Dorian LPG (Dorian LPG) Change In Receivables : $-31.5 Mil (TTM As of Dec. 2023)

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What is Dorian LPG Change In Receivables?

Dorian LPG's change in receivables for the quarter that ended in Dec. 2023 was $-46.3 Mil. It means Dorian LPG's Accounts Receivable increased by $46.3 Mil from Sep. 2023 to Dec. 2023 .

Dorian LPG's change in receivables for the fiscal year that ended in Mar. 2023 was $-18.8 Mil. It means Dorian LPG's Accounts Receivable increased by $18.8 Mil from Mar. 2022 to Mar. 2023 .

Dorian LPG's Accounts Receivable for the quarter that ended in Dec. 2023 was $2.8 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. Dorian LPG's Days Sales Outstanding for the three months ended in Dec. 2023 was 1.56.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Dorian LPG's liquidation value for the three months ended in Dec. 2023 was $-624.4 Mil.

Dorian LPG Change In Receivables Historical Data

The historical data trend for Dorian LPG'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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Dorian LPG Change In Receivables Chart

Dorian LPG Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Change In Receivables

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-18.62

-25.13

11.28

0.25

-18.82

Dorian LPG 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															-31.84	9.86	0.94	4.02	-46.35

Dorian LPG 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 $-31.5 Mil.

Dorian LPG (NYSE:LPG) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	2.782	/	163.065	*	91
=	1.56

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

Dorian LPG'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)
=	208.46	-	836.277	+	0.75 * 2.782	+	0.5 * 2.573
=	-624.4

Dorian LPG Change In Receivables Related Terms

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Dorian LPG (Dorian LPG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Dorian LPG Ltd (NYSE:LPG) » Definitions » Change In Receivables

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Traded in Other Exchanges

0DA:Germany 0DA:Germany

Address

27 Signal Road, Stamford, CT, USA, 06902

Website

https://www.dorianlpg.com

Dorian LPG Ltd is an international liquefied petroleum gas shipping company focused on owning and operating gas carriers, or VLGCs. The company currently owns and operates around 22 modern VLGCs, including nineteen new fuel-efficient 84,000 cbm ECO-design VLGCs. Dorian LPG has offices in Connecticut, USA, London, United Kingdom, and Athens, Greece.

Executives

John C Hadjipateras	director, officer: Chief Executive Officer	C/O DORIAN LPG (USA) LLC, 27 SIGNAL ROAD, STAMFORD CT 06902
Christina Tan	director	1453 FAIRFIELD BEACH ROAD, FAIRFIELD CT 06824
Theodore B. Young	officer: Chief Financial Officer	C/O DORIAN LPG (USA) LLC, 27 SIGNAL ROAD, STAMFORD CT 06902
Alexander C. Hadjipateras	officer: EVP at Dorian LPG (USA) LLC	C/O DORIAN LPG (USA) LLC, 27 SIGNAL ROAD, STAMFORD CT 06902
Tim Truels Hansen	officer: Chief Commercial Officer	STRANDHOLMS ALLE 23, HVIDOVRE G7 2650
John Lycouris	director, officer: CEO of Dorian LPG (USA) LLC	C/O DORIAN LPG (USA) LLC, 27 SIGNAL ROAD, STAMFORD CT 06902
Thomas Jason Coleman	director	C/O KENSICO CAPITAL MANAGEMENT, 55 RAILROAD AVENUE, 2ND FLOOR, GREENWICH CT 06830
Marit Lunde	director	27 SIGNAL ROAD, STAMFORD CT 06902
Ted Kalborg	director	C/O TUFTON OCEANIC LIMITED, ALBEMARLE HOUSE, 1, ALBEMARLE STREET, LONDON X0 SW1 4HA
Bw Group Ltd	10 percent owner	MAPLETREE BUSINESS CITY, #18-01;, 10 PASIR PANJANG ROAD, SINGAPORE U0 117438
Bw Lpg Holding Ltd	other: Member of 10% owner group	C/O MAPLETREE BUSINESS CITY #17-02, 10 PASIR PANJANG ROAD, SINGAPORE U0 117438
Hna Investment Management Llc	10 percent owner	C/O HNA GROUP NORTH AMERICA LLC, 1180 AVENUE OF THE AMERICAS, SUITE 1910, NEW YORK NY 10036
Scorpio Tankers Inc.	10 percent owner	L'EXOTIQUE 99 BOULEVARD JARDIN EXOTIQUE, MONACO O9 98000
Family Foundation Sohmen	10 percent owner	HEILIGKREUZ 6, P O BOX 484, VADUZ N2 FL-9490
Bw Euroholdings Ltd	10 percent owner	MAPLETREE BUSINESS CITY, #18-01;, 10 PASIR PANJANG ROAD, SINGAPORE U0 117438