Diamond S Shipping Group (Diamond S Shipping Group) Change In Receivables : $-3.79 Mil (TTM As of Mar. 2013)

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What is Diamond S Shipping Group Change In Receivables?

Diamond S Shipping Group's change in receivables for the quarter that ended in Mar. 2013 was $-3.79 Mil. It means Diamond S Shipping Group's Accounts Receivable increased by $3.79 Mil from Mar. 2012 to Mar. 2013 .

Diamond S Shipping Group's change in receivables for the fiscal year that ended in Mar. 2013 was $-3.79 Mil. It means Diamond S Shipping Group's Accounts Receivable increased by $3.79 Mil from Mar. 2012 to Mar. 2013 .

Diamond S Shipping Group's Accounts Receivable for the quarter that ended in Mar. 2013 was $5.29 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. Diamond S Shipping Group's Days Sales Outstanding for the six months ended in Mar. 2013 was 5.48.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Diamond S Shipping Group's liquidation value for the six months ended in Mar. 2013 was $-629.58 Mil.

Diamond S Shipping Group Change In Receivables Historical Data

The historical data trend for Diamond S Shipping Group'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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Diamond S Shipping Group Change In Receivables Chart

Diamond S Shipping Group Annual Data

Trend

Mar12

Mar13

Change In Receivables

-1.72

-3.79

Diamond S Shipping Group Semi-Annual Data
	Mar12	Mar13
Change In Receivables	-1.72	-3.79

Diamond S Shipping Group 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Change In Receivables for the trailing twelve months (TTM) ended in Mar. 2013 was $-3.79 Mil.

Diamond S Shipping Group (NYSE:DSG) 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.

Diamond S Shipping Group's Days Sales Outstanding for the quarter that ended in Mar. 2013 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	5.285	/	175.874	*	91
=	5.48

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

Diamond S Shipping Group's liquidation value for the quarter that ended in Mar. 2013 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	38.772	-	675.548	+	0.75 * 5.285	+	0.5 * 6.466
=	-629.58

Diamond S Shipping Group Change In Receivables Related Terms

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Diamond S Shipping Group (Diamond S Shipping Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Diamond S Shipping Group Inc (NYSE:DSG) » Definitions » Change In Receivables

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Traded in Other Exchanges

N/A

Address

Website

http://www.diamondsshipping.com

Diamond S Shipping Group Inc, is incorporated in Marshall Islands on July 31, 2013. The Company provides seaborne transportation of refined petroleum and other products in the international shipping markets. The Company is the owners and operators of medium range, or MR, product tankers. The Company's fleet currently consists of 33 MR product tankers built at Korean and Japanese shipyards. The Company competes on basis of price, vessel location, size, age and condition of the vessel. The Company is subject to various international conventions, national, state and local laws and regulations in the countries in which its vessels may operate or are registered.