Safe Bulkers (Safe Bulkers) Days Sales Outstanding : 9.74 (As of Dec. 2023)

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What is Safe Bulkers Days Sales Outstanding?

Safe Bulkers's average Accounts Receivable for the three months ended in Dec. 2023 was $8.8 Mil. Safe Bulkers's Revenue for the three months ended in Dec. 2023 was $82.3 Mil. Hence, Safe Bulkers's Days Sales Outstanding for the three months ended in Dec. 2023 was 9.74.

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

SB' s Days Sales Outstanding Range Over the Past 10 Years
Min: 7.19 Med: 17.26 Max: 24.56
Current: 9.79

During the past 13 years, Safe Bulkers's highest Days Sales Outstanding was 24.56. The lowest was 7.19. And the median was 17.26.

SB's Days Sales Outstanding is ranked better than
91.82% of 966 companies
in the Transportation industry
Industry Median: 45.73 vs SB: 9.79

Safe Bulkers's Days Sales Outstanding increased from Dec. 2022 (6.82) to Dec. 2023 (9.74).

Safe Bulkers Days Sales Outstanding Historical Data

The historical data trend for Safe Bulkers'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.

Safe Bulkers Days Sales Outstanding Chart

Safe Bulkers Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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24.46

18.64

7.19

7.60

9.79

Safe Bulkers 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															6.82	8.84	-	-	9.74

Competitive Comparison of Safe Bulkers's Days Sales Outstanding

For the Marine Shipping subindustry, Safe Bulkers'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.

Safe Bulkers's Days Sales Outstanding Distribution in the Transportation Industry

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

* The bar in red indicates where Safe Bulkers's Days Sales Outstanding falls into.

Safe Bulkers 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.

Safe Bulkers'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
=	( (6.475	+	8.786)	/	2 )	/	284.401	*	365
=	7.6305					/	284.401	*	365
=	9.79

Safe Bulkers'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	+	8.786)	/	1 )	/	82.289	*	365 / 4
=	8.786					/	82.289	*	365 / 4
=	9.74

Safe Bulkers (NYSE:SB) Days Sales Outstanding Explanation

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

Safe Bulkers Days Sales Outstanding Related Terms

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Safe Bulkers (Safe Bulkers) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Safe Bulkers Inc (NYSE:SB) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

SBpD.PFD:USA SBpC.PFD:USA SBL:Germany

Address

6, Avenue des Citronniers, Apt. D11, Les Acanthes, Monaco City, MCO, MC98000

Website

https://www.safebulkers.com

Safe Bulkers Inc is an international provider of marine drybulk transportation services, transporting bulk cargoes, particularly coal, grain and iron ore, along international shipping routes for consumers of marine drybulk transportation services. The company employs its vessels on both period time charters and spot time charters, according to the assessment of market conditions, with consumers of marine drybulk transportation services.