Globus Maritime (Globus Maritime) Change In Receivables : $0.00 Mil (TTM As of Dec. 2023)

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What is Globus Maritime Change In Receivables?

Globus Maritime's change in receivables for the quarter that ended in Dec. 2023 was $0.00 Mil. It means Globus Maritime's Accounts Receivable stayed the same from Sep. 2023 to Dec. 2023 .

Globus Maritime's change in receivables for the fiscal year that ended in Dec. 2023 was $-1.04 Mil. It means Globus Maritime's Accounts Receivable increased by $1.04 Mil from Dec. 2022 to Dec. 2023 .

Globus Maritime's Accounts Receivable for the quarter that ended in Dec. 2023 was $1.15 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. Globus Maritime's Days Sales Outstanding for the three months ended in Dec. 2023 was 14.77.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Globus Maritime's liquidation value for the three months ended in Dec. 2023 was $20.26 Mil.

Globus Maritime Change In Receivables Historical Data

The historical data trend for Globus Maritime'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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Globus Maritime Change In Receivables Chart

Globus Maritime Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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0.34

0.09

-0.85

0.89

-1.04

Globus Maritime 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															2.81	-	-	-	-

Globus Maritime 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 $0.00 Mil.

Globus Maritime (NAS:GLBS) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1.151	/	7.11	*	91
=	14.77

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

Globus Maritime'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)
=	74.202	-	55.431	+	0.75 * 1.151	+	0.5 * 1.256
=	20.26

Globus Maritime Change In Receivables Related Terms

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Globus Maritime (Globus Maritime) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Globus Maritime Ltd (NAS:GLBS) » Definitions » Change In Receivables

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0G93:Germany

Address

128 Vouliagmenis Avenue, 3rd Floor, Glyfada, Athens, GRC, 166 74

Website

http://www.globusmaritime.gr

Globus Maritime Ltd is a dry bulk shipping company that provides marine transportation services internationally. The company owns, operates, and manages a fleet of dry bulk vessels that transport iron ore, coal, grain, steel products, cement, alumina, and other dry bulk cargo. Its operations are managed by its subsidiary which also provides in-house commercial and technical management for its vessels and also offers consulting services for an affiliated ship management company. It generates maximum revenues by charging customers for the use of vessels to transport dry bulk commodities.