DHT Holdings (DHT Holdings) Change In Receivables : $-16.4 Mil (TTM As of Dec. 2023)

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What is DHT Holdings Change In Receivables?

DHT Holdings's change in receivables for the quarter that ended in Dec. 2023 was $-20.2 Mil. It means DHT Holdings's Accounts Receivable increased by $20.2 Mil from Sep. 2023 to Dec. 2023 .

DHT Holdings's change in receivables for the fiscal year that ended in Dec. 2023 was $-16.4 Mil. It means DHT Holdings's Accounts Receivable increased by $16.4 Mil from Dec. 2022 to Dec. 2023 .

DHT Holdings's Accounts Receivable for the quarter that ended in Dec. 2023 was $75.8 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. DHT Holdings's Days Sales Outstanding for the three months ended in Dec. 2023 was 48.27.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. DHT Holdings's liquidation value for the three months ended in Dec. 2023 was $-312.0 Mil.

DHT Holdings Change In Receivables Historical Data

The historical data trend for DHT Holdings'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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DHT Holdings Change In Receivables Chart

DHT Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-47.65

77.79

-0.30

-28.70

-16.38

DHT Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial															-9.03	4.45	-1.82	1.15	-20.16

DHT Holdings 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-16.4 Mil.

DHT Holdings (NYSE:DHT) 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.

DHT Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	75.848	/	143.376	*	91
=	48.27

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

DHT Holdings's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	74.738	-	460.556	+	0.75 * 75.848	+	0.5 * 33.806
=	-312.0

DHT Holdings Change In Receivables Related Terms

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DHT Holdings (DHT Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » DHT Holdings Inc (NYSE:DHT) » Definitions » Change In Receivables

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Traded in Other Exchanges

DHT:Mexico D8EN:Germany

Address

2 Church Street, Clarendon House, Hamilton, BMU, HM 11

Website

https://www.dhtankers.com

DHT Holdings Inc is a crude oil tanker company. It is an independent crude oil tanker company. Its fleet trades internationally and consists of crude oil tankers in the VLCC. It generates revenues from time charter and spot market operations. Its fleets consist of very large crude carriers known as VLCCs that range in size from 200,000 to 320,000 deadweight tons. Geographically, DHT operates in Monaco, Oslo, Norway, and Singapore.