What is Eastman Chemical Co Days Sales Outstanding?
Eastman Chemical Co's average Accounts Receivable for the
three
months ended in Dec. 2023 was $853 Mil. Eastman Chemical Co's Revenue for the
three
months ended in Dec. 2023 was $2,207 Mil.
Hence, Eastman Chemical Co's Days Sales Outstanding for the
three
months ended in Dec. 2023 was 35.27.
The historical rank and industry rank for Eastman Chemical Co's Days Sales Outstanding or its related term are showing as below:
EMN'
s Days Sales Outstanding Range Over the Past 10 Years
Min: 32.5 Med: 35.33 Max: 43.36
Current: 36.75
During the past 13 years, Eastman Chemical Co's highest Days Sales Outstanding was 43.36. The lowest was 32.50. And the median was 35.33.
EMN's Days Sales Outstanding is ranked better than 81.53% of 1527
companies
in the Chemicals industry
Industry Median: 63.56
vs EMN: 36.75
Eastman Chemical Co's Days Sales Outstanding
declined
from Dec. 2022 (40.26) to Dec. 2023 (35.27).
Eastman Chemical Co Days Sales Outstanding Historical Data
The historical data trend for Eastman Chemical 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.
Competitive Comparison of Eastman Chemical Co's Days Sales Outstanding
For the Specialty Chemicals subindustry, Eastman Chemical 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.
Eastman Chemical Co's Days Sales Outstanding Distribution in the Chemicals Industry
For the Chemicals industry and Basic Materials sector, Eastman Chemical Co's Days Sales Outstanding distribution charts can be found below:
* The bar in red indicates where Eastman Chemical Co's Days Sales Outstanding falls into.
Eastman Chemical 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.
* 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.
Eastman Chemical Co (NYSE:EMN) Days Sales Outstanding Explanation
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Eastman Chemical Co Days Sales Outstanding Related Terms
Thank you for viewing the detailed overview of Eastman Chemical Co's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.
Eastman Chemical Co (Eastman Chemical Co) Business Description
Established in 1920 to produce chemicals for Eastman Kodak, Eastman Chemical has grown into a global specialty chemicals company with manufacturing sites around the world. The company generates the majority of its sales outside of the United States, with a strong presence in Asian markets. During the past several years, Eastman has sold noncore businesses, choosing to focus on higher-margin specialty product offerings.
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