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Symrise AG (Symrise AG) Days Sales Outstanding : 71.54 (As of Dec. 2023)


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What is Symrise AG Days Sales Outstanding?

Symrise AG's average Accounts Receivable for the six months ended in Dec. 2023 was $990 Mil. Symrise AG's Revenue for the six months ended in Dec. 2023 was $2,526 Mil. Hence, Symrise AG's Days Sales Outstanding for the six months ended in Dec. 2023 was 71.54.

The historical rank and industry rank for Symrise AG's Days Sales Outstanding or its related term are showing as below:

SYIEF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 61.91   Med: 64.35   Max: 68.89
Current: 68.89

During the past 13 years, Symrise AG's highest Days Sales Outstanding was 68.89. The lowest was 61.91. And the median was 64.35.

SYIEF's Days Sales Outstanding is ranked worse than
54.68% of 1527 companies
in the Chemicals industry
Industry Median: 63.51 vs SYIEF: 68.89

Symrise AG's Days Sales Outstanding increased from Dec. 2022 (69.33) to Dec. 2023 (71.54).

Symrise AG Days Sales Outstanding Historical Data

The historical data trend for Symrise AG'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.

Symrise AG Days Sales Outstanding Chart

Symrise AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 67.39 61.81 65.67 64.59 65.58

Symrise AG Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 73.77 69.34 69.33 67.71 71.54

Competitive Comparison of Symrise AG's Days Sales Outstanding

For the Specialty Chemicals subindustry, Symrise AG'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.

Symrise AG's Days Sales Outstanding Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Symrise AG's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Symrise AG's Days Sales Outstanding falls into.


Symrise AG 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.

Symrise AG's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

Days Sales Outstanding (A: Dec. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )*Days in Period
=( (906.817 + 946.897) / 2 ) / 5158.328*365
=926.857 / 5158.328*365
=65.58

Symrise AG's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding (Q: Dec. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Jun. 2023 ) + Accounts Receivable (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )*Days in Period
=( (1033.6 + 946.897) / 2 ) / 2526.143*365 / 2
=990.2485 / 2526.143*365 / 2
=71.54

* 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.

Symrise AG  (OTCPK:SYIEF) Days Sales Outstanding Explanation

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

Symrise AG Days Sales Outstanding Related Terms

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Symrise AG (Symrise AG) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Symrise AG (OTCPK:SYIEF) » Definitions » Days Sales Outstanding
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XTER:BNR XTER:EVK XTER:LXS XTER:VBK XTER:UZU XTER:NTG XTER:MZX XTER:BNN FRA:3330 LIN XPAR:AI SHW ECL APD XSWX:SIKA XSWX:GIVN SHSE:600309 PPG LYB BOM:500820
Traded in Other Exchanges
SYIEY:USA SY1:Mexico SY1d:UK 0G6T:UK SY1:Germany SY1:Austria
Address
Muhlenfeldstrasse 1, Holzminden, ST, DEU, 37603
Website
https://www.symrise.com
Symrise is a global supplier of ingredients for fragrances and flavourings across the food, beverage, household products, and pharmaceutical industries. With an estimated 12% market share, it is the world's fourth-largest supplier of fragrances and flavourings. The company was created after a 2003 merger of two companies that originated in 1874 and 1919. With 9,000 employees, Symrise produces 30,000 products sourced from 10,000 mostly natural raw materials such as vanilla, citrus, blossoms, and plant or animal materials for more than 6,000 customers.