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Victrex (LSE:VCT) Days Sales Outstanding

: 61.22 (As of Sep. 2023)
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Victrex's average Accounts Receivable for the six months ended in Sep. 2023 was £50.7 Mil. Victrex's Revenue for the six months ended in Sep. 2023 was £151.0 Mil. Hence, Victrex's Days Sales Outstanding for the six months ended in Sep. 2023 was 61.22.

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

LSE:VCT' s Days Sales Outstanding Range Over the Past 10 Years
Min: 27.92   Med: 36.39   Max: 55.72
Current: 55.72

During the past 13 years, Victrex's highest Days Sales Outstanding was 55.72. The lowest was 27.92. And the median was 36.39.

LSE:VCT's Days Sales Outstanding is ranked better than
59.11% of 1526 companies
in the Chemicals industry
Industry Median: 63.605 vs LSE:VCT: 55.72

Victrex's Days Sales Outstanding increased from Sep. 2022 (52.96) to Sep. 2023 (61.22).


Victrex Days Sales Outstanding Historical Data

The historical data trend for Victrex'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.

Array ( [0] => - [1] => - [2] => - [3] => - [4] => - [5] => 40.92 [6] => 35.82 [7] => 27.92 [8] => 35.32 [9] => 44.47 )
Victrex Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Days Sales Outstanding
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 40.92 35.82 27.92 35.32 44.47

Victrex Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Days Sales Outstanding 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 Premium Member Only Premium Member Only Premium Member Only 41.23 51.55 52.96 61.48 61.22

Competitive Comparison

For the Specialty Chemicals subindustry, Victrex'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.


Victrex Days Sales Outstanding Distribution

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

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



Victrex 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.

Victrex's Days Sales Outstanding for the fiscal year that ended in Sep. 2023 is calculated as

Days Sales Outstanding (A: Sep. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Sep. 2022 ) + Accounts Receivable (A: Sep. 2023 )) / count ) / Revenue (A: Sep. 2023 )*Days in Period
=( (39.3 + 35.5) / 2 ) / 307*365
=37.4 / 307*365
=44.47

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

Days Sales Outstanding (Q: Sep. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Mar. 2023 ) + Accounts Receivable (A: Sep. 2023 )) / count ) / Revenue (A: Sep. 2023 )*Days in Period
=( (65.8 + 35.5) / 2 ) / 151*365 / 2
=50.65 / 151*365 / 2
=61.22

* 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.


Victrex  (LSE:VCT) Days Sales Outstanding Explanation

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


Victrex Days Sales Outstanding Related Terms

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Victrex (LSE:VCT) Business Description

Traded in Other Exchanges
Address
Victrex Technology Centre, Hillhouse International, Thornton Cleveleys, Lancashire, GBR, FY5 4QD
Victrex is a British specialty chemicals company whose business is based predominantly on manufacturing and creating solutions using polyetheretherketone, or PEEK, an ultra-high-performance lightweight plastic. Around 40% of sales are generated in Europe, with Asia and the Americas contributing 30% each. The business has two segments. The industrial segment targets transportation, energy, electronics, and manufacturing, while the medical segment provides healthcare solutions for the implantable device markets.

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