Euroseas Ltd. Accounts Receivables 2011-2025 | ESEA

Accounts receivable — is the amount of money owed to a company by other organizations, individuals, or the government. It arises when a company has already delivered goods, performed work, or provided services, but has not yet received payment for them.

Examples of accounts receivable

Customers have not paid invoices for delivered products
An advance has been paid to a supplier, but goods have not yet been received
Employees have not reported on accountable amounts
The government must refund tax overpayments
Outstanding loans issued

Importance of accounts receivable in company analysis

Asset quality
Accounts receivable are part of current assets. But they are not cash — they are promises. Investors assess how realistic these promises are to be collected. The higher the share of overdue or doubtful receivables, the greater the risk of asset impairment.
Impact on cash flow
Even if a company shows a profit, the money can be "tied up" in receivables. This means profit does not turn into actual cash, and the company may face liquidity shortages.
Assessment of management efficiency
The following accounts receivable turnover ratios are commonly used:
Receivables turnover = Revenue / Average accounts receivable
(the higher — the better)

Days Sales Outstanding (DSO) = 365 / Turnover
(the fewer days — the faster customers pay)

If the DSO is constantly increasing — this is a red flag — customers are delaying payments, and money gets stuck in settlements.

Annual Accounts Receivables Euroseas Ltd.

2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
-	-	-	-	2.01 M	715 K	959 K	1.48 M	1.43 M	1.41 M	2.19 M	1.88 M	1.43 M	1.37 M

All numbers in USD currency

Indicator range from annual reports

Maximum	Minimum	Average
2.19 M	715 K	1.49 M

Quarterly Accounts Receivables Euroseas Ltd.

2022-Q4	2022-Q3	2022-Q2	2022-Q1	2021-Q4	2021-Q3	2021-Q2	2021-Q1	2020-Q4	2020-Q3	2020-Q2	2020-Q1	2019-Q4	2019-Q3	2019-Q2	2019-Q1	2018-Q4	2018-Q3	2018-Q2	2018-Q1	2017-Q4	2017-Q3	2017-Q2	2017-Q1	2016-Q4	2016-Q3	2016-Q2	2016-Q1	2015-Q4	2015-Q3	2015-Q2	2015-Q1	2014-Q4	2014-Q3	2014-Q2	2014-Q1	2013-Q4	2013-Q3	2013-Q2	2013-Q1	2012-Q4	2012-Q3	2012-Q2	2012-Q1	2011-Q4	2011-Q3	2011-Q2	2011-Q1
-	-	-	-	1.27 M	1.71 M	1.54 M	1.4 M	2.01 M	1.11 M	1.02 M	1.59 M	715 K	-	705 K	1.12 M	959 K	-	941 K	-	885 K	-	1.2 M	1.14 M	1.43 M	797 K	-	-	1.41 M	-	1.2 M	-	2.19 M	-	535 K	-	1.88 M	-	2.31 M	-	1.43 M	-	-	-	1.37 M	-	-	-

All numbers in USD currency

Indicator range from quarterly reporting

Maximum	Minimum	Average
2.31 M	535 K	1.3 M

Accounts Receivables of other stocks in the Marine shipping industry

Issuer	Accounts Receivables	Price	% 24h	Market Cap	Country
Capital Product Partners L.P. CPLP	2.86 M	-	2.13 %	$ 355 B	Greece
Costamare CMRE	8.25 M	$ 15.78	1.12 %	$ 1.88 B	Greece
EuroDry Ltd. EDRY	1.53 M	$ 13.14	-1.32 %	$ 35.8 M	Greece
StealthGas GASS	3.6 M	$ 6.96	-3.06 %	$ 245 M	Greece
Danaos Corporation DAC	7.56 M	$ 94.18	1.03 %	$ 1.82 B	Greece
Huntington Ingalls Industries HII	212 M	$ 328.75	0.58 %	$ 13 B	USA
Genco Shipping & Trading Limited GNK	21.4 M	$ 18.21	-0.25 %	$ 784 M	USA
Ardmore Shipping Corporation ASC	20.3 M	$ 11.3	1.39 %	$ 471 M	Bermuda
Castor Maritime CTRM	1.3 M	$ 2.23	0.9 %	$ 21.5 M	Cyprus
Diana Shipping DSX	5.24 M	$ 1.77	1.14 %	$ 205 M	Greece
Nordic American Tankers Limited NAT	16.2 M	$ 3.5	1.75 %	$ 732 M	Bermuda
Flex LNG Ltd. FLNG	4.05 M	$ 25.48	-0.35 %	$ 1.39 B	Bermuda
Kirby Corporation KEX	490 M	$ 110.12	-0.82 %	$ 6.38 B	USA
Matson MATX	269 M	$ 121.28	1.63 %	$ 4.09 B	USA
International Seaways INSW	4.09 M	$ 48.82	0.46 %	$ 2.41 B	USA
Navios Maritime Partners L.P. NMM	17 M	$ 50.94	-0.28 %	$ 1.46 B	Greece
Pangaea Logistics Solutions, Ltd. PANL	47.9 M	$ 7.38	3.15 %	$ 331 M	USA
Eagle Bulk Shipping EGLE	30.9 M	-	-2.29 %	$ 678 M	USA
Performance Shipping PSHG	3.5 M	$ 2.26	-1.31 %	$ 27.9 M	Greece
Navios Maritime Holdings NM	54.3 M	-	0.22 %	$ 51.7 M	Monaco
Pyxis Tankers PXS	703 K	$ 3.0	2.04 %	$ 31.6 M	Greece
Safe Bulkers SB	4.88 M	$ 4.93	0.51 %	$ 530 M	Monaco
Star Bulk Carriers Corp. SBLK	38.1 M	$ 18.21	-0.33 %	$ 1.95 B	Greece
Seanergy Maritime Holdings Corp. SHIP	801 K	$ 9.72	-1.02 %	$ 192 M	Greece
SEACOR Marine Holdings SMHI	69.9 M	$ 7.24	2.7 %	$ 200 M	USA
Top Ships TOPS	76 K	-	-1.67 %	$ 22.3 M	Greece