Dynagas LNG Partners LP (Dynagas LNG Partners LP) Receivables Turnover : 52.12 (As of Dec. 2023)

View and export this data going back to 2013. Start your Free Trial

What is Dynagas LNG Partners LP Receivables Turnover?

The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. Dynagas LNG Partners LP's Revenue for the three months ended in Dec. 2023 was $37.0 Mil. Dynagas LNG Partners LP's average Accounts Receivable for the three months ended in Dec. 2023 was $0.7 Mil. Hence, Dynagas LNG Partners LP's Receivables Turnover for the three months ended in Dec. 2023 was 52.12.

Dynagas LNG Partners LP Receivables Turnover Historical Data

The historical data trend for Dynagas LNG Partners LP's Receivables Turnover 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.

Dynagas LNG Partners LP Receivables Turnover Chart

Dynagas LNG Partners LP Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

1,370.69

520.55

581.21

1,677.16

413.61

Dynagas LNG Partners LP Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															523.34	556.16	4.39	5.67	52.12

Competitive Comparison of Dynagas LNG Partners LP's Receivables Turnover

For the Oil & Gas Midstream subindustry, Dynagas LNG Partners LP's Receivables Turnover, along with its competitors' market caps and Receivables Turnover 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.

Dynagas LNG Partners LP's Receivables Turnover Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Dynagas LNG Partners LP's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Dynagas LNG Partners LP's Receivables Turnover falls into.

Dynagas LNG Partners LP Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

Dynagas LNG Partners LP's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Receivables Turnover (A: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2023 )	/ (	(Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )
=	160.48	/ (	(0.067	+	0.709)	/	2 )
=	160.48	/	0.388
=	413.61

Dynagas LNG Partners LP's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

	Receivables Turnover (Q: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2023 )	/ (	(Accounts Receivable (Q: Sep. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	36.95	/ (	(0	+	0.709)	/	1 )
=	36.95	/	0.709
=	52.12

Dynagas LNG Partners LP (NYSE:DLNG) Receivables Turnover Explanation

An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.

Dynagas LNG Partners LP Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Dynagas LNG Partners LP's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Dynagas LNG Partners LP (Dynagas LNG Partners LP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Dynagas LNG Partners LP (NYSE:DLNG) » Definitions » Receivables Turnover

Comparable Companies

MMLP BPT CWPE PXS IMPP BANL SNMP MARPS SMLP GPP TSX:ENB EPD WMB ET LNG OKE MPLX KMI TSX:TRP CQP

Traded in Other Exchanges

DLNGpB.PFD:USA DLNGpA.PFD:USA

Address

Poseidonos Avenue and Foivis 2 Street, 166 74 Glyfada, Athens, GRC, 98000

Website

http://www.dynagaspartners.com

Dynagas LNG Partners LP is a limited partnership company focused on owning and operating high specification and versatile LNG carriers that are employed on multi-year contracts with international energy companies, providing the benefits of stable cash flows and high utilization rates. The company defines charters of two years or more as multi-year charters. Its current LNG Carrier fleet is optimized for trading flexibility. In addition to conventional trade, part of LNG Carrier fleet is assigned with Ice Class 1A FS notation and are winterized which enables trade in subzero and ice bound conditions.