International Seaways (International Seaways) Change In Receivables : $5 Mil (TTM As of Mar. 2024)

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What is International Seaways Change In Receivables?

International Seaways's change in receivables for the quarter that ended in Mar. 2024 was $4 Mil. It means International Seaways's Accounts Receivable declined by $4 Mil from Dec. 2023 to Mar. 2024 .

International Seaways's change in receivables for the fiscal year that ended in Dec. 2023 was $43 Mil. It means International Seaways's Accounts Receivable declined by $43 Mil from Dec. 2022 to Dec. 2023 .

International Seaways's Accounts Receivable for the quarter that ended in Mar. 2024 was $9 Mil.

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 Receivable are being managed. International Seaways's Days Sales Outstanding for the three months ended in Mar. 2024 was 2.89.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. International Seaways's liquidation value for the three months ended in Mar. 2024 was $-535 Mil.

International Seaways Change In Receivables Historical Data

The historical data trend for International Seaways's Change In Receivables 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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International Seaways Change In Receivables Chart

International Seaways Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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10.78

40.48

-16.47

-182.68

42.61

International Seaways Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															41.75	6.94	21.26	-27.34	4.21

International Seaways Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $5 Mil.

International Seaways (NYSE:INSW) Change In Receivables 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 Receivable are being managed.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	8.695	/	274.401	*	91
=	2.89

2. In Ben Graham's calculation of liquidation value, International Seaways's accounts receivable are only considered to be worth 75% of book value:

International Seaways's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	214.501	-	756.532	+	0.75 * 8.695	+	0.5 * 0.593
=	-535

International Seaways Change In Receivables Related Terms

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International Seaways (International Seaways) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » International Seaways Inc (NYSE:INSW) » Definitions » Change In Receivables

Comparable Companies

GLNG NS HEP VNOM HESM KNTK CEQP DHT STNG PAGP TSX:ENB EPD WMB ET LNG OKE MPLX KMI TSX:TRP CQP

Traded in Other Exchanges

INSW:Mexico IS5:Germany

Address

600 Third Avenue, 39th Floor, New York, NY, USA, 10016

Website

https://www.intlseas.com

International Seaways Inc owns and operates a fleet of oceangoing vessels engaged primarily in the transportation of crude oil and petroleum products. The company's vessel operations are organized into two segments: Crude Tankers and Product Carriers. The fleet consists of ULCC, VLCC, Suezmax, Aframax, and Panamax crude tankers, as well as LR1, LR2, and MR product carriers.

Executives

Jeffrey Pribor	officer: Chief Financial Officer	35 WEST 56TH STREET, NEW YORK NY 10019
Derek G. Solon	officer: VP and Chief Comm. Officer	C/O INTERNATIONAL SEAWAYS, INC., 600 THIRD AVENUE, 39TH FLOOR, NEW YORK NY 10016
Small James D Iii	officer: SVP & Secretary	C/O OVERSEAS SHIPHOLDING GROUP, INC., 1301 AVENUE OF THE AMERICAS, 42ND FLOOR, NEW YORK NY 10019
Lois K Zabrocky	director, officer: President	666 THIRD AVENUE, 5TH FLOOR, NEW YORK NY 10017
Douglas D Wheat	director	C/O HAAS WHEAT & PARTNERS LP, 300 CRESCENT COURT, SUITE 1700, DALLAS TX 75201
Randee E Day	director	217 DEBRA LANE, PALM BEACH FL 33480
David I Greenberg	director	ALTRIA GROUP INC, 120 PARK AVE, NEW YORK NY 10017
William F. Nugent	officer: VP and Head of Shipping Ops.	C/O INTERNATIONAL SEAWAYS, INC., 600 THIRD AVENUE, 39TH FLOOR, NEW YORK NY 10465
Ian T Blackley	director, officer: Senior Vice President & CFO	666 THIRD AVENUE, NEW YORK NY 10017
Stevenson Craig H Jr	director	C/O OMI CORP, ONE STATION PL, STAMFORD CT 06902
Adewale Oshodi	officer: Controller	1301 AVENUE OF THE AMERICAS, 42ND FLOOR, C/O OVERSEAS SHIPHOLDING GROUP, INC., NEW YORK NY 10019
Famatown Finance Ltd	10 percent owner	C/O SEATANKERS MANAGEMENT CO. LTD, P. O. BOX 53562, LIMASSOL G4 CY 3399
C.k. Ltd	10 percent owner	28 ESPLANADE STREET, ST. HELIER Y9 JE4 2QP
Greenwich Holdings Ltd.	10 percent owner	C/O SEATANKERS MANAGEMENT CO. LTD., P.O. BOX 53562, LIMASSOL G4 CY 3399
Alexandra Kate Blankenship	director	33 BENEDICT PLACE, 2ND FLOOR, GREENWICH CT 06830