Star Bulk Carriers (Star Bulk Carriers) Change In Receivables : $1.2 Mil (TTM As of Mar. 2024)

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What is Star Bulk Carriers Change In Receivables?

Star Bulk Carriers's change in receivables for the quarter that ended in Mar. 2024 was $0.1 Mil. It means Star Bulk Carriers's Accounts Receivable declined by $0.1 Mil from Dec. 2023 to Mar. 2024 .

Star Bulk Carriers's change in receivables for the fiscal year that ended in Dec. 2023 was $14.7 Mil. It means Star Bulk Carriers's Accounts Receivable declined by $14.7 Mil from Dec. 2022 to Dec. 2023 .

Star Bulk Carriers's Accounts Receivable for the quarter that ended in Mar. 2024 was $68.6 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. Star Bulk Carriers's Days Sales Outstanding for the three months ended in Mar. 2024 was 24.13.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Star Bulk Carriers's liquidation value for the three months ended in Mar. 2024 was $-1,014.3 Mil.

Star Bulk Carriers Change In Receivables Historical Data

The historical data trend for Star Bulk Carriers'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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Star Bulk Carriers Change In Receivables Chart

Star Bulk Carriers Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-20.27

20.97

-52.43

5.61

14.74

Star Bulk Carriers Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															13.63	9.73	-7.84	-0.78	0.06

Star Bulk Carriers 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 $1.2 Mil.

Star Bulk Carriers (NAS:SBLK) 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.

Star Bulk Carriers's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	68.581	/	259.39	*	91
=	24.13

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

Star Bulk Carriers'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)
=	228.452	-	1322.597	+	0.75 * 68.581	+	0.5 * 56.82
=	-1,014.3

Star Bulk Carriers Change In Receivables Related Terms

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Star Bulk Carriers (Star Bulk Carriers) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Star Bulk Carriers Corp (NAS:SBLK) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

4FAP:Germany 4FAP:Germany

Address

C/o Star Bulk Management Inc, 40 Agiou Konstantinou Street, Maroussi, Athens, GRC, 15124

Website

https://www.starbulk.com

Star Bulk Carriers Corp provides seaborne transportation solutions in the dry bulk sector. The company owns and operates dry bulk carrier vessels, which are used to transport bulk, such as iron ore, coal, grains, bauxite, fertilizers, and steel products. It owns a fleet of vessels that consists of Newcastlemax, Capesize, Post Panamax, Kamsarmax, Panamax, Panamax, and Supramax. It generates revenues through the voyages it carries out.

Executives

Ramius Advisors Llc	10 percent owner	599 LEXINGTON AVENUE, 20TH FLOOR, NEW YORK NY 10022
Rcg Enterprise Ltd	10 percent owner	599 LEXINGTON AVENUE 20TH FLOOR, NEW YORK NY 10022
Rcg Carpathia Master Fund Ltd	10 percent owner	C/O RAMIUS LLC, 599 LEXINGTON AVENUE, NEW YORK NY 10022
Rcg Baldwin Lp	10 percent owner	C/O RAMIUS LLC, 599 LEXINGTON AVENUE 20TH FLOOR, NEW YORK NY 10022
Peter A Cohen	10 percent owner, other: See Explanation of Responses	40 WEST 57TH STREET, SUITE 2020, NEW YORK NY 10019
Thomas W Strauss	10 percent owner, other: See Explanation of Responses	599 LEXINGTON AVENUE, 20TH FLOOR, NEW YORK NY 10022
Ramius Capital Group Llc	10 percent owner	599 LEXINGTON AVENUE, 20TH FLOOR, NEW YORK NY 10022
C4s & Co Llc	10 percent owner, other: See Explanation of Responses	RAMIUS LLC, 599 LEXINGTON AVENUE, NEW YORK NY 10022
Morgan B Stark	10 percent owner, other: See Explanation of Responses	C/O RAMIUS LLC, 599 LEXINGTON AVENUE 20TH FLOOR, NEW YORK NY 10022
Jeffrey M Solomon	10 percent owner, other: See Explanation of Responses	599 LEXINGTON AVENUE 20TH FLOOR, NEW YORK NY 10022