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

Performance Shipping Inc. (PSHG) had Inventory Turnover of 11.90 for the most recently reported fiscal year, ending 2023-12-31.

Quarterly Annual

Figures for fiscal year ending 2023-12-31

Income Statement Financials
Revenue	$108.94M
Net Income	$56.92M
Cost of Goods Sold	$26.22M
Gross Profit	$82.71M
Operating Expenses	$49.09M
Operating Income	$59.85M
Non-Operating Income/Expense	$9.56M
Pre-Tax Income	$69.41M
Normalized Pre-Tax Income	$53.73M
Income after Taxes	$69.41M
Income from Continuous Operations	$69.41M
Consolidated Net Income/Loss	$69.41M
Normalized Income after Taxes	$53.73M
EBIT	$59.85M
EBITDA	$74.89M
Weighted-Average Shares Outstanding (Basic)	10.49M
Weighted-Average Shares Outstanding (Diluted)	35.54M
Earnings per Share (EPS) (Basic)	$5.43
Earnings per Share (EPS) (Diluted)	$1.91
Balance Sheet Financials
Current Assets	$79.91M
Property, Plant, and Equipment	$213.46M
Long-Term Assets	$216.35M
Total Assets	$296.27M
Current Liabilities	$15.34M
Long-Term Debt	$47.46M
Long-Term Liabilities	$47.74M
Total Liabilities	$63.08M
Common Equity	$233.17M
Tangible Shareholders Equity	$233.18M
Shareholders Equity	$233.18M
Common Shares Outstanding	12.28M
Cash Flow Statement Financials
Cash Flow from Operating Activities	$67.95M
Cash Flow from Investing Activities	$25.72M
Cash Flow from Financial Activities	$-65.14M
Beginning Cash	$39.73M
End Cash	$68.27M
Increase/Decrease in Cash	$28.54M
Stock-Based Compensation	$0.05M
Common Stock Dividends Paid	$-1.89M
Preferred Stock Dividends Paid	--
Fundamental Metrics & Ratios
Current Ratio	5.21
Non-Performing Assets / Total Loans	--
Loan Loss Reserves / Non-Performing Loans	--
Debt to Capital Ratio	0.17
Debt to Equity Ratio	0.24
Gross Margin	75.93%
Operating Margin	54.94%
EBIT Margin	54.94%
EBITDA Margin	68.74%
Pre-Tax Profit Margin	63.72%
Profit Margin	52.25%
Free Cash Flow	$104.98M
Loss Ratio	--
Expense Ratio	--
Combined Ratio	--
Asset Turnover	0.37
Inventory Turnover	11.90
Receiveable Turnover	13.16
Days Sales in Receivables	27.74
Return on Equity	29.77%
Return on Tangible Equity	29.77%
Return on Assets	23.43%
Return on Investments	24.73%
Book Value Per Share	$18.99
Free Cash Flow per Share	$2.95
Operating Cash Flow per Share	$1.91

Data from Zacks Investment Research, Inc.