Celanese (Celanese) Days Sales Outstanding

: 45.86 (As of Dec. 2023)

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Celanese's average Accounts Receivable for the three months ended in Dec. 2023 was $1,291 Mil. Celanese's Revenue for the three months ended in Dec. 2023 was $2,569 Mil. Hence, Celanese's Days Sales Outstanding for the three months ended in Dec. 2023 was 45.86.

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

CE' s Days Sales Outstanding Range Over the Past 10 Years
Min: 41.75 Med: 49.75 Max: 54.11
Current: 46.08

During the past 13 years, Celanese's highest Days Sales Outstanding was 54.11. The lowest was 41.75. And the median was 49.75.

CE's Days Sales Outstanding is ranked better than
70.77% of 1526 companies
in the Chemicals industry
Industry Median: 63.605 vs CE: 46.08

Celanese's Days Sales Outstanding declined from Dec. 2022 (48.56) to Dec. 2023 (45.86).

Celanese Days Sales Outstanding Historical Data

The historical data trend for Celanese'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.

Celanese Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

54.11

52.99

41.75

47.92

43.74

Celanese 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																48.56	47.74	48.06	44.85	45.86

Competitive Comparison

For the Chemicals subindustry, Celanese'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.

Celanese Days Sales Outstanding Distribution

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

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

Celanese 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.

Celanese'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
=	( (1379	+	1243)	/	2 )	/	10940	*	365
=	1311					/	10940	*	365
=	43.74

Celanese'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
=	( (1339	+	1243)	/	2 )	/	2569	*	365 / 4
=	1291					/	2569	*	365 / 4
=	45.86

Celanese (NYSE:CE) Days Sales Outstanding Explanation

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

Celanese Days Sales Outstanding Related Terms

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Celanese (Celanese) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Celanese Corp (NYSE:CE) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

DG3:Germany DG3:Germany C1NS34:Brazil

Address

222 W. Las Colinas Boulevard, Suite 900N, Irving, TX, USA, 75039-5421

Website

https://www.celanese.com

Celanese is one of the world's largest producers of acetic acid and its downstream derivative chemicals, which are used in various end markets, including coatings and adhesives. The company is also one of the largest producers of specialty polymers, which are used in the automotive, electronics, medical, building, and consumer end markets. The company also makes cellulose derivatives used in cigarette filters.

Executives

Thomas Francis Kelly	officer: SVP, EM	222 W LAS COLINAS BLVD, SUITE 900N, IRVING TX 75039
Mark Christopher Murray	officer: VP - Bus. Strat & Development	100 MATSONFORD ROAD, RADNOR PA 19087
Aaron M Mcgilvray	officer: Chief Accounting Officer	222 W. LAS COLINAS BLVD, SUITE 900N, IRVING TX 75039
Rahul Ghai	director	GENERAL ELECTRIC COMPANY, 5 NECCO STREET, BOSTON MA 02210
Michael Koenig	director	222 W. LAS COLINAS BLVD., SUITE 900N, IRVING TX 75039
Vanessa Dupuis	officer: SVP, HR (CHRO)	C/O CELANESE CORPORATION, 222 W LAS COLINAS BLVD, SUITE 900N, IRVING TX 75039
Scott A Richardson	officer: SVP & CFO	C/O CELANESE CORPORATION, 222 W LAS COLINAS BLVD, SUITE 900N, IRVING TX 75039
John K Wulff	director	C/O HERCULES INC, 1313 NORTH MARKET STREET, WILMINGTON DE 19894-0001
Deborah J. Kissire	director	210 E. EARLL DRIVE, PHOENIX AZ 85012
John G Fotheringham	officer: SVP, Acetyl Chain	222 W LAS COLINAS BLVD, SUITE 900N, IRVING TX 75039
Lori Ryerkerk	director, officer: CEO	AXALTA COATING SYSTEMS LTD., 2001 MARKET STREET, SUITE 3600, PHILADELPHIA PA 19103
Todd L Elliott	officer: SVP, Acetyl Chain	C/O CELANESE CORPORATION, 222 W LAS COLINAS BLVD, SUITE 900N, IRVING TX 75039
A. Lynne Puckett	officer: SVP & GC	C/O 222 W LAS COLINAS BLVD, SUITE 900N, IRVING TX 75039
Rucker Kim K.w.	director	KRAFT FOODS GROUP, INC., THREE LAKES DRIVE, NORTHFIELD IL 60093
Peter G Edwards	officer: EVP & GC	C/O BAXALTA INCORPORATED, 1200 LAKESIDE DRIVE, BANNOCKBURN IL 60015