StealthGas (StealthGas) Change In Receivables : $0.2 Mil (TTM As of Dec. 2023)

View and export this data going back to 2005. Start your Free Trial

What is StealthGas Change In Receivables?

StealthGas's change in receivables for the quarter that ended in Dec. 2023 was $-0.8 Mil. It means StealthGas's Accounts Receivable increased by $0.8 Mil from Sep. 2023 to Dec. 2023 .

StealthGas's change in receivables for the fiscal year that ended in Dec. 2022 was $-3.2 Mil. It means StealthGas's Accounts Receivable increased by $3.2 Mil from Dec. 2021 to Dec. 2022 .

StealthGas's Accounts Receivable for the quarter that ended in Dec. 2023 was $4.5 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. StealthGas's Days Sales Outstanding for the three months ended in Dec. 2023 was 12.05.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. StealthGas's liquidation value for the three months ended in Dec. 2023 was $-66.0 Mil.

StealthGas Change In Receivables Historical Data

The historical data trend for StealthGas'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.

* Premium members only.

StealthGas Change In Receivables Chart

StealthGas Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

Get a 7-Day Free Trial

-2.81

1.07

-0.92

-3.18

0.24

StealthGas 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															-1.36	1.80	-1.45	0.65	-0.76

StealthGas 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 $0.2 Mil.

StealthGas (NAS:GASS) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	4.507	/	34.139	*	91
=	12.05

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

StealthGas'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)
=	77.203	-	147.547	+	0.75 * 4.507	+	0.5 * 1.98
=	-66.0

StealthGas Change In Receivables Related Terms

Thank you for viewing the detailed overview of StealthGas's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

StealthGas (StealthGas) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » StealthGas Inc (NAS:GASS) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

S6W:Germany S6W:Germany

Address

331 Kifissias Avenue, Erithrea, Athens, GRC, 14561

Website

https://www.stealthgas.com

StealthGas Inc is an international shipping transportation company. It owns liquefied petroleum gas (LPG) pressurized carriers and provides international seaborne transportation services to LPG producers and users, as well as crude oil and product carriers to oil producers, refineries and commodities traders worldwide. The company carriers carry various petroleum gas products in liquefied forms, such as propane, butane, butadiene, isopropane, propylene, and vinyl chloride monomer, which are all byproducts of the production of crude oil and natural gas.

Executives

Glendon Opportunities Fund, L.p.	10 percent owner	MAPLES CORPORATE SERVICES LTD., UGLAND HOUSE, SOUTH CHURCH STREET, GRAND CAYMAN E9 KY1-1104
Glendon Capital Management Lp	10 percent owner	2425 OLYMPIC BLVD, SUITE 500E, SANTA MONICA CA 90404