DSG (Diamond S Shipping Group) Change In Receivables: $-3.79 Mil (TTM As of Mar. 2013)

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What is Diamond S Shipping Group Change In Receivables?

Diamond S Shipping Group DSG Change In Receivables is $-3.79 Mil as of Mar. 2013. The stock has 1 warning sign investors should review.

Diamond S Shipping Group's change in receivables for the quarter that ended in Mar. 2013 was $-3.79 Mil. It means Diamond S Shipping Group's Accounts Receivable increased by $3.79 Mil from Mar. 2012 to Mar. 2013 .

Diamond S Shipping Group's change in receivables for the fiscal year that ended in Mar. 2013 was $-3.79 Mil. It means Diamond S Shipping Group's Accounts Receivable increased by $3.79 Mil from Mar. 2012 to Mar. 2013 .

Diamond S Shipping Group's Accounts Receivable for the quarter that ended in Mar. 2013 was $5.29 Mil.

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 Receivable are being managed. Diamond S Shipping Group's Days Sales Outstanding for the six months ended in Mar. 2013 was 5.48.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Diamond S Shipping Group's liquidation value for the six months ended in Mar. 2013 was $-629.58 Mil.

Diamond S Shipping Group  (NYSE:DSG) Change In Receivables 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 Receivable are being managed.

Diamond S Shipping Group's Days Sales Outstanding for the quarter that ended in Mar. 2013 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=5.285/175.874*91
=5.48

2. In Ben Graham's calculation of liquidation value, Diamond S Shipping Group's accounts receivable are only considered to be worth 75% of book value:

Diamond S Shipping Group's liquidation value for the quarter that ended in Mar. 2013 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=38.772-675.548+0.75 * 5.285+0.5 * 6.466
=-629.58

* 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.

Diamond S Shipping Group Change In Receivables Related Terms

Diamond S Shipping Group Change In Receivables Historical Data

* Premium members only.

The historical data trend for Diamond S Shipping Group's Change In Receivables 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.

Diamond S Shipping Group Change In Receivables Chart

Diamond S Shipping Group Annual Data
Trend Mar12 Mar13
Change In Receivables
-1.72 -3.79

Diamond S Shipping Group Semi-Annual Data
Mar12 Mar13
Change In Receivables -1.72 -3.79

Diamond S Shipping Group Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Change In Receivables for the trailing twelve months (TTM) ended in Mar. 2013 was $-3.79 Mil.

* 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.

Frequently Asked Questions Learn more about Change In Receivables →
What does a Change In Receivables of $-3.79 Mil mean?
Diamond S Shipping Group (DSG) has a Change In Receivables of $-3.79 Mil as of Mar. 2013. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Diamond S Shipping Group and its competitors.
Is Diamond S Shipping Group's Change In Receivables too high?
Diamond S Shipping Group's current Change In Receivables is $-3.79 Mil.
How does Diamond S Shipping Group's Change In Receivables compare to PRGNF and TEUFF?
Diamond S Shipping Group's Change In Receivables of $-3.79 Mil can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Receivables for a Transportation company?
A good Change In Receivables depends on the Transportation industry context. However, Change In Receivables should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Receivables mean?
A high Change In Receivables can signal that a stock is expensive relative to its fundamentals. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Diamond S Shipping Group and its competitors. Diamond S Shipping Group's current Change In Receivables is $-3.79 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Diamond S Shipping Group stock overvalued right now?
Diamond S Shipping Group (DSG) has a current Change In Receivables of $-3.79 Mil. The current Change In Receivables is $-3.79 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Receivables calculated?
Change In Receivables is calculated from a company's financial statements. For Diamond S Shipping Group (DSG), the current Change In Receivables is $-3.79 Mil as of Mar. 2013. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Diamond S Shipping Group Business Description

Diamond S Shipping Group Inc, is incorporated in Marshall Islands on July 31, 2013. The Company provides seaborne transportation of refined petroleum and other products in the international shipping markets. The Company is the owners and operators of medium range, or MR, product tankers. The Company's fleet currently consists of 33 MR product tankers built at Korean and Japanese shipyards. The Company competes on basis of price, vessel location, size, age and condition of the vessel. The Company is subject to various international conventions, national, state and local laws and regulations in the countries in which its vessels may operate or are registered.