DSG (Diamond S Shipping Group) Receivables Turnover: 50.24 (As of Mar. 2013)


What is Diamond S Shipping Group Receivables Turnover?

Diamond S Shipping Group DSG Receivables Turnover is 50.24 as of Mar. 2013. The stock has 1 warning sign investors should review.

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. Diamond S Shipping Group's Revenue for the six months ended in Mar. 2013 was $175.87 Mil. Diamond S Shipping Group's average Accounts Receivable for the six months ended in Mar. 2013 was $3.50 Mil. Hence, Diamond S Shipping Group's Receivables Turnover for the six months ended in Mar. 2013 was 50.24.

Diamond S Shipping Group  (NYSE:DSG) 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.

Diamond S Shipping Group Receivables Turnover Related Terms

Diamond S Shipping Group Receivables Turnover Historical Data

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The historical data trend for Diamond S Shipping Group'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.

Diamond S Shipping Group Receivables Turnover Chart

Diamond S Shipping Group Annual Data
Trend Mar12 Mar13
Receivables Turnover
53.22 50.24

Diamond S Shipping Group Semi-Annual Data
Mar12 Mar13
Receivables Turnover 53.22 50.24

DSG vs PRGNF, TEUFF, BSTN: Receivables Turnover Comparison

For the Marine Shipping subindustry, Diamond S Shipping Group'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.

Diamond S Shipping Group Receivables Turnover vs Transportation Industry

For the Transportation industry and Industrials sector, Diamond S Shipping Group's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Diamond S Shipping Group's Receivables Turnover falls into.


Diamond S Shipping Group Receivables Turnover Calculation

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

Diamond S Shipping Group's Receivables Turnover for the fiscal year that ended in Mar. 2013 is calculated as

Receivables Turnover (A: Mar. 2013 )
=Revenue / Average Accounts Receivable
=Revenue (A: Mar. 2013 ) / ((Accounts Receivable (A: Mar. 2012 ) + Accounts Receivable (A: Mar. 2013 )) / count )
=175.874 / ((1.717 + 5.285) / 2 )
=175.874 / 3.501
=50.24

Diamond S Shipping Group's Receivables Turnover for the quarter that ended in Mar. 2013 is calculated as

Receivables Turnover (Q: Mar. 2013 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2013 ) / ((Accounts Receivable (Q: Mar. 2012 ) + Accounts Receivable (Q: Mar. 2013 )) / count )
=175.874 / ((1.717 + 5.285) / 2 )
=175.874 / 3.501
=50.24

* 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 Receivables Turnover →
What does a Receivables Turnover of 50.24 mean?
Diamond S Shipping Group (DSG) has a Receivables Turnover of 50.24 as of Mar. 2013. The accounts 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. View historical data on Diamond S Shipping Group and its competitors.
Is Diamond S Shipping Group's Receivables Turnover too high?
Diamond S Shipping Group's current Receivables Turnover is 50.24. The Transportation industry median Receivables Turnover is 7.70. Diamond S Shipping Group's value of 50.24 is 552.9% above this industry median.
How does Diamond S Shipping Group's Receivables Turnover compare to PRGNF and TEUFF?
Diamond S Shipping Group's Receivables Turnover of 50.24 can be compared against companies in the Transportation industry. The industry median Receivables Turnover is 7.70. Diamond S Shipping Group's value of 50.24 is 552.9% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for a Transportation company?
The median Receivables Turnover among Transportation companies is 7.70, based on 996 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Diamond S Shipping Group's current Receivables Turnover of 50.24 is 552.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts 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. View historical data on Diamond S Shipping Group and its competitors. For the Transportation industry, the median Receivables Turnover is 7.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Diamond S Shipping Group's current Receivables Turnover is 50.24. 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 Receivables Turnover of 50.24. The current Receivables Turnover is 50.24 and 552.9% above the Transportation industry median of 7.70. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For Diamond S Shipping Group (DSG), the current Receivables Turnover is 50.24 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.