GC Rieber Shipping ASA (OSL:RISH) Days Sales Outstanding : 1,106.53 (As of Sep. 2023)

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What is GC Rieber Shipping ASA Days Sales Outstanding?

GC Rieber Shipping ASA's average Accounts Receivable for the three months ended in Sep. 2023 was kr2.26 Mil. GC Rieber Shipping ASA's Revenue for the three months ended in Sep. 2023 was kr0.19 Mil. Hence, GC Rieber Shipping ASA's Days Sales Outstanding for the three months ended in Sep. 2023 was 1,106.53.

The historical rank and industry rank for GC Rieber Shipping ASA's Days Sales Outstanding or its related term are showing as below:

OSL:RISH' s Days Sales Outstanding Range Over the Past 10 Years
Min: 52.72 Med: 74.67 Max: 2292.49
Current: 1775.63

During the past 13 years, GC Rieber Shipping ASA's highest Days Sales Outstanding was 2292.49. The lowest was 52.72. And the median was 74.67.

OSL:RISH's Days Sales Outstanding is not ranked
in the Transportation industry.
Industry Median: 45.775 vs OSL:RISH: 1775.63

GC Rieber Shipping ASA's Days Sales Outstanding increased from Jun. 2022 (0.00) to Sep. 2023 (1,106.53).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

GC Rieber Shipping ASA Days Sales Outstanding Historical Data

The historical data trend for GC Rieber Shipping ASA's Days Sales Outstanding 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.

GC Rieber Shipping ASA Days Sales Outstanding Chart

GC Rieber Shipping ASA Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Sales Outstanding

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85.38

55.14

2,290.17

2,292.49

99.13

GC Rieber Shipping ASA Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial															-	1,523.63	856.26	-	1,106.53

Competitive Comparison of GC Rieber Shipping ASA's Days Sales Outstanding

For the Marine Shipping subindustry, GC Rieber Shipping ASA's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

GC Rieber Shipping ASA's Days Sales Outstanding Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, GC Rieber Shipping ASA's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where GC Rieber Shipping ASA's Days Sales Outstanding falls into.

GC Rieber Shipping ASA Days Sales Outstanding Calculation

Days Sales Outstanding measures 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.

Accounts Receivable can be measured by Days Sales Outstanding.

GC Rieber Shipping ASA's Days Sales Outstanding for the fiscal year that ended in Dec. 2022 is calculated as

	Days Sales Outstanding (A: Dec. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )	/	Revenue (A: Dec. 2022 )	*	Days in Period
=	( (0.859	+	1.972)	/	2 )	/	5.212	*	365
=	1.4155					/	5.212	*	365
=	99.13

GC Rieber Shipping ASA's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding (Q: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (2.817	+	1.694)	/	2 )	/	0.186	*	365 / 4
=	2.2555					/	0.186	*	365 / 4
=	1,106.53

GC Rieber Shipping ASA (OSL:RISH) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.

GC Rieber Shipping ASA Days Sales Outstanding Related Terms

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GC Rieber Shipping ASA (OSL:RISH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » GC Rieber Shipping ASA (OSL:RISH) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Solheimsgaten 15, Bergen, NOR, 5058

Website

https://www.gcrieber-shipping.com

GC Rieber Shipping ASA is a Norwegian offshore shipping company. The business activities of the company include ownership of specialized vessels, marine ship management, project development, and industrial portfolio management within the segments of offshore subsea, ice research, and support. The company's operating segments are Ice/ Support, Marine Seismic and Subsea. It is a shipowner and project house with a focus on developing profitable and sustainable maritime projects. The company operates in Norway, Germany, Africa, Great Britain, the USA, and other European countries, the majority is derived from Other European countries.

GC Rieber Shipping ASA (OSL:RISH) Headlines

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