Star Bulk Carriers (Star Bulk Carriers) Days Sales Outstanding : 23.63 (As of Dec. 2023)

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What is Star Bulk Carriers Days Sales Outstanding?

Star Bulk Carriers's average Accounts Receivable for the three months ended in Dec. 2023 was $68.2 Mil. Star Bulk Carriers's Revenue for the three months ended in Dec. 2023 was $263.5 Mil. Hence, Star Bulk Carriers's Days Sales Outstanding for the three months ended in Dec. 2023 was 23.63.

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

SBLK' s Days Sales Outstanding Range Over the Past 10 Years
Min: 15.23 Med: 21.28 Max: 34.63
Current: 26.89

During the past 13 years, Star Bulk Carriers's highest Days Sales Outstanding was 34.63. The lowest was 15.23. And the median was 21.28.

SBLK's Days Sales Outstanding is ranked better than
74.64% of 966 companies
in the Transportation industry
Industry Median: 45.73 vs SBLK: 26.89

Star Bulk Carriers's Days Sales Outstanding declined from Dec. 2022 (26.01) to Dec. 2023 (23.63).

Star Bulk Carriers Days Sales Outstanding Historical Data

The historical data trend for Star Bulk Carriers'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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Star Bulk Carriers Days Sales Outstanding Chart

Star Bulk Carriers Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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21.59

25.50

15.23

20.96

29.35

Star Bulk Carriers Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															26.01	31.26	24.69	26.08	23.63

Competitive Comparison of Star Bulk Carriers's Days Sales Outstanding

For the Marine Shipping subindustry, Star Bulk Carriers'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.

Star Bulk Carriers's Days Sales Outstanding Distribution in the Transportation Industry

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

* The bar in red indicates where Star Bulk Carriers's Days Sales Outstanding falls into.

Star Bulk Carriers 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.

Star Bulk Carriers'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
=	( (84.034	+	68.624)	/	2 )	/	949.269	*	365
=	76.329					/	949.269	*	365
=	29.35

Star Bulk Carriers'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: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (67.814	+	68.624)	/	2 )	/	263.461	*	365 / 4
=	68.219					/	263.461	*	365 / 4
=	23.63

Star Bulk Carriers (NAS:SBLK) Days Sales Outstanding Explanation

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

Star Bulk Carriers Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Star Bulk Carriers's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Star Bulk Carriers (Star Bulk Carriers) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Star Bulk Carriers Corp (NAS:SBLK) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

4FAP:Germany 4FAP:Germany

Address

C/o Star Bulk Management Inc, 40 Agiou Konstantinou Street, Maroussi, Athens, GRC, 15124

Website

https://www.starbulk.com

Star Bulk Carriers Corp provides seaborne transportation solutions in the dry bulk sector. The company owns and operates dry bulk carrier vessels, which are used to transport bulk, such as iron ore, coal, grains, bauxite, fertilizers, and steel products. It owns a fleet of vessels that consists of Newcastlemax, Capesize, Post Panamax, Kamsarmax, Panamax, Panamax, and Supramax. It generates revenues through the voyages it carries out.

Executives

Ramius Advisors Llc	10 percent owner	599 LEXINGTON AVENUE, 20TH FLOOR, NEW YORK NY 10022
Rcg Enterprise Ltd	10 percent owner	599 LEXINGTON AVENUE 20TH FLOOR, NEW YORK NY 10022
Rcg Carpathia Master Fund Ltd	10 percent owner	C/O RAMIUS LLC, 599 LEXINGTON AVENUE, NEW YORK NY 10022
Rcg Baldwin Lp	10 percent owner	C/O RAMIUS LLC, 599 LEXINGTON AVENUE 20TH FLOOR, NEW YORK NY 10022
Peter A Cohen	10 percent owner, other: See Explanation of Responses	40 WEST 57TH STREET, SUITE 2020, NEW YORK NY 10019
Thomas W Strauss	10 percent owner, other: See Explanation of Responses	599 LEXINGTON AVENUE, 20TH FLOOR, NEW YORK NY 10022
Ramius Capital Group Llc	10 percent owner	599 LEXINGTON AVENUE, 20TH FLOOR, NEW YORK NY 10022
C4s & Co Llc	10 percent owner, other: See Explanation of Responses	RAMIUS LLC, 599 LEXINGTON AVENUE, NEW YORK NY 10022
Morgan B Stark	10 percent owner, other: See Explanation of Responses	C/O RAMIUS LLC, 599 LEXINGTON AVENUE 20TH FLOOR, NEW YORK NY 10022
Jeffrey M Solomon	10 percent owner, other: See Explanation of Responses	599 LEXINGTON AVENUE 20TH FLOOR, NEW YORK NY 10022