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Braskem (BSP:BRKM5) Days Sales Outstanding : 15.18 (As of Sep. 2024)


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What is Braskem Days Sales Outstanding?

Braskem's average Accounts Receivable for the three months ended in Sep. 2024 was R$3,537 Mil. Braskem's Revenue for the three months ended in Sep. 2024 was R$21,265 Mil. Hence, Braskem's Days Sales Outstanding for the three months ended in Sep. 2024 was 15.18.

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

BSP:BRKM5' s Days Sales Outstanding Range Over the Past 10 Years
Min: 15.88   Med: 19.82   Max: 21.88
Current: 16.49

During the past 13 years, Braskem's highest Days Sales Outstanding was 21.88. The lowest was 15.88. And the median was 19.82.

BSP:BRKM5's Days Sales Outstanding is ranked better than
93.55% of 1519 companies
in the Chemicals industry
Industry Median: 65.15 vs BSP:BRKM5: 16.49

Braskem's Days Sales Outstanding declined from Sep. 2023 (18.14) to Sep. 2024 (15.18).


Braskem Days Sales Outstanding Historical Data

The historical data trend for Braskem'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.

Braskem Days Sales Outstanding Chart

Braskem Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.70 21.88 20.54 19.64 15.88

Braskem Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 18.14 17.73 15.99 16.55 15.18

Competitive Comparison of Braskem's Days Sales Outstanding

For the Chemicals subindustry, Braskem'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.


Braskem's Days Sales Outstanding Distribution in the Chemicals Industry

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

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



Braskem 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.

Braskem'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
=( (3232 + 2910) / 2 ) / 70569*365
=3071 / 70569*365
=15.88

Braskem's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding (Q: Sep. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Jun. 2024 ) + Accounts Receivable (A: Sep. 2024 )) / count ) / Revenue (A: Sep. 2024 )*Days in Period
=( (3550 + 3524) / 2 ) / 21265*365 / 4
=3537 / 21265*365 / 4
=15.18

* 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.


Braskem  (BSP:BRKM5) Days Sales Outstanding Explanation

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


Braskem Days Sales Outstanding Related Terms

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Braskem Business Description

Address
Rua Lemos Monteiro, 120-24 Andar, Butanta, SP, BRA, CEP 05501-050
Braskem SA manufactures and sells chemicals, petrochemicals, fuels, and utilities. The company's geographical segments include Brazil; the United States and Europe and Mexico. It derives a majority of its revenue from Brazil. It produces olefins, such as ethylene, polymer and chemical-grade propylene, butadiene, and butene-1; fuels, such as automotive gasoline, liquefied petroleum gas, or LPG, ethyl tertiary-butyl ether, or ETBE, and methyl tertiary-butyl ether, or MTBE; intermediates, such as cumene and others.

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