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Seacor Marine Holdings (Seacor Marine Holdings) Accounts Receivable : $58.3 Mil (As of Mar. 2024)


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What is Seacor Marine Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Seacor Marine Holdings's accounts receivables for the quarter that ended in Mar. 2024 was $58.3 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Seacor Marine Holdings's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 84.71.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Seacor Marine Holdings's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-10.57.


Seacor Marine Holdings Accounts Receivable Historical Data

The historical data trend for Seacor Marine Holdings's Accounts Receivable 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.

Seacor Marine Holdings Accounts Receivable Chart

Seacor Marine Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only 43.05 45.33 55.54 54.39 63.73

Seacor Marine Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 60.11 60.02 63.25 63.73 58.27

Seacor Marine Holdings Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


Seacor Marine Holdings Accounts Receivable 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 receivables are being managed.

Seacor Marine Holdings's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=58.272/62.77*91
=84.71

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Seacor Marine Holdings's accounts receivable are only considered to be worth 75% of book value:

Seacor Marine Holdings's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(59.593+0.75 * 58.272+0.5 * 2.516-395.98
-0-0.321)/27.602
=-10.57

* 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.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


Seacor Marine Holdings Accounts Receivable Related Terms

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Seacor Marine Holdings (Seacor Marine Holdings) Business Description

Traded in Other Exchanges
Address
12121 Wickchester Lane, Suite 500, Houston, TX, USA, 77079
Seacor Marine Holdings Inc provides global marine and support transportation services to offshore energy facilities worldwide. The company operates and manages a diverse fleet of offshore support vessels that deliver cargo and personnel to offshore installations including wind farms; handle anchors and mooring equipment required to tether rigs to the seabed; tow rigs and assist in placing them on location and moving them between regions; provide construction, well work-over, maintenance and decommissioning support and carry and launch equipment used underwater in drilling and well installation, maintenance, inspection and repair. Its geographical segment includes the United States, primarily Gulf of Mexico; Africa and Europe, continuing operations; Middle East and Asia and Latin America.
Executives
Julie Persily director 399 PARK AVENUE, 39TH FLOOR, NEW YORK NY 10022
Robert Christopher Regan director 318 MT. HOLLY ROAD, KATONAH NY 10536
Jesus Llorca officer: EVP & CFO C/O SEACOR MARINE HOLDINGS INC., 12121 WICKCHESTER LANE, SUITE 500, HOUSTON TX 77079
Everett Andrew H Ii officer: Sr. VP, General Counsel & Secy C/O SEACOR MARINE HOLDINGS INC., 12121 WICKCHESTER LANE, SUITE 500, HOUSTON TX 77079
Gregory Scott Rossmiller officer: SVP & CAO 5643 WILLERS WAY, HOUSTON TX 77056
Charles Fabrikant director C/O SEACOR HOLDINGS INC., 2200 ELLER DRIVE, PO BOX 13038, FORT LAUDERDALE FL 33316
Robert D. Abendschein director SEACOR MARINE HOLDINGS INC., 7910 MAIN STREET, 2ND FLOOR, HOUMA LA 70360
John M Gellert director, officer: President and CEO C/O SEACOR HOLDINGS, 460 PARK AVENUE, NEW YORK NY 10022
Anthony Weller officer: SVP/Managing Dir-Int'l Div C/O SEACOR MARINE HOLDINGS, 7910 MAIN STREET, 2ND FLOOR, HOUMA LA 70360
Bejos Alfredo Miguel director C/O SEACOR MARINE HOLDINGS INC., 12121 WICKCHESTER LANE, SUITE 500, HOUSTON TX 77079
Andrew R Morse director 34 PLEASANT RIDGE RD, HARRISON NY 10528
Robert Clemons officer: EVP & COO C/O SEACOR MARINE HOLDINGS INC., 7910 MAIN STREET, 2ND FLOOR, HOUMA LA 70360
Matthew Cenac officer: Executive Vice President & CFO C/O SEACOR HOLDINGS INC., 2200 ELLER DRIVE, PO BOX 13038, FORT LAUDERDALE FL 33316
Clyde Camburn officer: Senior VP and CAO C/O SEACOR MARINE HOLDINGS INC., 7910 MAIN STREET, 2ND FLOOR, HOUMA LA 70360
Ferris Hussein director C/O SEACOR MARINE HOLDINGS INC., 7910 MAIN STREET, 2NS FLOOR, HOUMA LA 70360