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Ecovyst (Ecovyst) Accounts Receivable : $81.3 Mil (As of Dec. 2023)


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What is Ecovyst Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Ecovyst's accounts receivables for the quarter that ended in Dec. 2023 was $81.3 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Ecovyst's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 42.94.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Ecovyst's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-8.27.


Ecovyst Accounts Receivable Historical Data

The historical data trend for Ecovyst'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.

Ecovyst Accounts Receivable Chart

Ecovyst Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only 140.04 45.94 80.80 74.76 81.31

Ecovyst Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Accounts Receivable 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 74.76 66.61 78.17 83.79 81.31

Ecovyst Accounts Receivable Calculation

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


Ecovyst 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=81.314/172.808*91
=42.94

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

Ecovyst'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)
=(88.365+0.75 * 81.314+0.5 * 45.115-1132.287
-0-0)/116.117
=-8.27

* 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.


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.


Ecovyst Accounts Receivable Related Terms

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Ecovyst (Ecovyst) Business Description

Traded in Other Exchanges
Address
300 Lindenwood Drive, Valleybrooke Corporate Center, Malvern, PA, USA, 19355-1740
Ecovyst Inc is a provider of catalysts, specialty materials, chemicals, and services that enable environmental improvements, enhance consumer products and increase personal safety. It manufactures specialty inorganic performance chemicals, specialty catalysts, and specialty glass materials. It sells products in the United States and other countries. Its operating segments are Ecoservices and Catalyst Technologies.
Executives
Michael Feehan officer: See Remarks C/O PQ GROUP HOLDINGS INC., 300 LINDENWOOD DRIVE, MALVERN PA 19355
Kurt Bitting officer: See Remarks C/O PQ GROUP HOLDINGS INC., 300 LINDENWOOD DRIVE, MALVERN PA 19355
Ineos Ltd 10 percent owner 38 HANS CRESCENT, KNIGHTSBRIDGE, LONDON X0 SW1X 0LZ
Ccmp Capital, Lp 10 percent owner 245 PARK AVENUE, 16TH FLOOR, NEW YORK NY 10167
Kyle D Vann director 11 HEPPLEWHITE WAY, THE WOODLANDS TX 77382
Paul Whittleston officer: See Remarks C/O ECOVYST INC., 300 LINDENWOOD DRIVE, MALVERN PA 19355
Jonny Ginns director C/O PQ GROUP HOLDINGS INC., 300 LINDENWOOD DRIVE, MALVERN PA 19355
Robert Coxon director C/O PQ GROUP HOLDINGS INC., 300 LINDENWOOD DRIVE, MALVERN PA 19355
Vann George L. Jr. officer: See Remarks C/O ECOVYST INC., 300 LINDENWOOD DRIVE, MALVERN PA 19355
Thomas Schneberger officer: See Remarks C/O FMC CORP, 2929 WALNUT STREET, PHILADELPHIA PA 19104
Joseph S. Koscinski officer: See Remarks C/O PQ GROUP HOLDINGS INC., 300 LINDENWOOD DRIVE, MALVERN PA 19355
Sichko William J. Jr. officer: See Remarks C/O PQ GROUP HOLDINGS INC., 300 LINDENWOOD DRIVE, MALVERN PA 19355
Anna C Catalano director 1313 NORTH MARKET STREET, WILMINGTON DE 19894
David A. Bradley director 15710 JOHN F. KENNDEY BLVD, SUITE 300, HOUSTON TX 77032
Kevin Michael Fogarty director 30 GRAND GARDEN COURT, THE WOODLANDS TX 77381