Diamond S Shipping Group (Diamond S Shipping Group) Accounts Receivable : $5.29 Mil (As of Mar. 2013)

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What is Diamond S Shipping Group Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Diamond S Shipping Group's accounts receivables for the quarter that ended in Mar. 2013 was $5.29 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Diamond S Shipping Group's Days Sales Outstanding for the quarter that ended in Mar. 2013 was 5.48.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Diamond S Shipping Group's Net-Net Working Capital per share for the quarter that ended in Mar. 2013 was $N/A.

Diamond S Shipping Group Accounts Receivable Historical Data

The historical data trend for Diamond S Shipping Group's Accounts Receivable 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.

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Diamond S Shipping Group Accounts Receivable Chart

Diamond S Shipping Group Annual Data

Trend

Mar12

Mar13

Accounts Receivable

1.72

5.29

Diamond S Shipping Group Semi-Annual Data
	Mar12	Mar13
Accounts Receivable	1.72	5.29

Diamond S Shipping Group Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.

Diamond S Shipping Group Accounts Receivable Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's accounts receivables are being managed.

Diamond S Shipping Group's Days Sales Outstanding for the quarter that ended in Mar. 2013 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	5.285	/	175.874	*	91
=	5.48

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Diamond S Shipping Group's accounts receivable are only considered to be worth 75% of book value:

Diamond S Shipping Group's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2013 is calculated as:

	Net-Net Working Capital Per Share
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(38.772	+	0.75 * 5.285	+	0.5 * 6.466	-	675.548
-	0	-	0)	/	0
=	N/A

Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.

Diamond S Shipping Group Accounts Receivable Related Terms

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Diamond S Shipping Group (Diamond S Shipping Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Diamond S Shipping Group Inc (NYSE:DSG) » Definitions » Accounts Receivable

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Traded in Other Exchanges

N/A

Address

Website

http://www.diamondsshipping.com

Diamond S Shipping Group Inc, is incorporated in Marshall Islands on July 31, 2013. The Company provides seaborne transportation of refined petroleum and other products in the international shipping markets. The Company is the owners and operators of medium range, or MR, product tankers. The Company's fleet currently consists of 33 MR product tankers built at Korean and Japanese shipyards. The Company competes on basis of price, vessel location, size, age and condition of the vessel. The Company is subject to various international conventions, national, state and local laws and regulations in the countries in which its vessels may operate or are registered.