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Overseas Shipholding Group (Overseas Shipholding Group) Accounts Receivable : $5.3 Mil (As of Mar. 2024)


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What is Overseas Shipholding Group Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Overseas Shipholding Group's accounts receivables for the quarter that ended in Mar. 2024 was $5.3 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Overseas Shipholding Group's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 4.14.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Overseas Shipholding Group's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-8.78.


Overseas Shipholding Group Accounts Receivable Historical Data

The historical data trend for Overseas Shipholding Group's Accounts Receivable 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 Accounts Receivable Chart

Overseas Shipholding Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.64 6.38 10.81 8.33 12.39

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
Accounts Receivable 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 6.98 2.86 4.86 12.39 5.33

Overseas Shipholding Group Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


Overseas Shipholding Group Accounts Receivable Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's accounts receivables are being managed.

Overseas Shipholding Group's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=5.334/117.497*91
=4.14

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Overseas Shipholding Group's accounts receivable are only considered to be worth 75% of book value:

Overseas Shipholding Group's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(97.153+0.75 * 5.334+0.5 * 6.682-733.966
-0-0)/71.7249
=-8.78

* 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.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


Overseas Shipholding Group Accounts Receivable Related Terms

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Overseas Shipholding Group (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.
Executives
Samuel H Norton director, officer: President and CEO 58 NE 44TH STREET, MIAMI FL 33133
Elaine Goodman Luria director 7421 GLENEAGLES RD, NORFOLK VA 23505
Douglas D Wheat director, other: Chairman of the Board C/O HAAS WHEAT & PARTNERS LP, 300 CRESCENT COURT, SUITE 1700, DALLAS TX 75201
Cyrus Capital Partners, L.p. director, 10 percent owner, other: SEE REMARKS 65 EAST 55 STREET, 35TH FLOOR, NEW YORK NY 10022
Gary Eugene Taylor director 814 NORTH BEACH BLVD., BAY ST. LOUIS MS 39520
Julie Silcock director
Anja Manuel director C/O OVERSEAS SHIPHOLDING GROUP, INC., 302 KNIGHTS RUN AVENUE, TAMPA FL 33602
Joseph Isaac Kronsberg director 233 PACIFIC STREET, APT 4G, BROOKLYN NY 11201
Saltchuk Resources, Inc. 10 percent owner 450 ALASKAN WAY SOUTH, SUITE 708, SEATTLE WA 98104
Rebecca K Delaet director 34 BEACH AVENUE, LARCHMONT NY 10538
Ty Wallach director C/O PAULSON & CO INC., 1251 AVENUE OF THE AMERICAS, NEW YORK NY 10020
Paulson & Co. Inc. 10 percent owner 1133 AVENUE OF THE AMERICAS, 33RD FLOOR, NEW YORK NY 10036
J Patrick Reddy director
Susan Allan officer: VP, General Counsel & Corp Sec 302 KNIGHTS RUN AVENUE, SUITE 1200, TAMPA FL 33602
Richard Trueblood officer: CFO 10812 BULLRUSH TERRACE, LAKEWOOD RANCH FL 34202