Inventory Turnover (Annual)

Inventory Turnover: A ratio showing how many times a company's inventory is sold and replaced over a period. Calculated as: Cost of Goods Sold / Total Inventory

Nordic American Tankers Limited (NAT) had Inventory Turnover of 8.55 for the most recently reported fiscal year, ending 2024-12-31.

Quarterly Annual

Figures for fiscal year ending 2024-12-31

Income Statement Financials
Revenue	$349.74M
Net Income	$46.64M
Cost of Goods Sold	$187.46M
Gross Profit	$162.29M
Operating Expenses	$272.43M
Operating Income	$77.31M
Non-Operating Income/Expense	$-30.68M
Pre-Tax Income	$46.63M
Normalized Pre-Tax Income	$46.63M
Income after Taxes	$46.64M
Income from Continuous Operations	$46.64M
Consolidated Net Income/Loss	$46.64M
Normalized Income after Taxes	$46.64M
EBIT	$77.31M
EBITDA	$134.31M
Weighted-Average Shares Outstanding (Basic)	209.23M
Weighted-Average Shares Outstanding (Diluted)	209.90M
Earnings per Share (EPS) (Basic)	$0.22
Earnings per Share (EPS) (Diluted)	$0.22
Balance Sheet Financials
Current Assets	$98.77M
Property, Plant, and Equipment	$715.27M
Long-Term Assets	$718.82M
Total Assets	$817.59M
Current Liabilities	$59.78M
Long-Term Debt	$248.14M
Long-Term Liabilities	$248.99M
Total Liabilities	$308.77M
Common Equity	$508.81M
Tangible Shareholders Equity	$508.81M
Shareholders Equity	$508.81M
Common Shares Outstanding	211.75M
Cash Flow Statement Financials
Cash Flow from Operating Activities	$128.16M
Cash Flow from Investing Activities	$-2.62M
Cash Flow from Financial Activities	$-115.05M
Beginning Cash	$33.36M
End Cash	$44.38M
Increase/Decrease in Cash	$11.02M
Stock-Based Compensation	$1.85M
Common Stock Dividends Paid	$-87.69M
Preferred Stock Dividends Paid	--
Fundamental Metrics & Ratios
Current Ratio	1.65
Non-Performing Assets / Total Loans	--
Loan Loss Reserves / Non-Performing Loans	--
Debt to Capital Ratio	0.33
Debt to Equity Ratio	0.53
Gross Margin	46.40%
Operating Margin	22.11%
EBIT Margin	22.11%
EBITDA Margin	38.40%
Pre-Tax Profit Margin	13.33%
Profit Margin	13.34%
Free Cash Flow	$125.54M
Loss Ratio	--
Expense Ratio	--
Combined Ratio	--
Asset Turnover	0.43
Inventory Turnover	8.55
Receiveable Turnover	21.56
Days Sales in Receivables	16.93
Return on Equity	9.17%
Return on Tangible Equity	9.17%
Return on Assets	5.71%
Return on Investments	6.16%
Book Value Per Share	$2.40
Free Cash Flow per Share	$0.60
Operating Cash Flow per Share	$0.61

Data from Zacks Investment Research, Inc.