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Akzo Nobel NV (XAMS:AKZA) Days Sales Outstanding : 86.51 (As of Mar. 2024)


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What is Akzo Nobel NV Days Sales Outstanding?

Akzo Nobel NV's average Accounts Receivable for the three months ended in Mar. 2024 was €2,503 Mil. Akzo Nobel NV's Revenue for the three months ended in Mar. 2024 was €2,640 Mil. Hence, Akzo Nobel NV's Days Sales Outstanding for the three months ended in Mar. 2024 was 86.51.

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

XAMS:AKZA' s Days Sales Outstanding Range Over the Past 10 Years
Min: 55.3   Med: 71.4   Max: 90.91
Current: 90.91

During the past 13 years, Akzo Nobel NV's highest Days Sales Outstanding was 90.91. The lowest was 55.30. And the median was 71.40.

XAMS:AKZA's Days Sales Outstanding is ranked worse than
74.07% of 1527 companies
in the Chemicals industry
Industry Median: 63.51 vs XAMS:AKZA: 90.91

Akzo Nobel NV's Days Sales Outstanding increased from Mar. 2023 (81.58) to Mar. 2024 (86.51).


Akzo Nobel NV Days Sales Outstanding Historical Data

The historical data trend for Akzo Nobel NV'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.

Akzo Nobel NV Days Sales Outstanding Chart

Akzo Nobel NV 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 71.91 76.23 70.89 68.92 73.73

Akzo Nobel NV Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 81.58 90.22 93.71 90.65 86.51

Competitive Comparison of Akzo Nobel NV's Days Sales Outstanding

For the Specialty Chemicals subindustry, Akzo Nobel NV'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.


Akzo Nobel NV's Days Sales Outstanding Distribution in the Chemicals Industry

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

* The bar in red indicates where Akzo Nobel NV's Days Sales Outstanding falls into.



Akzo Nobel NV 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.

Akzo Nobel NV'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
=( (2123 + 2187) / 2 ) / 10668*365
=2155 / 10668*365
=73.73

Akzo Nobel NV's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding (Q: Mar. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2023 ) + Accounts Receivable (A: Mar. 2024 )) / count ) / Revenue (A: Mar. 2024 )*Days in Period
=( (2187 + 2819) / 2 ) / 2640*365 / 4
=2503 / 2640*365 / 4
=86.51

* 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.


Akzo Nobel NV  (XAMS:AKZA) Days Sales Outstanding Explanation

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


Akzo Nobel NV Days Sales Outstanding Related Terms

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Akzo Nobel NV (XAMS:AKZA) Business Description

Address
Christian Neefestraat 2, Amsterdam, NH, NLD, 1077 WW
Netherlands-based AkzoNobel is the world's third-largest paint and coatings producer. Europe is the largest market, with around 46% of sales generated in the Europe, Middle East, and Africa, or EMEA, region. Cumulatively, the Asia-Pacific and Latin American divisions have also grown quickly to more than 40% of sales. Construction-related end markets are the most important, but meaningful revenue is also generated from the industrial, consumer goods, and transportation markets.

Akzo Nobel NV (XAMS:AKZA) Headlines

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