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Euroseas (NAS:ESEA) Days Sales Outstanding

: 2.40 (As of Mar. 2023)
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Euroseas's average Accounts Receivable for the three months ended in Mar. 2023 was $1.1 Mil. Euroseas's Revenue for the three months ended in Mar. 2023 was $41.9 Mil. Hence, Euroseas's Days Sales Outstanding for the three months ended in Mar. 2023 was 2.40.

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

ESEA' s Days Sales Outstanding Range Over the Past 10 Years
Min: 1.85   Med: 12.59   Max: 25.23
Current: 1.83

During the past 13 years, Euroseas's highest Days Sales Outstanding was 25.23. The lowest was 1.85. And the median was 12.59.

ESEA's Days Sales Outstanding is ranked better than
99.14% of 929 companies
in the Transportation industry
Industry Median: 44.89 vs ESEA: 1.83

Euroseas's Days Sales Outstanding declined from Mar. 2022 (2.56) to Mar. 2023 (2.40).


Euroseas Days Sales Outstanding Historical Data

The historical data trend for Euroseas'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.

* Premium members only.

Euroseas Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Sales Outstanding
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.78 7.63 9.34 6.39 1.85

Euroseas Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Days Sales Outstanding Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.56 1.61 1.01 1.23 2.40

Competitive Comparison

For the Marine Shipping subindustry, Euroseas'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.

   

Euroseas Days Sales Outstanding Distribution

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

* The bar in red indicates where Euroseas's Days Sales Outstanding falls in comparison to its industry or sector. The grey bar indicates the Days Sales Outstanding's extreme value range as defined by GuruFocus.



Euroseas 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.

Euroseas'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
=( (1.275 + 0.573) / 2 ) / 182.694*365
=0.924 / 182.694*365
=1.85

Euroseas's Days Sales Outstanding for the quarter that ended in Mar. 2023 is calculated as:

Days Sales Outstanding (Q: Mar. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Mar. 2023 )) / count ) / Revenue (A: Mar. 2023 )*Days in Period
=( (0.573 + 1.631) / 2 ) / 41.937*365 / 4
=1.102 / 41.937*365 / 4
=2.40

* 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.


Euroseas  (NAS:ESEA) Days Sales Outstanding Explanation

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


Euroseas Days Sales Outstanding Related Terms

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Euroseas (NAS:ESEA) Business Description

Euroseas logo
Traded in Other Exchanges
Address
4 Messogiou and Evropis Street, Maroussi, GRC, 151 24
Euroseas Ltd is a shipping company. Its fleet consists of containerships that transport container boxes providing scheduled service between ports. Its operations are managed by an affiliated ship management company, which is responsible for the day-to-day commercial and technical management and operations of the vessels. The company employs its vessels on spot and period charters and through pool arrangements.

Euroseas (NAS:ESEA) Headlines

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