' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Scorpio Tankers. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Days Of Inventory On Hand 5.37  10.45 

Currently Active Assets on Macroaxis

When determining whether Scorpio Tankers is a strong investment it is important to analyze Scorpio Tankers' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Scorpio Tankers' future performance. For an informed investment choice regarding Scorpio Stock, refer to the following important reports:
Check out the analysis of Scorpio Tankers Correlation against competitors.
For more detail on how to invest in Scorpio Stock please use our How to Invest in Scorpio Tankers guide.
You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Is Oil & Gas Storage & 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 Scorpio Tankers. If investors know Scorpio 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 Scorpio Tankers 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
0.637
Dividend Share
1.55
Earnings Share
13.97
Revenue Per Share
27.856
Quarterly Revenue Growth
(0.08)
The market value of Scorpio Tankers is measured differently than its book value, which is the value of Scorpio that is recorded on the company's balance sheet. Investors also form their own opinion of Scorpio Tankers' value that differs from its market value or its book value, called intrinsic value, which is Scorpio Tankers' 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 Scorpio Tankers' market value can be influenced by many factors that don't directly affect Scorpio Tankers' 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 Scorpio Tankers' value and its price as these two are different measures arrived at by different means. Investors typically determine if Scorpio Tankers is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Scorpio Tankers' 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.