Algoma Central (Algoma Central) Days Sales Outstanding

: 25.93 (As of Dec. 2023)

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Algoma Central's average Accounts Receivable for the three months ended in Dec. 2023 was $42.6 Mil. Algoma Central's Revenue for the three months ended in Dec. 2023 was $150.1 Mil. Hence, Algoma Central's Days Sales Outstanding for the three months ended in Dec. 2023 was 25.93.

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

AGMJF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 22.38 Med: 37.23 Max: 41.39
Current: 27.88

During the past 13 years, Algoma Central's highest Days Sales Outstanding was 41.39. The lowest was 22.38. And the median was 37.23.

AGMJF's Days Sales Outstanding is ranked better than
74.07% of 968 companies
in the Transportation industry
Industry Median: 45.73 vs AGMJF: 27.88

Algoma Central's Days Sales Outstanding declined from Dec. 2022 (26.01) to Dec. 2023 (25.93).

Algoma Central Days Sales Outstanding Historical Data

The historical data trend for Algoma Central'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.

Algoma Central Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

35.04

29.63

23.22

22.98

22.82

Algoma Central 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																26.01	38.68	25.32	30.65	25.93

Competitive Comparison

For the Marine Shipping subindustry, Algoma Central'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.

Algoma Central Days Sales Outstanding Distribution

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

* The bar in red indicates where Algoma Central's Days Sales Outstanding falls into.

Algoma Central 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.

Algoma Central'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
=	( (34.389	+	32.827)	/	2 )	/	537.582	*	365
=	33.608					/	537.582	*	365
=	22.82

Algoma Central'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
=	( (52.458	+	32.827)	/	2 )	/	150.061	*	365 / 4
=	42.6425					/	150.061	*	365 / 4
=	25.93

Algoma Central (OTCPK:AGMJF) Days Sales Outstanding Explanation

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

Algoma Central Days Sales Outstanding Related Terms

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Algoma Central (Algoma Central) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Algoma Central Corp (OTCPK:AGMJF) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

ACH:Germany ALC:Canada

Address

63 Church Street, Suite 600, St. Catharines, ON, CAN, L2R 3C4

Website

https://www.algonet.com

Algoma Central Corp owns and operates a fleet of dry and liquid bulk carriers operating on the Great Lakes, St. Lawrence Waterway. The company's Canadian flag fleet consists of self-unloading dry-bulk carriers, gearless dry-bulk carriers, and product tankers. The company operates its business through six segments that are Domestic Dry-Bulk, Product Tankers, Ocean Self-Unloaders, Corporate, Investment Properties, and Global Short Sea Shipping. The company earns revenues from marine operations through contracts of affreightment, time charters, and pool revenue.