Golden Ocean Group (Golden Ocean Group) Change In Receivables : $0.0 Mil (TTM As of Dec. 2023)

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What is Golden Ocean Group Change In Receivables?

Golden Ocean Group's change in receivables for the quarter that ended in Dec. 2023 was $0.0 Mil. It means Golden Ocean Group's Accounts Receivable stayed the same from Sep. 2023 to Dec. 2023 .

Golden Ocean Group's change in receivables for the fiscal year that ended in Dec. 2023 was $-5.8 Mil. It means Golden Ocean Group's Accounts Receivable increased by $5.8 Mil from Dec. 2022 to Dec. 2023 .

Golden Ocean Group's Accounts Receivable for the quarter that ended in Dec. 2023 was $29.8 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. Golden Ocean Group's Days Sales Outstanding for the three months ended in Dec. 2023 was 10.70.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Golden Ocean Group's liquidation value for the three months ended in Dec. 2023 was $-1,407.9 Mil.

Golden Ocean Group Change In Receivables Historical Data

The historical data trend for Golden Ocean 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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Golden Ocean Group Change In Receivables Chart

Golden Ocean Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-23.07

26.89

-12.54

-5.15

-5.79

Golden Ocean Group 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															-	-	-	-	-

Golden Ocean 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.

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 $0.0 Mil.

Golden Ocean Group (NAS:GOGL) 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.

Golden Ocean Group's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	29.809	/	254.205	*	91
=	10.70

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

Golden Ocean Group'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)
=	116.382	-	1567.127	+	0.75 * 29.809	+	0.5 * 40.887
=	-1,407.9

Golden Ocean Group Change In Receivables Related Terms

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Golden Ocean Group (Golden Ocean Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Golden Ocean Group Ltd (NAS:GOGL) » Definitions » Change In Receivables

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Traded in Other Exchanges

GOGLo:Sweden GOGL:Norway GOGLo:UK 0RII:UK KT31:Germany

Address

14 Par-la-Ville Road, Par-la-Ville Place, Hamilton, BMU, HM 08

Website

https://www.goldenocean.bm

Golden Ocean Group Ltd is a Bermuda-based dry bulk shipping company. Its business involves the transportation of dry bulk cargo including ores, coal, grains and fertilizers through its fleet of owned and chartered vessels, bareboat vessels, commercial management vessels and new buildings are chartered-out on fixed rate time charters and index-linked time charter contracts.