SOL SpA (MIL:SOL) Days Sales Outstanding : 107.42 (As of Dec. 2023)

View and export this data going back to 1998. Start your Free Trial

What is SOL SpA Days Sales Outstanding?

SOL SpA's average Accounts Receivable for the six months ended in Dec. 2023 was €442 Mil. SOL SpA's Revenue for the six months ended in Dec. 2023 was €751 Mil. Hence, SOL SpA's Days Sales Outstanding for the six months ended in Dec. 2023 was 107.42.

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

MIL:SOL' s Days Sales Outstanding Range Over the Past 10 Years
Min: 102.03 Med: 115.66 Max: 135.9
Current: 107.63

During the past 13 years, SOL SpA's highest Days Sales Outstanding was 135.90. The lowest was 102.03. And the median was 115.66.

MIL:SOL's Days Sales Outstanding is ranked worse than
85.03% of 1523 companies
in the Chemicals industry
Industry Median: 63.74 vs MIL:SOL: 107.63

SOL SpA's Days Sales Outstanding increased from Dec. 2022 (105.72) to Dec. 2023 (107.42).

SOL SpA Days Sales Outstanding Historical Data

The historical data trend for SOL SpA'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.

SOL SpA Days Sales Outstanding Chart

SOL SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

113.05

108.34

104.62

102.03

107.93

SOL SpA Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															106.24	103.17	105.72	107.55	107.42

Competitive Comparison of SOL SpA's Days Sales Outstanding

For the Specialty Chemicals subindustry, SOL SpA'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.

SOL SpA's Days Sales Outstanding Distribution in the Chemicals Industry

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

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

SOL SpA 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.

SOL SpA'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
=	( (431.054	+	448.454)	/	2 )	/	1487.136	*	365
=	439.754					/	1487.136	*	365
=	107.93

SOL SpA'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: Jun. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (436.093	+	448.454)	/	2 )	/	751.403	*	365 / 2
=	442.2735					/	751.403	*	365 / 2
=	107.42

SOL SpA (MIL:SOL) Days Sales Outstanding Explanation

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

SOL SpA Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of SOL SpA's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

SOL SpA (MIL:SOL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » SOL SpA (MIL:SOL) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

SOLm:UK QOL:Germany

Address

Via Borgazzi, 27, Monza, ITA, 20900

Website

http://www.solgroup.com

SOL SpA manufactures and sells industrial gases and medical equipment. The firm's two segments are based on product type. The home-care segment, which generates the majority of revenue, sells a variety of medicinal gases including oxygen, nitrogen, nitrous oxide, carbon dioxide, synthetic air, and medical air. The segment also provides medical air services for hospitals. The technical gases segment sells gas-based products to the energy, agricultural, food, metalworking, glass, and electronics industries. More of SOL's revenue comes from Italy than any other country.