HAFN (Hafnia) Days Sales Outstanding : 76.55 (As of Dec. 2024)

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What is Hafnia Days Sales Outstanding?

Hafnia's average Accounts Receivable for the three months ended in Dec. 2024 was $447 Mil. Hafnia's Revenue for the three months ended in Dec. 2024 was $533 Mil. Hence, Hafnia's Days Sales Outstanding for the three months ended in Dec. 2024 was 76.55.

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

HAFN' s Days Sales Outstanding Range Over the Past 10 Years
Min: 32 Med: 40.16 Max: 63.5
Current: 63.5

During the past 10 years, Hafnia's highest Days Sales Outstanding was 63.50. The lowest was 32.00. And the median was 40.16.

HAFN's Days Sales Outstanding is ranked worse than
70.23% of 981 companies
in the Transportation industry
Industry Median: 44.75 vs HAFN: 63.50

Hafnia's Days Sales Outstanding increased from Dec. 2023 (70.20) to Dec. 2024 (76.55).

Hafnia Days Sales Outstanding Historical Data

The historical data trend for Hafnia'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.

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Hafnia Days Sales Outstanding Chart

Hafnia Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Sales Outstanding

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36.14

48.16

35.02

41.75

45.33

Hafnia Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Sales Outstanding	Get a 7-Day Free Trial															70.20	57.43	67.10	75.72	76.55

Competitive Comparison of Hafnia's Days Sales Outstanding

For the Marine Shipping subindustry, Hafnia'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.

Hafnia's Days Sales Outstanding Distribution in the Transportation Industry

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

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

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Hafnia 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.

Hafnia's Days Sales Outstanding for the fiscal year that ended in Dec. 2024 is calculated as

	Days Sales Outstanding (A: Dec. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Dec. 2024 ))	/	count )	/	Revenue (A: Dec. 2024 )	*	Days in Period
=	( (389.384	+	323.175)	/	2 )	/	2868.647	*	365
=	356.2795					/	2868.647	*	365
=	45.33

Hafnia's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

	Days Sales Outstanding (Q: Dec. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2024 )	+	Accounts Receivable (A: Dec. 2024 ))	/	count )	/	Revenue (A: Dec. 2024 )	*	Days in Period
=	( (570.811	+	323.175)	/	2 )	/	532.861	*	365 / 4
=	446.993					/	532.861	*	365 / 4
=	76.55

Hafnia (NYSE:HAFN) Days Sales Outstanding Explanation

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

Hafnia Days Sales Outstanding Related Terms

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Hafnia Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

HAFNIAo:Sweden HAFNI:Norway HAFNIo:UK RE0:Germany

Address

c/o Hafnia SG Pte Ltd, 10 Pasir Panjang Road, No.18-01 Mapletree Business City, Singapore, SGP, 117438

Website

https://hafnia.com

Hafnia Ltd is one of the tanker owners, transporting oil, oil products and chemicals for national and international oil companies, chemical companies, as well as trading and utility companies. As owners and operators of around 200 vessels, It offers a fully integrated shipping platform, including technical management, commercial and chartering services, pool management, and a large-scale bunker procurement desk.