Gurit Holding AG (LTS:0QQR) Days Sales Outstanding : 64.36 (As of Jun. 2024)

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What is Gurit Holding AG Days Sales Outstanding?

Gurit Holding AG's average Accounts Receivable for the six months ended in Jun. 2024 was CHF75.3 Mil. Gurit Holding AG's Revenue for the six months ended in Jun. 2024 was CHF213.5 Mil. Hence, Gurit Holding AG's Days Sales Outstanding for the six months ended in Jun. 2024 was 64.36.

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

LTS:0QQR' s Days Sales Outstanding Range Over the Past 10 Years
Min: 60.65 Med: 67.85 Max: 82.71
Current: 66.25

During the past 13 years, Gurit Holding AG's highest Days Sales Outstanding was 82.71. The lowest was 60.65. And the median was 67.85.

LTS:0QQR's Days Sales Outstanding is ranked worse than
51.18% of 1520 companies
in the Chemicals industry
Industry Median: 65.215 vs LTS:0QQR: 66.25

Gurit Holding AG's Days Sales Outstanding increased from Jun. 2023 (63.82) to Jun. 2024 (64.36).

Gurit Holding AG Days Sales Outstanding Historical Data

The historical data trend for Gurit Holding 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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Gurit Holding AG Days Sales Outstanding Chart

Gurit Holding AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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70.64

65.26

68.19

60.65

61.88

Gurit Holding AG Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Sales Outstanding	Get a 7-Day Free Trial															67.55	63.56	63.82	63.82	64.36

Competitive Comparison of Gurit Holding AG's Days Sales Outstanding

For the Specialty Chemicals subindustry, Gurit Holding 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.

Gurit Holding AG's Days Sales Outstanding Distribution in the Chemicals Industry

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

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

Gurit Holding 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.

Gurit Holding 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
=	( (88.241	+	67.668)	/	2 )	/	459.852	*	365
=	77.9545					/	459.852	*	365
=	61.88

Gurit Holding AG's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

	Days Sales Outstanding (Q: Jun. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Jun. 2024 ))	/	count )	/	Revenue (A: Jun. 2024 )	*	Days in Period
=	( (67.668	+	82.918)	/	2 )	/	213.488	*	365 / 2
=	75.293					/	213.488	*	365 / 2
=	64.36

Gurit Holding AG (LTS:0QQR) Days Sales Outstanding Explanation

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

Gurit Holding AG Days Sales Outstanding Related Terms

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Gurit Holding AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Gurit Holding AG (LTS:0QQR) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

GURNz:UK GURN:Switzerland

Address

Ebnaterstrasse 79, Wattwil, CHE, CH-9630

Website

https://www.gurit.com

Gurit Holding AG and its subsidiaries is engaged in the development and manufacture of composite materials, core kitting services, composite tooling equipment and pultruded structural profiles. The segments of the company are Wind materials, Manufacturing solutions, and Marine and Industrial. The company generates maximum revenue from wind materials. The company's geographical segments are Europe, Asia, the Americas, and the Rest of the world.

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