Evonik Industries AG (WBO:EVK) Days Sales Outstanding : 43.33 (As of Dec. 2023)

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What is Evonik Industries AG Days Sales Outstanding?

Evonik Industries AG's average Accounts Receivable for the three months ended in Dec. 2023 was €1,712 Mil. Evonik Industries AG's Revenue for the three months ended in Dec. 2023 was €3,605 Mil. Hence, Evonik Industries AG's Days Sales Outstanding for the three months ended in Dec. 2023 was 43.33.

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

WBO:EVK' s Days Sales Outstanding Range Over the Past 10 Years
Min: 38.31 Med: 45.28 Max: 49.54
Current: 44.21

During the past 13 years, Evonik Industries AG's highest Days Sales Outstanding was 49.54. The lowest was 38.31. And the median was 45.28.

WBO:EVK's Days Sales Outstanding is ranked better than
73.8% of 1527 companies
in the Chemicals industry
Industry Median: 63.51 vs WBO:EVK: 44.21

Evonik Industries AG's Days Sales Outstanding declined from Dec. 2022 (44.72) to Dec. 2023 (43.33).

Evonik Industries AG Days Sales Outstanding Historical Data

The historical data trend for Evonik Industries AG'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.

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Evonik Industries AG Days Sales Outstanding Chart

Evonik Industries AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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45.32

45.24

41.60

38.31

42.42

Evonik Industries AG 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	Get a 7-Day Free Trial															44.72	45.26	45.72	44.16	43.33

Competitive Comparison of Evonik Industries AG's Days Sales Outstanding

For the Specialty Chemicals subindustry, Evonik Industries AG'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.

Evonik Industries AG's Days Sales Outstanding Distribution in the Chemicals Industry

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

* The bar in red indicates where Evonik Industries AG's Days Sales Outstanding falls into.

Evonik Industries AG 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.

Evonik Industries AG'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
=	( (1927	+	1622)	/	2 )	/	15267	*	365
=	1774.5					/	15267	*	365
=	42.42

Evonik Industries AG'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
=	( (1802	+	1622)	/	2 )	/	3605	*	365 / 4
=	1712					/	3605	*	365 / 4
=	43.33

Evonik Industries AG (WBO:EVK) Days Sales Outstanding Explanation

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

Evonik Industries AG Days Sales Outstanding Related Terms

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Evonik Industries AG (WBO:EVK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Evonik Industries AG (WBO:EVK) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

EVKIY:USA EVKIF:USA EVK:Italy EVKd:UK 0QDS:UK EVKA:Germany EVK:Germany EVK:Germany EVK:Germany EVK:Germany

Address

Rellinghauser Strasse 1-11, Essen, NW, DEU, 45128

Website

https://www.evonik.com

Evonik Industries is a German chemical company offering a mix of speciality and commodity chemical products. It has a number-one to -three market position in 80% of its businesses. Around 45% of sales are generated in Europe, while the key markets of North America and Asia account for 25% and 20% of sales, respectively. The company is organized into four major segments: specialty additives, smart materials, nutrition and care, and performance materials.

Evonik Industries AG (WBO:EVK) Headlines

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