Okeanis Eco Tankers (OSTO:OETO) Change In Receivables : kr5 Mil (TTM As of Mar. 2024)

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What is Okeanis Eco Tankers Change In Receivables?

Okeanis Eco Tankers's change in receivables for the quarter that ended in Mar. 2024 was kr255 Mil. It means Okeanis Eco Tankers's Accounts Receivable declined by kr255 Mil from Dec. 2023 to Mar. 2024 .

Okeanis Eco Tankers's change in receivables for the fiscal year that ended in Dec. 2023 was kr-50 Mil. It means Okeanis Eco Tankers's Accounts Receivable increased by kr50 Mil from Dec. 2022 to Dec. 2023 .

Okeanis Eco Tankers's Accounts Receivable for the quarter that ended in Mar. 2024 was kr356 Mil.

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 Receivable are being managed. Okeanis Eco Tankers's Days Sales Outstanding for the three months ended in Mar. 2024 was 27.56.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Okeanis Eco Tankers's liquidation value for the three months ended in Mar. 2024 was kr-6,147 Mil.

Okeanis Eco Tankers Change In Receivables Historical Data

The historical data trend for Okeanis Eco Tankers's Change In Receivables 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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Okeanis Eco Tankers Change In Receivables Chart

Okeanis Eco Tankers Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-90.95

30.79

63.57

-415.84

-50.12

Okeanis Eco Tankers Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															196.43	-368.11	314.11	-196.16	255.30

Okeanis Eco Tankers Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr5 Mil.

Okeanis Eco Tankers (OSTO:OETo) Change In Receivables 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 Receivable are being managed.

Okeanis Eco Tankers's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	356.11	/	1179.248	*	91
=	27.56

2. In Ben Graham's calculation of liquidation value, Okeanis Eco Tankers's accounts receivable are only considered to be worth 75% of book value:

Okeanis Eco Tankers's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	1102.321	-	7641.837	+	0.75 * 356.11	+	0.5 * 251.539
=	-6,147

Okeanis Eco Tankers Change In Receivables Related Terms

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Okeanis Eco Tankers (OSTO:OETO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Okeanis Eco Tankers Corp (OSTO:OETo) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

ECO:USA OET:Norway OETo:UK 7OK:Germany

Address

Ethnarchou Makariou av, & 2 D. Falireos street, Neo Faliro, Piraeus, GRC, 18547

Website

https://www.okeanisecotankers.com

Okeanis Eco Tankers Corp owns and operates tanker vessels in Greece. The business of the company is to own, charter out, and operate tanker vessels. The company owns, through its vessel-owning subsidiaries, a fleet of around seven tanker vessels and has around eight tanker vessels on order. The sailing fleet consists of around six modern Suezmax tankers, and eight VLCC tankers.

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