Okeanis Eco Tankers (Okeanis Eco Tankers) Days Sales Outstanding : 51.67 (As of Sep. 2023)

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What is Okeanis Eco Tankers Days Sales Outstanding?

Okeanis Eco Tankers's average Accounts Receivable for the three months ended in Sep. 2023 was $50.4 Mil. Okeanis Eco Tankers's Revenue for the three months ended in Sep. 2023 was $89.1 Mil. Hence, Okeanis Eco Tankers's Days Sales Outstanding for the three months ended in Sep. 2023 was 51.67.

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

ECO' s Days Sales Outstanding Range Over the Past 10 Years
Min: 21.63 Med: 26.97 Max: 37.99
Current: 34.85

During the past 5 years, Okeanis Eco Tankers's highest Days Sales Outstanding was 37.99. The lowest was 21.63. And the median was 26.97.

ECO's Days Sales Outstanding is ranked better than
64.91% of 966 companies
in the Transportation industry
Industry Median: 45.73 vs ECO: 34.85

Okeanis Eco Tankers's Days Sales Outstanding increased from Sep. 2022 (27.96) to Sep. 2023 (51.67).

Okeanis Eco Tankers Days Sales Outstanding Historical Data

The historical data trend for Okeanis Eco Tankers'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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Okeanis Eco Tankers Days Sales Outstanding Chart

Okeanis Eco Tankers Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Days Sales Outstanding

30.79

21.20

23.85

38.44

Okeanis Eco Tankers Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial															27.96	30.86	32.67	36.57	51.67

Competitive Comparison of Okeanis Eco Tankers's Days Sales Outstanding

For the Marine Shipping subindustry, Okeanis Eco Tankers'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.

Okeanis Eco Tankers's Days Sales Outstanding Distribution in the Transportation Industry

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

* The bar in red indicates where Okeanis Eco Tankers's Days Sales Outstanding falls into.

Okeanis Eco Tankers 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.

Okeanis Eco Tankers's Days Sales Outstanding for the fiscal year that ended in Dec. 2022 is calculated as

	Days Sales Outstanding (A: Dec. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )	/	Revenue (A: Dec. 2022 )	*	Days in Period
=	( (7.448	+	49.63)	/	2 )	/	270.972	*	365
=	28.539					/	270.972	*	365
=	38.44

Okeanis Eco Tankers's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding (Q: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (65.072	+	35.789)	/	2 )	/	89.066	*	365 / 4
=	50.4305					/	89.066	*	365 / 4
=	51.67

Okeanis Eco Tankers (NYSE:ECO) Days Sales Outstanding Explanation

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

Okeanis Eco Tankers Days Sales Outstanding Related Terms

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Okeanis Eco Tankers (Okeanis Eco Tankers) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Okeanis Eco Tankers Corp (NYSE:ECO) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

OETo:Sweden OET:Norway OETo:UK 7OK:Germany 7OK:Germany

Address

Ethnarchou Makariou av, & 2 D. Falireos street, Neo Faliro, Piraeus, GRC, 18547

Website

https://www.okeanisecotankers.com

Okeanis Eco Tankers Corp owns and operates tanker vessels in Greece. The business of the company is to own, charter out, and operate tanker vessels. The company owns, through its vessel-owning subsidiaries, a fleet of around seven tanker vessels and has around eight tanker vessels on order. The sailing fleet consists of around six modern Suezmax tankers, and eight VLCC tankers.