DryShips (DryShips) Days Sales Outstanding : 32.97 (As of Jun. 2019)

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What is DryShips Days Sales Outstanding?

DryShips's average Accounts Receivable for the three months ended in Jun. 2019 was $14.6 Mil. DryShips's Revenue for the three months ended in Jun. 2019 was $40.5 Mil. Hence, DryShips's Days Sales Outstanding for the three months ended in Jun. 2019 was 32.97.

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

DRYS's Days Sales Outstanding is not ranked ^*
in the Transportation industry.
Industry Median: 45.73
* Ranked among companies with meaningful Days Sales Outstanding only.

DryShips's Days Sales Outstanding declined from Jun. 2018 (34.12) to Jun. 2019 (32.97).

DryShips Days Sales Outstanding Historical Data

The historical data trend for DryShips'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.

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DryShips Days Sales Outstanding Chart

DryShips Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Days Sales Outstanding

Get a 7-Day Free Trial

60.68

78.04

61.80

39.96

27.69

DryShips Quarterly Data
	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19
Days Sales Outstanding	Get a 7-Day Free Trial															34.12	29.35	25.40	32.56	32.97

Competitive Comparison of DryShips's Days Sales Outstanding

For the Marine Shipping subindustry, DryShips'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.

DryShips's Days Sales Outstanding Distribution in the Transportation Industry

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

* The bar in red indicates where DryShips's Days Sales Outstanding falls into.

DryShips 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.

DryShips's Days Sales Outstanding for the fiscal year that ended in Dec. 2018 is calculated as

	Days Sales Outstanding (A: Dec. 2018 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2017 )	+	Accounts Receivable (A: Dec. 2018 ))	/	count )	/	Revenue (A: Dec. 2018 )	*	Days in Period
=	( (14.526	+	13.713)	/	2 )	/	186.135	*	365
=	14.1195					/	186.135	*	365
=	27.69

DryShips's Days Sales Outstanding for the quarter that ended in Jun. 2019 is calculated as:

	Days Sales Outstanding (Q: Jun. 2019 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2019 )	+	Accounts Receivable (A: Jun. 2019 ))	/	count )	/	Revenue (A: Jun. 2019 )	*	Days in Period
=	( (17.03	+	12.236)	/	2 )	/	40.495	*	365 / 4
=	14.633					/	40.495	*	365 / 4
=	32.97

DryShips (NAS:DRYS) Days Sales Outstanding Explanation

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

DryShips Days Sales Outstanding Related Terms

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DryShips (DryShips) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » DryShips Inc (NAS:DRYS) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

c/o Dryships Management Services Inc, 109 Kifissias Avenue and Sina Street, Marousi, Athens, GRC, 151 24

Website

http://www.dryships.com

DryShips Inc is engaged in the shipping industry in the United States. The company operates as a provider of dry bulk commodities transportation services for the steel, electric utility, construction and agri-food industries. It operates through the dry bulk carrier and offshore support services divisions. Through this division, it operates as a provider of offshore support services to the offshore energy industry. The company owns a fleet of Panamax dry bulk vessels, Newcastlemax dry bulk vessels, Aframax tankers and gas carriers.