Global Ship Lease (Global Ship Lease) Days Sales Outstanding : 2.18 (As of Dec. 2023)

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What is Global Ship Lease Days Sales Outstanding?

Global Ship Lease's average Accounts Receivable for the three months ended in Dec. 2023 was $4.24 Mil. Global Ship Lease's Revenue for the three months ended in Dec. 2023 was $177.38 Mil. Hence, Global Ship Lease's Days Sales Outstanding for the three months ended in Dec. 2023 was 2.18.

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

GSLpB.PFD' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0.12 Med: 2.32 Max: 10.86
Current: 2.06

During the past 13 years, Global Ship Lease's highest Days Sales Outstanding was 10.86. The lowest was 0.12. And the median was 2.32.

GSLpB.PFD's Days Sales Outstanding is ranked better than
99.04% of 1040 companies
in the Business Services industry
Industry Median: 58.4 vs GSLpB.PFD: 2.06

Global Ship Lease's Days Sales Outstanding declined from Dec. 2022 (2.28) to Dec. 2023 (2.18).

Global Ship Lease Days Sales Outstanding Historical Data

The historical data trend for Global Ship Lease'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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Global Ship Lease Days Sales Outstanding Chart

Global Ship Lease Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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2.97

3.16

2.61

2.08

2.31

Global Ship Lease Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															2.28	2.12	1.90	1.81	2.18

Competitive Comparison of Global Ship Lease's Days Sales Outstanding

For the Rental & Leasing Services subindustry, Global Ship Lease'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.

Global Ship Lease's Days Sales Outstanding Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Global Ship Lease's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Global Ship Lease's Days Sales Outstanding falls into.

Global Ship Lease 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.

Global Ship Lease's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

	Days Sales Outstanding (A: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (3.684	+	4.741)	/	2 )	/	666.715	*	365
=	4.2125					/	666.715	*	365
=	2.31

Global Ship Lease's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (3.737	+	4.741)	/	2 )	/	177.377	*	365 / 4
=	4.239					/	177.377	*	365 / 4
=	2.18

Global Ship Lease (NYSE:GSLpB.PFD) Days Sales Outstanding Explanation

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

Global Ship Lease Days Sales Outstanding Related Terms

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Global Ship Lease (Global Ship Lease) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Global Ship Lease Inc (NYSE:GSLpB.PFD) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

GSL:USA 37H:Germany

Address

25 Wilton Road, London, GBR, SW1V 1LW

Website

https://www.globalshiplease.com

Global Ship Lease Inc operates in the container shipping industry. The company owns and charters out containerships under long-term, fixed-rate charters to container liner companies. The majority of the company's revenues are derived from charters to MAERSK. Its fleet consisted of more than 60 containerships.