SB (Safe Bulkers) Receivables Turnover: 8.40 (As of Mar. 2026)


SB Safe Bulkers Inc SB
69 GF Score
Price $6.68
GF Value $4.54
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Safe Bulkers Receivables Turnover?

Safe Bulkers SB +4.38% 69 Receivables Turnover is 8.40 as of Mar. 2026. GuruFocus rates SB with a GF Score™ of 69/100 and a GF Value™ of $4.54 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 996 Transportation companies, Safe Bulkers ranks better than 89.36% on this metric.

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. Safe Bulkers's Revenue for the three months ended in Mar. 2026 was $74.4 Mil. Safe Bulkers's average Accounts Receivable for the three months ended in Mar. 2026 was $8.9 Mil. Hence, Safe Bulkers's Receivables Turnover for the three months ended in Mar. 2026 was 8.40.


Safe Bulkers  (NYSE:SB) 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.


Safe Bulkers Receivables Turnover Related Terms


Safe Bulkers Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Safe 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.

Safe Bulkers Receivables Turnover Chart

Safe Bulkers Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 50.75 48.05 37.27 27.80 24.84

Safe Bulkers Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 4.82 0.00 0.00 8.20 8.40

SB vs ASC, ESEA, PANL: Receivables Turnover Comparison

For the Marine Shipping subindustry, Safe 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.


Safe Bulkers Receivables Turnover vs Transportation Industry

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

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


SB
69GF Score
Safe Bulkers Inc SB
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Safe Bulkers Receivables Turnover Calculation

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

Safe Bulkers's Receivables Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Receivables Turnover (A: Dec. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2025 ) / ((Accounts Receivable (A: Dec. 2024 ) + Accounts Receivable (A: Dec. 2025 )) / count )
=275.737 / ((13.346 + 8.854) / 2 )
=275.737 / 11.1
=24.84

Safe Bulkers's Receivables Turnover for the quarter that ended in Mar. 2026 is calculated as

Receivables Turnover (Q: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2026 ) / ((Accounts Receivable (Q: Dec. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=74.39 / ((8.854 + 0) / 1 )
=74.39 / 8.854
=8.40

* 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 8.40 mean?
Safe Bulkers (SB) has a Receivables Turnover of 8.40 as of Mar. 2026. 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 Safe Bulkers and its competitors. According to the industry distribution chart, Safe Bulkers ranks #106 out of 996 companies in the Transportation industry, placing it in the top 10.6%.
Is Safe Bulkers' Receivables Turnover too high?
Safe Bulkers' current Receivables Turnover is 8.40. The Transportation industry median Receivables Turnover is 7.64. Safe Bulkers' value of 8.40 is 9.9% above this industry median. Based on the distribution chart, Safe Bulkers ranks #106 out of 996 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Safe Bulkers has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Safe Bulkers' Receivables Turnover compare to ASC and ESEA?
According to the Transportation industry distribution chart, Safe Bulkers ranks #106 out of 996 companies for Receivables Turnover. This places Safe Bulkers in the top 11% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 7.64. Safe Bulkers' value of 8.40 is 9.9% 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 7.64, 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. Safe Bulkers's current Receivables Turnover of 8.40 is 9.9% 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 Safe Bulkers and its competitors. For the Transportation industry, the median Receivables Turnover is 7.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Safe Bulkers's current Receivables Turnover is 8.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Safe Bulkers stock overvalued right now?
Based on GuruFocus' analysis, Safe Bulkers (SB) is currently considered Significantly Overvalued. The stock's GF Value™ is $4.54, compared to a current price of $6.68 — trading 47.1% above its estimated fair value. The current Receivables Turnover is 8.40 and 9.9% above the Transportation industry median of 7.64. Safe Bulkers' overall GF Score™ is 69/100 with 8 warning signs to review. 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 Safe Bulkers (SB), the current Receivables Turnover is 8.40 as of Mar. 2026. 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.

Is Safe Bulkers (SB) Overvalued in 2026?

Based on GuruFocus' analysis, Safe Bulkers stock appears to be overvalued. The current stock price of $6.68 is trading 47.1% above its estimated GF Value™ of $4.54. GuruFocus considers Safe Bulkers to be Significantly Overvalued.

Key valuation signals for SB:

  • Receivables Turnover: 8.40
  • GF Value™: $4.54 vs. price of $6.68 (47.1% above fair value)
  • GF Score™: 69/100 with 8 warning signs
  • Industry Position: 9.9% above the Transportation median (#106 of 996)

No single metric tells the full story. See the SB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Safe Bulkers Business Description

Address 6, Avenue des Citronniers, Apartment D11, Les Acanthes, Monaco City, MCO, MC98000
Safe Bulkers Inc is an international provider of marine drybulk transportation services, transporting bulk cargoes, particularly coal, grain, and iron ore, along international shipping routes for consumers of marine drybulk transportation services. The company employs its vessels on both period time charters and spot time charters, according to the assessment of market conditions, with consumers of marine drybulk transportation services. The company generates almost all of its revenue from Time Charters.
69GF Score

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Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$6.68
Price
$4.54
GF Value