Tsakos Energy Navigation (LTS:0UED) Days Sales Outstanding

: 19.35 (As of Dec. 2023)

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Tsakos Energy Navigation's average Accounts Receivable for the three months ended in Dec. 2023 was $46.7 Mil. Tsakos Energy Navigation's Revenue for the three months ended in Dec. 2023 was $220.2 Mil. Hence, Tsakos Energy Navigation's Days Sales Outstanding for the three months ended in Dec. 2023 was 19.35.

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

LTS:0UED' s Days Sales Outstanding Range Over the Past 10 Years
Min: 18.59 Med: 23.1 Max: 31.71
Current: 22.22

During the past 13 years, Tsakos Energy Navigation's highest Days Sales Outstanding was 31.71. The lowest was 18.59. And the median was 23.10.

LTS:0UED's Days Sales Outstanding is ranked better than
84.23% of 932 companies
in the Oil & Gas industry
Industry Median: 48.81 vs LTS:0UED: 22.22

Tsakos Energy Navigation's Days Sales Outstanding declined from Dec. 2022 (26.40) to Dec. 2023 (19.35).

Tsakos Energy Navigation Days Sales Outstanding Historical Data

The historical data trend for Tsakos Energy Navigation'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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Tsakos Energy Navigation Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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23.12

18.59

18.68

23.08

25.62

Tsakos Energy Navigation 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															26.40	27.32	15.49	18.38	19.35

Competitive Comparison

For the Oil & Gas Midstream subindustry, Tsakos Energy Navigation'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.

Tsakos Energy Navigation Days Sales Outstanding Distribution

For the Oil & Gas industry and Energy sector, Tsakos Energy Navigation's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Tsakos Energy Navigation's Days Sales Outstanding falls into.

Tsakos Energy Navigation 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.

Tsakos Energy Navigation'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
=	( (78.198	+	46.698)	/	2 )	/	889.566	*	365
=	62.448					/	889.566	*	365
=	25.62

Tsakos Energy Navigation'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
=	( (0	+	46.698)	/	1 )	/	220.241	*	365 / 4
=	46.698					/	220.241	*	365 / 4
=	19.35

Tsakos Energy Navigation (LTS:0UED) Days Sales Outstanding Explanation

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

Tsakos Energy Navigation Days Sales Outstanding Related Terms

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Tsakos Energy Navigation (LTS:0UED) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Tsakos Energy Navigation Ltd (LTS:0UED) » Definitions » Days Sales Outstanding

Comparable Companies

NGL TK PBT OSG EE NVGS SMLP BROG GEL DLNG TSX:ENB EPD ET WMB OKE MPLX TSX:TRP KMI LNG TRGP

Traded in Other Exchanges

TNPpF.PFD:USA TNPpE.PFD:USA TNP:USA TK41:Germany

Address

367 Syngrou Avenue, Ktirio Macedonia, P.O Box 79141, Palaio Faliro, Athens, GRC, 175 64

Website

https://www.tenn.gr

Tsakos Energy Navigation Ltd is a seaborne transportation service provider for crude oil and petroleum products. The company's carriers cater to national and international independent oil companies and refiners. It generates revenue through charter contracts with its clients, which include time, bareboat, and voyage charters, contracts of affreightment, and pool arrangements.

Tsakos Energy Navigation (LTS:0UED) Headlines

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