Western Bulk Chartering AS (Western Bulk Chartering AS) Days Sales Outstanding : 7.93 (As of Dec. 2023)

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What is Western Bulk Chartering AS Days Sales Outstanding?

Western Bulk Chartering AS's average Accounts Receivable for the six months ended in Dec. 2023 was $24 Mil. Western Bulk Chartering AS's Revenue for the six months ended in Dec. 2023 was $543 Mil. Hence, Western Bulk Chartering AS's Days Sales Outstanding for the six months ended in Dec. 2023 was 7.93.

The historical rank and industry rank for Western Bulk Chartering AS's Days Sales Outstanding or its related term are showing as below:

WSSTF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 6.18 Med: 10.26 Max: 12.09
Current: 8.81

During the past 6 years, Western Bulk Chartering AS's highest Days Sales Outstanding was 12.09. The lowest was 6.18. And the median was 10.26.

WSSTF's Days Sales Outstanding is ranked better than
93.37% of 966 companies
in the Transportation industry
Industry Median: 45.79 vs WSSTF: 8.81

Western Bulk Chartering AS's Days Sales Outstanding declined from Dec. 2022 (11.91) to Dec. 2023 (7.93).

Western Bulk Chartering AS Days Sales Outstanding Historical Data

The historical data trend for Western Bulk Chartering AS'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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Western Bulk Chartering AS Days Sales Outstanding Chart

Western Bulk Chartering AS Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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11.20

11.82

6.25

7.83

9.94

Western Bulk Chartering AS Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial					7.65	9.49	11.91	9.43	7.93

Competitive Comparison of Western Bulk Chartering AS's Days Sales Outstanding

For the Marine Shipping subindustry, Western Bulk Chartering AS'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.

Western Bulk Chartering AS's Days Sales Outstanding Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Western Bulk Chartering AS's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Western Bulk Chartering AS's Days Sales Outstanding falls into.

Western Bulk Chartering AS 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.

Western Bulk Chartering AS'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
=	( (36.521	+	24.369)	/	2 )	/	1117.629	*	365
=	30.445					/	1117.629	*	365
=	9.94

Western Bulk Chartering AS's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (22.83	+	24.369)	/	2 )	/	543.393	*	365 / 2
=	23.5995					/	543.393	*	365 / 2
=	7.93

Western Bulk Chartering AS (OTCPK:WSSTF) Days Sales Outstanding Explanation

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

Western Bulk Chartering AS Days Sales Outstanding Related Terms

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Western Bulk Chartering AS (Western Bulk Chartering AS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Western Bulk Chartering AS (OTCPK:WSSTF) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

WEST:Norway 7EJ:Germany

Address

Henrik Ibsensgate 100, PO Box 2868, Solli, Oslo, NOR, 0230

Website

https://www.westernbulk.com

Western Bulk Chartering AS is a transporter of dry bulk commodities. Its commodity includes coal, minerals, steel products, cement, agriculture or grains, ferrous ores, and fertilizers, among others. It operates in dry bulk vessels in the Panamax to Handysize segment. Geographic diversification is the Far East, Europe, India, North America, Africa, South America, and the Middle East.

Western Bulk Chartering AS (Western Bulk Chartering AS) Headlines

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