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Eastman Chemical Co (NYSE:EMN)
Days Sales Outstanding
36.11 (As of Sep. 2016)

Eastman Chemical Co's account receivable for the three months ended in Sep. 2016 was $905 Mil. Eastman Chemical Co's revenue for the three months ended in Sep. 2016 was $2,287 Mil. Hence, Eastman Chemical Co's days sales outstanding for the three months ended in Sep. 2016 was 36.11.

EMN' s Days Sales Outstanding Range Over the Past 10 Years
Min: 14.92   Max: 38.11
Current: 36.52

14.92
38.11

During the past 13 years, Eastman Chemical Co's highest Days Sales Outstanding was 38.11. The lowest was 14.92. And the median was 33.10.

EMN's Days Sales Outstanding is ranked higher than
80% of the 867 Companies
in the Global Chemicals industry.

( Industry Median: 59.38 vs. EMN: 36.52 )

Eastman Chemical Co's days sales outstanding increased from Sep. 2015 (36.10) to Sep. 2016 (36.11).


Definition

Days sales outstanding measures of 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 receivables are being managed.

Account receivable can be measured by Days Sales Outstanding.

Eastman Chemical Co's Days Sales Outstanding for the fiscal year that ended in Dec. 2014 is calculated as

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=936/9527*365
=35.86

Eastman Chemical Co's Days Sales Outstanding for the quarter that ended in Sep. 2016 is calculated as:

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=905/2287*365 / 4
=36.11

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Explanation

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


Related Terms

Account Receivable, Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Eastman Chemical Co Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysSalesOutstanding 36.7229.1814.9223.0034.0532.1438.1134.3535.8629.96

Eastman Chemical Co Quarterly Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
DaysSalesOutstanding 39.7337.2536.3637.2836.7836.1032.4838.8137.7836.11
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