Ashland (FRA:AHT) Days Sales Outstanding : 35.97 (As of Mar. 2024)

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What is Ashland Days Sales Outstanding?

Ashland's average Accounts Receivable for the three months ended in Mar. 2024 was €209 Mil. Ashland's Revenue for the three months ended in Mar. 2024 was €529 Mil. Hence, Ashland's Days Sales Outstanding for the three months ended in Mar. 2024 was 35.97.

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

FRA:AHT' s Days Sales Outstanding Range Over the Past 10 Years
Min: 52.98 Med: 81.52 Max: 115.42
Current: 52.98

During the past 13 years, Ashland's highest Days Sales Outstanding was 115.42. The lowest was 52.98. And the median was 81.52.

FRA:AHT's Days Sales Outstanding is ranked better than
63.56% of 1526 companies
in the Chemicals industry
Industry Median: 64.1 vs FRA:AHT: 52.98

Ashland's Days Sales Outstanding declined from Mar. 2023 (56.73) to Mar. 2024 (35.97).

Ashland Days Sales Outstanding Historical Data

The historical data trend for Ashland'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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Ashland Days Sales Outstanding Chart

Ashland Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Days Sales Outstanding

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82.73

86.13

69.64

54.39

64.25

Ashland 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															56.73	62.23	59.82	52.03	35.97

Competitive Comparison of Ashland's Days Sales Outstanding

For the Specialty Chemicals subindustry, Ashland'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.

Ashland's Days Sales Outstanding Distribution in the Chemicals Industry

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

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

Ashland 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.

Ashland'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
=	( (406.02	+	316.706)	/	2 )	/	2052.967	*	365
=	361.363					/	2052.967	*	365
=	64.25

Ashland'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
=	( (177.898	+	239.2)	/	2 )	/	529	*	365 / 4
=	208.549					/	529	*	365 / 4
=	35.97

Ashland (FRA:AHT) Days Sales Outstanding Explanation

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

Ashland Days Sales Outstanding Related Terms

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Ashland (FRA:AHT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Ashland Inc (FRA:AHT) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

ASH:USA

Address

8145 Blazer Drive, Wilmington, DE, USA, 19808

Website

http://www.ashland.com

Ashland Inc is a world-wide specialty materials company that serves a wide range of industrial markets. The company has a business-centric operating model and is organized into four distinct segments: life sciences, personal care, specialty additives, and intermediates. Key customers for the firm include pharmaceutical companies and manufacturers of personal care products, food and beverages, and nutraceuticals and supplements. The life sciences segment derives maximum revenue. Ashland includes only U.S. and Canada in its North America designation and includes Europe, the Middle East and Africa in its Europe designation.