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Himalaya Shipping (OSTO:HSHIPO) Change In Receivables : kr-42.2 Mil (TTM As of Mar. 2024)


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What is Himalaya Shipping Change In Receivables?

Himalaya Shipping's change in receivables for the quarter that ended in Mar. 2024 was kr-5.1 Mil. It means Himalaya Shipping's Accounts Receivable increased by kr5.1 Mil from Dec. 2023 to Mar. 2024 .

Himalaya Shipping's change in receivables for the fiscal year that ended in Dec. 2023 was kr-37.0 Mil. It means Himalaya Shipping's Accounts Receivable increased by kr37.0 Mil from Dec. 2022 to Dec. 2023 .

Himalaya Shipping's Accounts Receivable for the quarter that ended in Mar. 2024 was kr13.7 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. Himalaya Shipping's Days Sales Outstanding for the three months ended in Mar. 2024 was 5.01.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Himalaya Shipping's liquidation value for the three months ended in Mar. 2024 was kr-6,009.8 Mil.


Himalaya Shipping Change In Receivables Historical Data

The historical data trend for Himalaya Shipping'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.

* Premium members only.

Himalaya Shipping Change In Receivables Chart

Himalaya Shipping Annual Data
Trend Dec21 Dec22 Dec23
Change In Receivables
- - -37.00

Himalaya Shipping Quarterly Data
Jun21 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.31 -3.24 -1.28 -32.57 -5.13

Himalaya Shipping 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.

Change In Receivables for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-42.2 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.


Himalaya Shipping  (OSTO:HSHIPO) 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.

Himalaya Shipping's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=13.743/250.244*91
=5.01

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

Himalaya Shipping's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=273.017-6298.494+0.75 * 13.743+0.5 * 10.708
=-6,009.8

* 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.


Himalaya Shipping Change In Receivables Related Terms

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Himalaya Shipping (OSTO:HSHIPO) Business Description

Traded in Other Exchanges
Address
19 Par-la-Ville Road, 1st Floor, Hamilton, BMU, HM 11
Himalaya Shipping Ltd is an independent dry bulk company that focuses on owning and operating its Newcastlemax dry bulk carriers.

Himalaya Shipping (OSTO:HSHIPO) Headlines

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