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d'Amico International Shipping (MIL:DIS) Accounts Receivable : €62.1 Mil (As of Mar. 2024)


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What is d'Amico International Shipping Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. d'Amico International Shipping's accounts receivables for the quarter that ended in Mar. 2024 was €62.1 Mil.

Accounts receivable can be measured by Days Sales Outstanding. d'Amico International Shipping's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 46.17.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. d'Amico International Shipping's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was €-1.03.


d'Amico International Shipping Accounts Receivable Historical Data

The historical data trend for d'Amico International Shipping'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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d'Amico International Shipping Accounts Receivable Chart

d'Amico International Shipping Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

d'Amico International Shipping Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 72.58 - 70.12 - 62.08

d'Amico International Shipping Accounts Receivable Calculation

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


d'Amico International Shipping 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.

d'Amico International Shipping's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=62.08/122.706*91
=46.17

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

d'Amico International Shipping's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 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)
=(160.514+0.75 * 62.08+0.5 * 12.169-337.213
-0-0)/120.653
=-1.03

* 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.


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.


d'Amico International Shipping Accounts Receivable Related Terms

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d'Amico International Shipping (MIL:DIS) Business Description

Traded in Other Exchanges
Address
25C Boulevard Royal, 11th Floor, Luxembourg, LUX, 2449
d'Amico International Shipping SA is an international marine transportation company. It provides transportation services for refined petroleum products and vegetable oil. It operates a flexible fleet of product/chemical tankers. The product tankers transport refined oil products through various double-hulled vessels. It serves oil companies and trading houses. Its revenue is generated from the employment of the vessels of its fleet under spot contracts and time charters, for the marine transportation of refined petroleum products. Geographically the activities are performed throughout Luxembourg.

d'Amico International Shipping (MIL:DIS) Headlines