SFL (SFL) Days Sales Outstanding

: 16.55 (As of Dec. 2023)

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SFL's average Accounts Receivable for the three months ended in Dec. 2023 was $38.0 Mil. SFL's Revenue for the three months ended in Dec. 2023 was $209.6 Mil. Hence, SFL's Days Sales Outstanding for the three months ended in Dec. 2023 was 16.55.

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

SFL' s Days Sales Outstanding Range Over the Past 10 Years
Min: 2.38 Med: 6.4 Max: 15.81
Current: 15.81

During the past 13 years, SFL's highest Days Sales Outstanding was 15.81. The lowest was 2.38. And the median was 6.40.

SFL's Days Sales Outstanding is ranked better than
86.78% of 968 companies
in the Transportation industry
Industry Median: 45.73 vs SFL: 15.81

SFL's Days Sales Outstanding increased from Dec. 2022 (9.39) to Dec. 2023 (16.55).

SFL Days Sales Outstanding Historical Data

The historical data trend for SFL'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.

SFL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

3.01

4.36

6.33

8.48

14.85

SFL 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																9.39	10.53	19.03	15.40	16.55

Competitive Comparison

For the Marine Shipping subindustry, SFL'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.

SFL Days Sales Outstanding Distribution

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

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

SFL 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.

SFL'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
=	( (20.003	+	41.19)	/	2 )	/	752.286	*	365
=	30.5965					/	752.286	*	365
=	14.85

SFL'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
=	( (34.846	+	41.19)	/	2 )	/	209.573	*	365 / 4
=	38.018					/	209.573	*	365 / 4
=	16.55

SFL (NYSE:SFL) Days Sales Outstanding Explanation

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

SFL Days Sales Outstanding Related Terms

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SFL (SFL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » SFL Corp Ltd (NYSE:SFL) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

UG6:Germany UG6:Germany

Address

14 Par-la-Ville Road, Par-la-Ville Place, P.O. Box HM 1593, Hamilton, BMU, HM 08

Website

https://www.sflcorp.com

SFL Corp Ltd is an international ship owning and chartering company. The company is engaged primarily in the ownership and operation of vessels and offshore related assets and is also involved in the charter, purchase, and sale of assets. Its oil tankers, chemical tankers, and oil product tankers are all double-hull vessels.