Pyxis Tankers (Pyxis Tankers) Change In Receivables : $1.34 Mil (TTM As of Mar. 2024)

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What is Pyxis Tankers Change In Receivables?

Pyxis Tankers's change in receivables for the quarter that ended in Mar. 2024 was $1.26 Mil. It means Pyxis Tankers's Accounts Receivable declined by $1.26 Mil from Dec. 2023 to Mar. 2024 .

Pyxis Tankers's change in receivables for the fiscal year that ended in Dec. 2023 was $5.96 Mil. It means Pyxis Tankers's Accounts Receivable declined by $5.96 Mil from Dec. 2022 to Dec. 2023 .

Pyxis Tankers's Accounts Receivable for the quarter that ended in Mar. 2024 was $4.19 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. Pyxis Tankers's Days Sales Outstanding for the three months ended in Mar. 2024 was 32.36.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Pyxis Tankers's liquidation value for the three months ended in Mar. 2024 was $-27.17 Mil.

Pyxis Tankers Change In Receivables Historical Data

The historical data trend for Pyxis Tankers'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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Pyxis Tankers Change In Receivables Chart

Pyxis Tankers Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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4.76

-8.59

5.21

-12.42

5.96

Pyxis Tankers 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															5.88	1.18	1.76	-2.85	1.26

Pyxis Tankers 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 $1.34 Mil.

Pyxis Tankers (NAS:PXS) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	4.187	/	11.805	*	91
=	32.36

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

Pyxis Tankers'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)
=	46.804	-	78.589	+	0.75 * 4.187	+	0.5 * 2.941
=	-27.17

Pyxis Tankers Change In Receivables Related Terms

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Pyxis Tankers (Pyxis Tankers) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Pyxis Tankers Inc (NAS:PXS) » Definitions » Change In Receivables

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PXSAP.PFD:USA

Address

59 K. Karamanli Street, Maroussi, GRC, 15125

Website

http://www.pyxistankers.com

Pyxis Tankers Inc is an international maritime transportation company that focuses on the product tanker sector. It owns a fleet that comprises double-hull product tankers employed under a mix of short- and medium-term time charters and spot charters. The fleet owned by the company includes Pyxis Epsilon, Pyxis Theta, Pyxis Malou, Northsea Alpha, and Northsea Beta. Each of the vessels in the fleet is capable of transporting refined petroleum products, such as naphtha, gasoline, jet fuel, kerosene, diesel, fuel oil, and other liquid bulk items, such as vegetable oils and organic chemicals.