The Chemours Co (The Chemours Co) Days Sales Outstanding

: 42.31 (As of Dec. 2023)

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The Chemours Co's average Accounts Receivable for the three months ended in Dec. 2023 was $631 Mil. The Chemours Co's Revenue for the three months ended in Dec. 2023 was $1,361 Mil. Hence, The Chemours Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 42.31.

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

CC' s Days Sales Outstanding Range Over the Past 10 Years
Min: 30.83 Med: 43.93 Max: 50.66
Current: 39.67

During the past 13 years, The Chemours Co's highest Days Sales Outstanding was 50.66. The lowest was 30.83. And the median was 43.93.

CC's Days Sales Outstanding is ranked better than
78.18% of 1526 companies
in the Chemicals industry
Industry Median: 63.605 vs CC: 39.67

The Chemours Co's Days Sales Outstanding declined from Dec. 2022 (46.14) to Dec. 2023 (42.31).

The Chemours Co Days Sales Outstanding Historical Data

The historical data trend for The Chemours Co'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.

The Chemours Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

45.97

38.60

31.44

30.97

30.83

The Chemours Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding																46.14	36.57	41.77	47.10	42.31

Competitive Comparison

For the Specialty Chemicals subindustry, The Chemours Co'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.

The Chemours Co Days Sales Outstanding Distribution

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

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

The Chemours Co 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.

The Chemours Co'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
=	( (509	+	509)	/	2 )	/	6027	*	365
=	509					/	6027	*	365
=	30.83

The Chemours Co'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: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (753	+	509)	/	2 )	/	1361	*	365 / 4
=	631					/	1361	*	365 / 4
=	42.31

The Chemours Co (NYSE:CC) Days Sales Outstanding Explanation

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

The Chemours Co Days Sales Outstanding Related Terms

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The Chemours Co (The Chemours Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » The Chemours Co (NYSE:CC) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

CC:Mexico 2CU:Germany 2CU:Germany

Address

1007 Market Street, Wilmington, DE, USA, 19801

Website

https://www.chemours.com

The Chemours Co is a global provider of chemicals. It delivers customized solutions with a wide range of industrial and specialty chemicals products for various markets including coatings, plastics, refrigeration, air conditioning, etc. The company's operating segments include Titanium Technologies, Thermal & Specialized Solutions, and Advanced Performance Materials. It generates maximum revenue from the Titanium Technologies segment. The Titanium Technologies segment is a producer of TiO2 pigment, a premium white pigment used to deliver whiteness, brightness, opacity, durability, efficiency, and protection across a variety of applications. Geographically, it derives a majority of its revenue from North America.

Executives

Ron Christopher Charles	officer: Senior Vice President, People	C/O THE CHEMOURS COMPANY, 1007 MARKET STREET, WILMINGTON DE 19801
Sandra Phillips Rogers	director	1000 CRANBERRY WOODS DRIVE, CRANBERRY TOWNSHIP PA 16066
Erin N Kane	director	300 KIMBALL DRIVE, SUITE 101, PARSIPPANY NJ 07054
Joseph T. Martinko	officer: President, Thermal & Specializ	C/O THE CHEMOURS COMPANY, 1007 MARKET STREET, WILMINGTON DE 19801
Mark Newman	officer: Senior Vice President and CFO	1011 WARRENVILLE ROAD, SUITE 600, LISLE IL 60532
Alvenia Scarborough	officer: SVP Corp Communications & CBO	C/O THE CHEMOURS COMPANY, 1007 MARKET STREET, WILMINGTON DE 19801
Matthew S Abbott	officer: SVP, Chief Enterprise Transfor	C/O THE CHEMOURS COMPANY, 1007 MARKET STREET, WILMINGTON DE 19801
Guillaume Pepy	director	C/O THE CHEMOURS COMPANY, 1007 MARKET STREET, WILMINGTON DE 19801
Sean D Keohane	director	C/O CABOT CORPORATION, TWO SEAPORT LANE, SUITE 1300, BOSTON MA 02210
Calderon Gerardo Familiar	officer: Pres Advanced Performance Mat	C/O THE CHEMOURS COMPANY, 1007 MARKET STREET, WILMINGTON DE 19801
Alisha Bellezza	officer: President, Thermal Spec Solns	C/O THE CHEMOURS COMPANY, 1007 MARKET STREET, WILMINGTON DE 19801
Camela Wisel	officer: VP, CAO & Controller	C/O THE CHEMOURS COMPANY, 1007 MARKET STREET, WILMINGTON DE 19801
Sameer Ralhan	officer: SVP, CFO	C/O THE CHEMOURS COMPANY, 1007 MARKET STREET, WILMINGTON DE 19899
Jonathan Lock	officer: SVP, Chief Development Officer	C/O THE CHEMOURS COMPANY, 1007 MARKET STREET, WILMINGTON DE 19801
Susan M. Kelliher	officer: SVP, People and Health Service	ALBEMARLE CORPORATION, 451 FLORIDA STREET, BATON ROUGE LA 70801