DHT Holdings (DHT Holdings) Days Sales Outstanding

: 41.86 (As of Dec. 2023)

View and export this data going back to 2005. Start your Free Trial

DHT Holdings's average Accounts Receivable for the three months ended in Dec. 2023 was $65.8 Mil. DHT Holdings's Revenue for the three months ended in Dec. 2023 was $143.4 Mil. Hence, DHT Holdings's Days Sales Outstanding for the three months ended in Dec. 2023 was 41.86.

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

DHT' s Days Sales Outstanding Range Over the Past 10 Years
Min: 34.39 Med: 38.82 Max: 57.32
Current: 39.44

During the past 13 years, DHT Holdings's highest Days Sales Outstanding was 57.32. The lowest was 34.39. And the median was 38.82.

DHT's Days Sales Outstanding is ranked better than
60.17% of 934 companies
in the Oil & Gas industry
Industry Median: 48.76 vs DHT: 39.44

DHT Holdings's Days Sales Outstanding increased from Dec. 2022 (29.87) to Dec. 2023 (41.86).

DHT Holdings Days Sales Outstanding Historical Data

The historical data trend for DHT Holdings'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.

DHT Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

57.32

36.42

37.27

36.10

44.05

DHT Holdings 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																29.87	39.40	33.34	39.02	41.86

Competitive Comparison

For the Oil & Gas Midstream subindustry, DHT Holdings'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.

DHT Holdings Days Sales Outstanding Distribution

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

* The bar in red indicates where DHT Holdings's Days Sales Outstanding falls into.

DHT Holdings 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.

DHT Holdings'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
=	( (59.465	+	75.848)	/	2 )	/	560.556	*	365
=	67.6565					/	560.556	*	365
=	44.05

DHT Holdings'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
=	( (55.684	+	75.848)	/	2 )	/	143.376	*	365 / 4
=	65.766					/	143.376	*	365 / 4
=	41.86

DHT Holdings (NYSE:DHT) Days Sales Outstanding Explanation

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

DHT Holdings Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of DHT Holdings's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

DHT Holdings (DHT Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » DHT Holdings Inc (NYSE:DHT) » Definitions » Days Sales Outstanding

Comparable Companies

TNK LPG GLP GEL KNTK GLNG NVGS INSW HESM NS TSX:ENB EPD ET WMB OKE MPLX TSX:TRP KMI LNG TRGP

Traded in Other Exchanges

DHT:Mexico D8EN:Germany

Address

2 Church Street, Clarendon House, Hamilton, BMU, HM 11

Website

https://www.dhtankers.com

DHT Holdings Inc is a crude oil tanker company. It is an independent crude oil tanker company. Its fleet trades internationally and consists of crude oil tankers in the VLCC. It generates revenues from time charter and spot market operations. Its fleets consist of very large crude carriers known as VLCCs that range in size from 200,000 to 320,000 deadweight tons. Geographically, DHT operates in Monaco, Oslo, Norway, and Singapore.