Navios Maritime Partners LP (Navios Maritime Partners LP) Days Sales Outstanding

: 11.23 (As of Dec. 2023)

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Navios Maritime Partners LP's average Accounts Receivable for the three months ended in Dec. 2023 was $40 Mil. Navios Maritime Partners LP's Revenue for the three months ended in Dec. 2023 was $327 Mil. Hence, Navios Maritime Partners LP's Days Sales Outstanding for the three months ended in Dec. 2023 was 11.23.

The historical rank and industry rank for Navios Maritime Partners LP's Days Sales Outstanding or its related term are showing as below:

NMM' s Days Sales Outstanding Range Over the Past 10 Years
Min: 10.43 Med: 18.6 Max: 23.74
Current: 12.88

During the past 13 years, Navios Maritime Partners LP's highest Days Sales Outstanding was 23.74. The lowest was 10.43. And the median was 18.60.

NMM's Days Sales Outstanding is ranked better than
88.85% of 969 companies
in the Transportation industry
Industry Median: 45.48 vs NMM: 12.88

Navios Maritime Partners LP's Days Sales Outstanding declined from Dec. 2022 (15.40) to Dec. 2023 (11.23).

Navios Maritime Partners LP Days Sales Outstanding Historical Data

The historical data trend for Navios Maritime Partners LP'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.

* Premium members only.

Navios Maritime Partners LP Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

21.40

22.74

10.43

14.90

16.38

Navios Maritime Partners LP Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding																15.40	17.48	9.86	9.85	11.23

Competitive Comparison

For the Marine Shipping subindustry, Navios Maritime Partners LP'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.

Navios Maritime Partners LP Days Sales Outstanding Distribution

For the Transportation industry and Industrials sector, Navios Maritime Partners LP's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Navios Maritime Partners LP's Days Sales Outstanding falls into.

Navios Maritime Partners LP 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.

Navios Maritime Partners LP'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
=	( (75.03	+	42.237)	/	2 )	/	1306.889	*	365
=	58.6335					/	1306.889	*	365
=	16.38

Navios Maritime Partners LP'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
=	( (38.333	+	42.237)	/	2 )	/	327.253	*	365 / 4
=	40.285					/	327.253	*	365 / 4
=	11.23

Navios Maritime Partners LP (NYSE:NMM) Days Sales Outstanding Explanation

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

Navios Maritime Partners LP Days Sales Outstanding Related Terms

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Navios Maritime Partners LP (Navios Maritime Partners LP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Navios Maritime Partners LP (NYSE:NMM) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

7 Avenue de Grande Bretagne, Office 11B2, Monte Carlo, MCO, MC 98000

Website

https://www.navios-mlp.com

Navios Maritime Partners LP is a seaborne shipping company. It owns and operates dry cargo and container vessels with the primary long-term and staggered expiration charters. The firm's fleet consists of Ultra- Handymax, Panamax, Capsize, and Container vessels and categorized in Drybulk and Container vessels. It earns revenue through chartering of vessels, voyage contracts. Geographically, it generates majority revenue from Asia.