Belships ASA (OSL:BELCO) Days Sales Outstanding : 13.32 (As of Mar. 2024)

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What is Belships ASA Days Sales Outstanding?

Belships ASA's average Accounts Receivable for the three months ended in Mar. 2024 was kr240 Mil. Belships ASA's Revenue for the three months ended in Mar. 2024 was kr1,643 Mil. Hence, Belships ASA's Days Sales Outstanding for the three months ended in Mar. 2024 was 13.32.

The historical rank and industry rank for Belships ASA's Days Sales Outstanding or its related term are showing as below:

OSL:BELCO' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0.42 Med: 6.09 Max: 23.41
Current: 23.41

During the past 13 years, Belships ASA's highest Days Sales Outstanding was 23.41. The lowest was 0.42. And the median was 6.09.

OSL:BELCO's Days Sales Outstanding is ranked better than
78.73% of 964 companies
in the Transportation industry
Industry Median: 45.835 vs OSL:BELCO: 23.41

Belships ASA's Days Sales Outstanding declined from Mar. 2023 (22.82) to Mar. 2024 (13.32).

Belships ASA Days Sales Outstanding Historical Data

The historical data trend for Belships ASA's Days Sales Outstanding 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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Belships ASA Days Sales Outstanding Chart

Belships ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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5.60

10.51

6.78

6.35

5.82

Belships ASA Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															22.82	28.72	28.58	15.67	13.32

Competitive Comparison of Belships ASA's Days Sales Outstanding

For the Marine Shipping subindustry, Belships ASA's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Belships ASA's Days Sales Outstanding Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Belships ASA's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Belships ASA's Days Sales Outstanding falls into.

Belships ASA Days Sales Outstanding Calculation

Days Sales Outstanding measures 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.

Accounts Receivable can be measured by Days Sales Outstanding.

Belships ASA's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

	Days Sales Outstanding (A: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (147.065	+	42.493)	/	2 )	/	5943.964	*	365
=	94.779					/	5943.964	*	365
=	5.82

Belships ASA's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (42.493	+	437.081)	/	2 )	/	1642.52	*	365 / 4
=	239.787					/	1642.52	*	365 / 4
=	13.32

Belships ASA (OSL:BELCO) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.

Belships ASA Days Sales Outstanding Related Terms

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Belships ASA (OSL:BELCO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Belships ASA (OSL:BELCO) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

BELO:Sweden NS6:Germany

Address

Lilleakerveien 6D, 7th floor, Oslo, NOR, N-0283

Website

https://www.belships.com

Belships ASA is a fully integrated owner and operator of dry bulk ships. The company also provides commercial and technical ship management services. The Group is divided into the operating segments of dry bulk and technical management. The dry bulk segment is further divided into 2 reportable segments: own ships (owned or leased) and ships operating in the spot market and operation/commercial management. The operating segments have worldwide activities. Shipping, in general, offers a global service covering major global trade routes.

Belships ASA (OSL:BELCO) Headlines

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