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2020 Bulkers (OSL:2020) Accounts Receivable : kr29.7 Mil (As of Mar. 2024)


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What is 2020 Bulkers Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. 2020 Bulkers's accounts receivables for the quarter that ended in Mar. 2024 was kr29.7 Mil.

Accounts receivable can be measured by Days Sales Outstanding. 2020 Bulkers's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 12.97.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. 2020 Bulkers's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was kr-56.93.


2020 Bulkers Accounts Receivable Historical Data

The historical data trend for 2020 Bulkers'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.

* Premium members only.

2020 Bulkers Accounts Receivable Chart

2020 Bulkers Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial 8.12 5.22 8.08 21.74 9.49

2020 Bulkers 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 8.43 9.72 12.87 9.49 29.71

2020 Bulkers Accounts Receivable Calculation

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


2020 Bulkers 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.

2020 Bulkers's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=29.714/209.058*91
=12.97

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), 2020 Bulkers's accounts receivable are only considered to be worth 75% of book value:

2020 Bulkers'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)
=(588.972+0.75 * 29.714+0.5 * 0-1913.362
-0-0)/22.8709
=-56.93

* 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.


2020 Bulkers Accounts Receivable 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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