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2020 Bulkers (OSL:2020) Receivables Turnover : 10.66 (As of Mar. 2024)


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What is 2020 Bulkers 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. 2020 Bulkers's Revenue for the three months ended in Mar. 2024 was kr209.1 Mil. 2020 Bulkers's average Accounts Receivable for the three months ended in Mar. 2024 was kr19.6 Mil. Hence, 2020 Bulkers's Receivables Turnover for the three months ended in Mar. 2024 was 10.66.


2020 Bulkers Receivables Turnover Historical Data

The historical data trend for 2020 Bulkers'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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2020 Bulkers Receivables Turnover Chart

2020 Bulkers Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial 10.11 63.81 153.61 50.43 47.09

2020 Bulkers 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 8.52 19.99 14.15 24.34 10.66

Competitive Comparison of 2020 Bulkers's Receivables Turnover

For the Marine Shipping subindustry, 2020 Bulkers'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.


2020 Bulkers's Receivables Turnover Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, 2020 Bulkers's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where 2020 Bulkers's Receivables Turnover falls into.



2020 Bulkers Receivables Turnover Calculation

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

2020 Bulkers'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 )
=735.293 / ((21.736 + 9.494) / 2 )
=735.293 / 15.615
=47.09

2020 Bulkers'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 )
=209.058 / ((9.494 + 29.714) / 2 )
=209.058 / 19.604
=10.66

* 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.


2020 Bulkers  (OSL:2020) 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.


2020 Bulkers Receivables Turnover Related Terms

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2020 Bulkers (OSL:2020) Business Description

Traded in Other Exchanges
Address
Tjuvholmen alle 3, 9th floor, Oslo, NOR, 0252
2020 Bulkers Ltd is an owner and operator of large dry bulk vessels. The Company has eight Newcastlemax dry bulk vessels in operation.

2020 Bulkers (OSL:2020) Headlines

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