Industrie Chimiche Forestali SpA (MIL:ICF) Days Sales Outstanding : 111.18 (As of Dec. 2023)

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What is Industrie Chimiche Forestali SpA Days Sales Outstanding?

Industrie Chimiche Forestali SpA's average Accounts Receivable for the six months ended in Dec. 2023 was €23.30 Mil. Industrie Chimiche Forestali SpA's Revenue for the six months ended in Dec. 2023 was €38.24 Mil. Hence, Industrie Chimiche Forestali SpA's Days Sales Outstanding for the six months ended in Dec. 2023 was 111.18.

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

MIL:ICF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 87.13 Med: 92.11 Max: 106.79
Current: 106.79

During the past 7 years, Industrie Chimiche Forestali SpA's highest Days Sales Outstanding was 106.79. The lowest was 87.13. And the median was 92.11.

MIL:ICF's Days Sales Outstanding is ranked worse than
83.94% of 1526 companies
in the Chemicals industry
Industry Median: 64.1 vs MIL:ICF: 106.79

Industrie Chimiche Forestali SpA's Days Sales Outstanding increased from Dec. 2022 (102.88) to Dec. 2023 (111.18).

Industrie Chimiche Forestali SpA Days Sales Outstanding Historical Data

The historical data trend for Industrie Chimiche Forestali SpA'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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Industrie Chimiche Forestali SpA Days Sales Outstanding Chart

Industrie Chimiche Forestali SpA Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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89.42

100.72

91.62

92.59

105.39

Industrie Chimiche Forestali SpA Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial					96.30	94.94	102.88	104.09	111.18

Competitive Comparison of Industrie Chimiche Forestali SpA's Days Sales Outstanding

For the Specialty Chemicals subindustry, Industrie Chimiche Forestali SpA'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.

Industrie Chimiche Forestali SpA's Days Sales Outstanding Distribution in the Chemicals Industry

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

* The bar in red indicates where Industrie Chimiche Forestali SpA's Days Sales Outstanding falls into.

Industrie Chimiche Forestali SpA 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.

Industrie Chimiche Forestali SpA'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
=	( (23.499	+	22.619)	/	2 )	/	79.86	*	365
=	23.059					/	79.86	*	365
=	105.39

Industrie Chimiche Forestali SpA'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
=	( (23.976	+	22.619)	/	2 )	/	38.242	*	365 / 2
=	23.2975					/	38.242	*	365 / 2
=	111.18

Industrie Chimiche Forestali SpA (MIL:ICF) Days Sales Outstanding Explanation

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

Industrie Chimiche Forestali SpA Days Sales Outstanding Related Terms

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Industrie Chimiche Forestali SpA (MIL:ICF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Industrie Chimiche Forestali SpA (MIL:ICF) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Fratelli Kennedy, 75, Marcallo con Casone, Milano, ITA, 20010

Website

https://www.forestali.it

Industrie Chimiche Forestali SpA is engaged in the design, production and marketing of high-tech adhesives and fabrics mainly for the following markets: footwear & leather goods, automotive and packaging.