GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » International Seaways Inc (FRA:IS5) » Definitions » Receivables Turnover

International Seaways (FRA:IS5) Receivables Turnover : 29.62 (As of Mar. 2024)


View and export this data going back to 2018. Start your Free Trial

What is International Seaways 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. International Seaways's Revenue for the three months ended in Mar. 2024 was €252.4 Mil. International Seaways's average Accounts Receivable for the three months ended in Mar. 2024 was €8.5 Mil. Hence, International Seaways's Receivables Turnover for the three months ended in Mar. 2024 was 29.62.


International Seaways Receivables Turnover Historical Data

The historical data trend for International Seaways'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.

International Seaways Receivables Turnover Chart

International Seaways Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.19 55.04 47.23 103.35 105.20

International Seaways Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 28.52 35.02 33.88 28.41 29.62

Competitive Comparison of International Seaways's Receivables Turnover

For the Oil & Gas Midstream subindustry, International Seaways'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.


International Seaways's Receivables Turnover Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, International Seaways's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where International Seaways's Receivables Turnover falls into.



International Seaways Receivables Turnover Calculation

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

International Seaways'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 )
=982.818 / ((9.636 + 9.048) / 2 )
=982.818 / 9.342
=105.20

International Seaways's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

Receivables Turnover (Q: Mar. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2024 ) / ((Accounts Receivable (Q: Dec. 2023 ) + Accounts Receivable (Q: Mar. 2024 )) / count )
=252.449 / ((9.048 + 7.999) / 2 )
=252.449 / 8.5235
=29.62

* 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.


International Seaways  (FRA:IS5) 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.


International Seaways Receivables Turnover Related Terms

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


International Seaways (FRA:IS5) Business Description

Traded in Other Exchanges
Address
600 Third Avenue, 39th Floor, New York, NY, USA, 10016
International Seaways Inc owns and operates a fleet of oceangoing vessels engaged primarily in the transportation of crude oil and petroleum products. The company's vessel operations are organized into two segments: Crude Tankers and Product Carriers. The fleet consists of ULCC, VLCC, Suezmax, Aframax, and Panamax crude tankers, as well as LR1, LR2, and MR product carriers.

International Seaways (FRA:IS5) Headlines

No Headlines