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Kronos Worldwide (Kronos Worldwide) Days Sales Outstanding : 63.38 (As of Dec. 2023)


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What is Kronos Worldwide Days Sales Outstanding?

Kronos Worldwide's average Accounts Receivable for the three months ended in Dec. 2023 was $278 Mil. Kronos Worldwide's Revenue for the three months ended in Dec. 2023 was $400 Mil. Hence, Kronos Worldwide's Days Sales Outstanding for the three months ended in Dec. 2023 was 63.38.

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

KRO' s Days Sales Outstanding Range Over the Past 10 Years
Min: 50.49   Med: 56.73   Max: 63.11
Current: 57.97

During the past 13 years, Kronos Worldwide's highest Days Sales Outstanding was 63.11. The lowest was 50.49. And the median was 56.73.

KRO's Days Sales Outstanding is ranked better than
56.58% of 1527 companies
in the Chemicals industry
Industry Median: 63.51 vs KRO: 57.97

Kronos Worldwide's Days Sales Outstanding declined from Dec. 2022 (69.86) to Dec. 2023 (63.38).


Kronos Worldwide Days Sales Outstanding Historical Data

The historical data trend for Kronos Worldwide'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.

Kronos Worldwide Days Sales Outstanding Chart

Kronos Worldwide Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 57.33 62.95 58.45 51.68 54.09

Kronos Worldwide 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 Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 69.86 51.53 56.33 65.32 63.38

Competitive Comparison of Kronos Worldwide's Days Sales Outstanding

For the Specialty Chemicals subindustry, Kronos Worldwide'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.


Kronos Worldwide's Days Sales Outstanding Distribution in the Chemicals Industry

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

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



Kronos Worldwide 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.

Kronos Worldwide'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
=( (220.3 + 273.6) / 2 ) / 1666.5*365
=246.95 / 1666.5*365
=54.09

Kronos Worldwide'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
=( (282.2 + 273.6) / 2 ) / 400.1*365 / 4
=277.9 / 400.1*365 / 4
=63.38

* 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.


Kronos Worldwide  (NYSE:KRO) Days Sales Outstanding Explanation

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


Kronos Worldwide Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Kronos Worldwide's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.


Kronos Worldwide (Kronos Worldwide) Business Description

Traded in Other Exchanges
Address
5430 LBJ Freeway, Suite 1700, Dallas, TX, USA, 75240-2620
Kronos Worldwide Inc manufactures and sells titanium dioxide pigments. Titanium dioxide is a white inorganic pigment used in a variety of products. The majority of Kronos' sales come from titanium dioxide used for coatings on automobiles, aircraft, machines, appliances, traffic paint, and in both commercial and residential interiors and exteriors. The second- largest product category is titanium dioxide used for plastics such as packaging materials and food packaging, houseware, appliances, toys, and computer cases. The majority of revenue comes from the United States.
Executives
Kevin B Kramer director C/O STONERIGDGE INC., 9400 E. MARKET ST, WARREN OH 44484
Andrew B Nace officer: Executive Vice President 5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240-2620
Miller William Earl Jr. officer: VP, Global Human Resources 5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240
Dennis Werner officer: President, EMEAA 5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240
Amy A. Samford officer: Executive Vice President 5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240-2620
Rainer Gruber officer: EX VP, Chief Manu/Tech Officer 5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240
Gouveia Randall Colin director 2225 W. CHANDLER BLVD.,, CHANDLER AZ 85224
Alexis A Thomason officer: VP and General Counsel 5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240
Bart W Reichert officer: Vice President, Internal Audit 5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240
Bryan A. Hanley officer: Vice President and Treasurer 5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240-2620
Loretta J. Feehan director 5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240-2620
John E Harper director 2300 WEST PLANO PARKWAY, PLANO TX 75075
Thomas P Stafford director C/O WACKENHUT CORP, 4200 WACKENHUT DRIVE #100, PALM BEACH GARDENS FL 33410-4243
Meredith W. Mendes director 2901 BUTTERFIELD ROAD, OAK BROOK IL 60523
Kristin B Mccoy officer: Vice President, Tax 5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240

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