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Overseas Shipholding Group (FRA:OV6) Receivables Turnover : 13.29 (As of Mar. 2024)


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What is Overseas Shipholding Group 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. Overseas Shipholding Group's Revenue for the three months ended in Mar. 2024 was €108.1 Mil. Overseas Shipholding Group's average Accounts Receivable for the three months ended in Mar. 2024 was €8.1 Mil. Hence, Overseas Shipholding Group's Receivables Turnover for the three months ended in Mar. 2024 was 13.29.


Overseas Shipholding Group Receivables Turnover Historical Data

The historical data trend for Overseas Shipholding 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.

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Overseas Shipholding Group Receivables Turnover Chart

Overseas Shipholding Group 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 75.38 80.80 42.90 50.55 43.11

Overseas Shipholding Group 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 14.77 21.49 30.07 13.37 13.29

Competitive Comparison of Overseas Shipholding Group's Receivables Turnover

For the Oil & Gas Midstream subindustry, Overseas Shipholding 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.


Overseas Shipholding Group's Receivables Turnover Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Overseas Shipholding Group's Receivables Turnover falls into.



Overseas Shipholding Group Receivables Turnover Calculation

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

Overseas Shipholding Group'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 )
=414.366 / ((7.867 + 11.358) / 2 )
=414.366 / 9.6125
=43.11

Overseas Shipholding Group'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 )
=108.097 / ((11.358 + 4.907) / 2 )
=108.097 / 8.1325
=13.29

* 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.


Overseas Shipholding Group  (FRA:OV6) 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.


Overseas Shipholding Group Receivables Turnover Related Terms

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Overseas Shipholding Group Business Description

Traded in Other Exchanges
Address
302 Knights Run Avenue, Tampa, FL, USA, 33602
Overseas Shipholding Group Inc is a tanker company which owns and operates a fleet of oceangoing vessels. It provides energy transportation services, delivering crude oil and petroleum products in the U.S. The company owns and operates a combined fleet of approximately 21 vessels registered in the United States. The company operates in the segment of the U.S. Flag Fleet. Majority of the company's revenue is generated in the form of time charters.

Overseas Shipholding Group Headlines

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