Huntsman (Huntsman) Accounts Receivable

: $753 Mil (As of Dec. 2023)

View and export this data going back to 2005. Start your Free Trial

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Huntsman's accounts receivables for the quarter that ended in Dec. 2023 was $753 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Huntsman's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 48.97.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Huntsman's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-14.33.

Huntsman Accounts Receivable Historical Data

The historical data trend for Huntsman's Accounts Receivable 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.

Huntsman Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

953.00

910.00

1,015.00

834.00

753.00

Huntsman Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Receivable																834.00	887.00	861.00	827.00	753.00

Huntsman Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.

Huntsman Accounts Receivable Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. 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.

Huntsman's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	753	/	1403	*	91
=	48.97

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Huntsman's accounts receivable are only considered to be worth 75% of book value:

Huntsman's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is calculated as:

	Net-Net Working Capital Per Share
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(540	+	0.75 * 753	+	0.5 * 867	-	3770
-	0	-	227)	/	171.583
=	-14.33

Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.

Huntsman Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Huntsman's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.

Huntsman (Huntsman) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Huntsman Corp (NYSE:HUN) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

HTR:Germany

Address

10003 Woodloch Forest Drive, The Woodlands, TX, USA, 77380

Website

https://www.huntsman.com

Huntsman Corp is a us-based manufacturer of differentiated organic chemical products. Its product portfolio comprises Methyl diphenyl diisocyanate (MDI), Amines, Maleic anhydride, Epoxy-based polymer formulations. The company's products are used in adhesives, aerospace, automotive, construction products, among others. Its operating segments are Polyurethanes, Performance Products and Advanced Materials. It derives most of its revenue from the Polyurethanes segment which includes MDI, polyols, TPU (thermoplastic polyurethane), and other polyurethane-related products. Its geographical segments are the United States & Canada, Europe, Asia- Pacific, and the Rest of the world.

Executives

David M Stryker	officer: Exec VP, GC and Sec	500 HUNTSMAN WAY, SALT LAKE CITY UT 84108
Curtis E Espeland	director	C/O EASTMAN CHEMICAL CO, 200 S WILCOX DRIVE, KINGSPORT TN 37660-5280
David B Sewell	director	101 W. PROSPECT AVENUE, CLEVELAND OH 44115
Munoz Barcelo Jose Antonio	director	C/O HUNTSMAN CORPORATION, 10003 WOODLOCH FOREST DRIVE, THE WOODLANDS TX 77380
Steven C. Jorgensen	officer: VP & Controller	10003 WOODLOCH FOREST DRIVE, THE WOODLANDS TX 77380
Philip M. Lister	officer: Exec VP & CFO	10003 WOODLOCH FOREST DRIVE, THE WOODLANDS TX 77380
Randy W. Wright	officer: VP and Controller	500 HUNTSMAN WAY, SALT LAKE CITY UT 84108
Scott J Wright	officer: Division President	500 HUNTSMAN WAY, SALT LAKE CITY UT 84108
Jeanne Mcgovern	director	10003 WOODLOCH FOREST DRIVE, THE WOODLANDS TX 77380
Mary C Beckerle	director	500 HUNTSMAN WAY, SALT LAKE CITY UT 84108
Brittany Benko	officer: Sr. VP, EHS	10003 WOODLOCH FOREST DRIVE, THE WOODLANDS TX 77380
Charlton R. Hirsch	officer: SVP, Performance Products	10003 WOODLOCH FOREST DRIVE, THE WOODLANDS TX 77380
Cynthia Egan	director	7117 BELLONA AVENUE, BALTIMORE MD 21212
Sonia Dula	director	4000 PONCE DE LEON BLVD., SUITE 650, CORAL GABLES FL 33146
Peter R Huntsman	director, officer: President and CEO	WATERWAY 1, 10003 WOODLOCH FOREST DRIVE, THE WOODLANDS TX 77380