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Select Water Solutions (Select Water Solutions) Days Sales Outstanding : 80.37 (As of Mar. 2024)


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What is Select Water Solutions Days Sales Outstanding?

Select Water Solutions's average Accounts Receivable for the three months ended in Mar. 2024 was $323 Mil. Select Water Solutions's Revenue for the three months ended in Mar. 2024 was $367 Mil. Hence, Select Water Solutions's Days Sales Outstanding for the three months ended in Mar. 2024 was 80.37.

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

WTTR' s Days Sales Outstanding Range Over the Past 10 Years
Min: 54.17   Med: 86.64   Max: 119.74
Current: 91.51

During the past 9 years, Select Water Solutions's highest Days Sales Outstanding was 119.74. The lowest was 54.17. And the median was 86.64.

WTTR's Days Sales Outstanding is ranked worse than
74.72% of 1527 companies
in the Chemicals industry
Industry Median: 63.93 vs WTTR: 91.51

Select Water Solutions's Days Sales Outstanding declined from Mar. 2023 (101.04) to Mar. 2024 (80.37).


Select Water Solutions Days Sales Outstanding Historical Data

The historical data trend for Select Water Solutions'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.

Select Water Solutions Days Sales Outstanding Chart

Select Water Solutions Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only 86.10 119.74 86.45 87.19 86.64

Select Water Solutions Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 101.04 104.12 92.16 82.54 80.37

Competitive Comparison of Select Water Solutions's Days Sales Outstanding

For the Specialty Chemicals subindustry, Select Water Solutions'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.


Select Water Solutions's Days Sales Outstanding Distribution in the Chemicals Industry

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

* The bar in red indicates where Select Water Solutions's Days Sales Outstanding falls into.



Select Water Solutions 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.

Select Water Solutions'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
=( (429.983 + 322.611) / 2 ) / 1585.353*365
=376.297 / 1585.353*365
=86.64

Select Water Solutions's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding (Q: Mar. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2023 ) + Accounts Receivable (A: Mar. 2024 )) / count ) / Revenue (A: Mar. 2024 )*Days in Period
=( (322.611 + 323.113) / 2 ) / 366.548*365 / 4
=322.862 / 366.548*365 / 4
=80.37

* 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.


Select Water Solutions  (NYSE:WTTR) Days Sales Outstanding Explanation

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


Select Water Solutions Days Sales Outstanding Related Terms

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Select Water Solutions (Select Water Solutions) Business Description

Traded in Other Exchanges
Address
1233 West Loop South, Suite 1400, Houston, TX, USA, 77027
Select Water Solutions Inc provides sustainable water and chemical solutions to the energy industry. These solutions are supported by the company's critical water infrastructure assets, chemical manufacturing, and water treatment and recycling capabilities.
Executives
Brian Szymanski officer: Chief Accounting Officer & VP 1820 I-35 FRONTAGE ROAD, GAINESVILLE TX 76240
Michael Skarke officer: Exec. VP, Water Solutions 1820 NORTH I-35, P.O. BOX 1715, GAINESVILLE TX 76241
Troy W Thacker director C/O FOX PAINE & CO, 950 TOWER LANE, FOSTER CITY CA 94404
Christina M Ibrahim officer: SVP, GC and CCO 2000 ST. JAMES PLACE, HOUSTON TX 77056
Nick L Swyka officer: CFO & Senior VP 515 POST OAK BLVD., STE. 200, HOUSTON TX 77027
Robin H Fielder director 1201 LAKE ROBBINS DRIVE, THE WOODLANDS TX 77380
Christopher Kile George officer: See Remarks 5660 WICKERSHAM LN, HOUSTON TX 77056
Luis M Fernandez-moreno director ASHLAND INC., 8145 BLAZER DRIVE, WILMINGTON DE 19808
Suzanne Colbert officer: Chief Technology Officer 1233 WEST LOOP SOUTH, SUITE 1400, HOUSTON TX 77027
Gayle Burleson director ONE CONCHO CENTER, 600 WEST ILLINOIS AVENUE, MIDLAND TX 79701
Scf-vii(a), L.p. 10 percent owner, other: Member of Group 600 TRAVIS ST., STE. 6600, HOUSTON TX 77002
Scf Partners, Inc. 10 percent owner, other: Member of Group 600 TRAVIS STE 6600, HOUSTON TX 77002
Scf-vii(a), G.p., Limited Partnership 10 percent owner, other: Member of Group 600 TRAVIS, SUITE 6600, HOUSTON TX 77002
Holli C. Ladhani director, officer: President and CEO 2800 POST OAK BLVD., SUITE 4500, HOUSTON TX 77056
Mitchell Shauf officer: EVP, Water Services 1820 N. INTERSTATE 35, GAINESVILLE TX 76241

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