Capital Product Partners LP (Capital Product Partners LP) Days Sales Outstanding : 2.44 (As of Dec. 2023)

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What is Capital Product Partners LP Days Sales Outstanding?

Capital Product Partners LP's average Accounts Receivable for the three months ended in Dec. 2023 was $2.6 Mil. Capital Product Partners LP's Revenue for the three months ended in Dec. 2023 was $95.5 Mil. Hence, Capital Product Partners LP's Days Sales Outstanding for the three months ended in Dec. 2023 was 2.44.

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

CPLP' s Days Sales Outstanding Range Over the Past 10 Years
Min: 2.64 Med: 6.88 Max: 32.43
Current: 2.75

During the past 13 years, Capital Product Partners LP's highest Days Sales Outstanding was 32.43. The lowest was 2.64. And the median was 6.88.

CPLP's Days Sales Outstanding is ranked better than
98.65% of 966 companies
in the Transportation industry
Industry Median: 45.73 vs CPLP: 2.75

Capital Product Partners LP's Days Sales Outstanding declined from Dec. 2022 (3.06) to Dec. 2023 (2.44).

Capital Product Partners LP Days Sales Outstanding Historical Data

The historical data trend for Capital Product Partners LP'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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Capital Product Partners LP Days Sales Outstanding Chart

Capital Product Partners LP Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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31.69

7.18

8.78

4.96

2.64

Capital Product Partners LP 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															3.06	2.78	3.28	2.64	2.44

Competitive Comparison of Capital Product Partners LP's Days Sales Outstanding

For the Marine Shipping subindustry, Capital Product Partners LP'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.

Capital Product Partners LP's Days Sales Outstanding Distribution in the Transportation Industry

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

* The bar in red indicates where Capital Product Partners LP's Days Sales Outstanding falls into.

Capital Product Partners LP 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.

Capital Product Partners LP'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
=	( (2.102	+	3.117)	/	2 )	/	360.586	*	365
=	2.6095					/	360.586	*	365
=	2.64

Capital Product Partners LP'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
=	( (1.989	+	3.117)	/	2 )	/	95.509	*	365 / 4
=	2.553					/	95.509	*	365 / 4
=	2.44

Capital Product Partners LP (NAS:CPLP) Days Sales Outstanding Explanation

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

Capital Product Partners LP Days Sales Outstanding Related Terms

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Capital Product Partners LP (Capital Product Partners LP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Capital Product Partners LP (NAS:CPLP) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

3 Iassonos Street, Piraeus, GRC, 18537

Website

http://www.capitalpplp.com

Capital Product Partners LP is in the seaborne transportation of cargoes, crude oil, gasoline, diesel, fuel oil, jet fuel and edible oils and dry cargo and containerized goods. Its vessels include; suezmax crude oil tankers, medium-range product tankers, neo panamax container carriers and capsize bulk carrier. Its vessels are capable of carrying a wide range of cargoes, including crude oil, refined oil products (such as gasoline, diesel, fuel oil and jet fuel), edible oils and certain chemicals, such as ethanol, as well as dry cargo and containerized goods under short-term voyage charters and medium to long-term time and bareboat charters.