Elementis (LSE:ELM) Days Sales Outstanding : 52.62 (As of Dec. 2023)

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What is Elementis Days Sales Outstanding?

Elementis's average Accounts Receivable for the six months ended in Dec. 2023 was £79.6 Mil. Elementis's Revenue for the six months ended in Dec. 2023 was £276.2 Mil. Hence, Elementis's Days Sales Outstanding for the six months ended in Dec. 2023 was 52.62.

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

LSE:ELM' s Days Sales Outstanding Range Over the Past 10 Years
Min: 41.09 Med: 48.53 Max: 51.46
Current: 48.06

During the past 13 years, Elementis's highest Days Sales Outstanding was 51.46. The lowest was 41.09. And the median was 48.53.

LSE:ELM's Days Sales Outstanding is ranked better than
69.48% of 1527 companies
in the Chemicals industry
Industry Median: 64.12 vs LSE:ELM: 48.06

Elementis's Days Sales Outstanding declined from Dec. 2022 (59.57) to Dec. 2023 (52.62).

Elementis Days Sales Outstanding Historical Data

The historical data trend for Elementis'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.

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Elementis Days Sales Outstanding Chart

Elementis Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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44.49

45.05

50.44

44.31

41.09

Elementis 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															91.41	59.93	59.57	50.55	52.62

Competitive Comparison of Elementis's Days Sales Outstanding

For the Specialty Chemicals subindustry, Elementis'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.

Elementis's Days Sales Outstanding Distribution in the Chemicals Industry

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

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

Elementis 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.

Elementis'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
=	( (63.627	+	63.279)	/	2 )	/	563.586	*	365
=	63.453					/	563.586	*	365
=	41.09

Elementis'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
=	( (95.99	+	63.279)	/	2 )	/	276.184	*	365 / 2
=	79.6345					/	276.184	*	365 / 2
=	52.62

Elementis (LSE:ELM) Days Sales Outstanding Explanation

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

Elementis Days Sales Outstanding Related Terms

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Elementis (LSE:ELM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Elementis PLC (LSE:ELM) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

EMNSF:USA ELMTY:USA ELMl:UK E3E:Germany

Address

55-57 High Holborn, Caroline House, London, GBR, WC1V 6DX

Website

https://www.elementis.com

Elementis PLC manufactures and sells a variety of chemicals and coatings. The firm organizes itself into five segments based on product type: personal care, coatings, talc, and chromium. These segments produce chemical modifiers and additives for their respective products and services, which include anti-perspirants, decorative and industrial coatings, plastics, chrome metal finishing, and oil and gas drilling. Most of the company's revenue comes from North America, and coatings are the company's largest segment.

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