SVRN (OceanPal) Receivables Turnover: 2.53 (As of Jun. 2025)


SVRN OceanPal Inc SVRN
26 GF Score
Price $8.30
! 2 Warning Signs
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What is OceanPal Receivables Turnover?

OceanPal SVRN +1.90% 26 Receivables Turnover is 2.53 as of Jun. 2025. GuruFocus rates SVRN with a GF Score™ of 26/100. The stock has 2 warning signs investors should review. Among 996 Transportation companies, OceanPal ranks worse than 74.5% 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. OceanPal's Revenue for the six months ended in Jun. 2025 was $6.16 Mil. OceanPal's average Accounts Receivable for the six months ended in Jun. 2025 was $2.43 Mil. Hence, OceanPal's Receivables Turnover for the six months ended in Jun. 2025 was 2.53.


OceanPal  (NAS:SVRN) 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.


OceanPal Receivables Turnover Related Terms


OceanPal Receivables Turnover Historical Data

* Premium members only.

The historical data trend for OceanPal'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.

OceanPal Receivables Turnover Chart

OceanPal Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial 0.00 7.54 5.25 8.53 4.60

OceanPal Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.26 3.70 3.89 2.53 4.40

SVRN vs CTRM, PSHG, VNTG: Receivables Turnover Comparison

For the Marine Shipping subindustry, OceanPal'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.


OceanPal Receivables Turnover vs Transportation Industry

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

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


SVRN
26GF Score
OceanPal Inc SVRN
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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OceanPal Receivables Turnover Calculation

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

OceanPal's Receivables Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Receivables Turnover (A: Dec. 2024 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2024 ) / ((Accounts Receivable (A: Dec. 2023 ) + Accounts Receivable (A: Dec. 2024 )) / count )
=25.702 / ((2.963 + 3.064) / 2 )
=25.702 / 3.0135
=8.53

OceanPal's Receivables Turnover for the quarter that ended in Jun. 2025 is calculated as

Receivables Turnover (Q: Jun. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Jun. 2025 ) / ((Accounts Receivable (Q: Dec. 2024 ) + Accounts Receivable (Q: Jun. 2025 )) / count )
=6.157 / ((3.064 + 1.804) / 2 )
=6.157 / 2.434
=2.53

* 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 2.53 mean?
OceanPal (SVRN) has a Receivables Turnover of 2.53 as of Jun. 2025. 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 OceanPal and its competitors. According to the industry distribution chart, OceanPal ranks #742 out of 996 companies in the Transportation industry, placing it in the top 74.5%.
Is OceanPal's Receivables Turnover too high?
OceanPal's current Receivables Turnover is 2.53. The Transportation industry median Receivables Turnover is 7.70. OceanPal's value of 2.53 is 67.1% below this industry median. Based on the distribution chart, OceanPal ranks #742 out of 996 companies in the Transportation industry, which is below the industry midpoint. Overall, OceanPal has a GF Score™ of 26/100, reflecting its overall financial health beyond just this single metric.
How does OceanPal's Receivables Turnover compare to CTRM and PSHG?
According to the Transportation industry distribution chart, OceanPal ranks #742 out of 996 companies for Receivables Turnover. This places OceanPal in the lower half of its industry. The industry median Receivables Turnover is 7.70. OceanPal's value of 2.53 is 67.1% below 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. OceanPal's current Receivables Turnover of 2.53 is 67.1% below 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 OceanPal 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. OceanPal's current Receivables Turnover is 2.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OceanPal stock overvalued right now?
OceanPal (SVRN) has a current Receivables Turnover of 2.53. The current Receivables Turnover is 2.53 and 67.1% below the Transportation industry median of 7.70. OceanPal's overall GF Score™ is 26/100 with 2 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 OceanPal (SVRN), the current Receivables Turnover is 2.53 as of Jun. 2025. 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.

OceanPal Business Description

Address c/o Steamship Shipbroking Enterprises Inc, Pendelis 26, Palaio Faliro, Athens, GRC, 175 64
OceanPal Inc is a provider of shipping transportation services. It specializes in the ownership of vessels. Each of its vessels is owned through a separate wholly-owned subsidiary. The company includes Dry Bulk segment and Tanker segment. Majority of revenue is Dry Bulk segment.
26GF Score

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

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