Taylor Maritime (LSE:TMI) Accounts Receivable : $0.00 Mil (As of Sep. 2024)

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What is Taylor Maritime Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Taylor Maritime's accounts receivables for the quarter that ended in Sep. 2024 was $0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Taylor Maritime's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 0.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Taylor Maritime's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was $0.00.

Taylor Maritime Accounts Receivable Historical Data

The historical data trend for Taylor Maritime's Accounts Receivable 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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Taylor Maritime Accounts Receivable Chart

Taylor Maritime Annual Data

Trend

Mar22

Mar23

Mar24

Accounts Receivable

Taylor Maritime Semi-Annual Data
	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Accounts Receivable	Get a 7-Day Free Trial			-	-	-	-	-

Taylor Maritime Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.

Taylor Maritime Accounts Receivable Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of 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 receivables are being managed.

Taylor Maritime's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0	/	19.469	*	91
=	0.00

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Taylor Maritime's accounts receivable are only considered to be worth 75% of book value:

Taylor Maritime's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2024 is calculated as:

	Net-Net Working Capital Per Share
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(3.559	+	0.75 * 0	+	0.5 * 0	-	2.612
-	0	-	0)	/	328.963
=	0.00

Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.

Taylor Maritime Accounts Receivable Related Terms

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Taylor Maritime Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Taylor Maritime Ltd (LSE:TMI) » Definitions » Accounts Receivable

Traded in Other Exchanges

TMIPl:UK TMIP:UK

Address

c/o Apex Group, 1 Royal Plaza, Royal Avenue, Saint Peter Port, GGY, GY1 2HL

Website

https://www.taylormaritime.com.

Taylor Maritime Ltd is a shipping company. The company is focused on the geared dry bulk segment of the shipping sector. The company operates a high-quality fleet of Handysize and Supra/Ultramax dry bulk vessels, delivering exceptional service to the partners, built upon longstanding industry experience, passion, and commitment to continuous improvement.

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