Ecovyst (Ecovyst) Receivables Turnover : 2.09 (As of Dec. 2023)

View and export this data going back to 2017. Start your Free Trial

What is Ecovyst Receivables Turnover?

The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. Ecovyst's Revenue for the three months ended in Dec. 2023 was $172.8 Mil. Ecovyst's average Accounts Receivable for the three months ended in Dec. 2023 was $82.6 Mil. Hence, Ecovyst's Receivables Turnover for the three months ended in Dec. 2023 was 2.09.

Ecovyst Receivables Turnover Historical Data

The historical data trend for Ecovyst's Receivables Turnover 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.

Ecovyst Receivables Turnover Chart

Ecovyst Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

3.16

5.33

9.64

10.54

8.86

Ecovyst Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															2.01	2.28	2.54	2.14	2.09

Competitive Comparison of Ecovyst's Receivables Turnover

For the Specialty Chemicals subindustry, Ecovyst's Receivables Turnover, along with its competitors' market caps and Receivables Turnover 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.

Ecovyst's Receivables Turnover Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Ecovyst's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Ecovyst's Receivables Turnover falls into.

Ecovyst Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

Ecovyst's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Receivables Turnover (A: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2023 )	/ (	(Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )
=	691.118	/ (	(74.758	+	81.314)	/	2 )
=	691.118	/	78.036
=	8.86

Ecovyst's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

	Receivables Turnover (Q: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2023 )	/ (	(Accounts Receivable (Q: Sep. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	172.808	/ (	(83.793	+	81.314)	/	2 )
=	172.808	/	82.5535
=	2.09

Ecovyst (NYSE:ECVT) Receivables Turnover Explanation

An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.

Ecovyst Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Ecovyst's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Ecovyst (Ecovyst) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Ecovyst Inc (NYSE:ECVT) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

PQGA:Germany

Address

300 Lindenwood Drive, Valleybrooke Corporate Center, Malvern, PA, USA, 19355-1740

Website

https://www.ecovyst.com

Ecovyst Inc is a provider of catalysts, specialty materials, chemicals, and services that enable environmental improvements, enhance consumer products and increase personal safety. It manufactures specialty inorganic performance chemicals, specialty catalysts, and specialty glass materials. It sells products in the United States and other countries. Its operating segments are Ecoservices and Catalyst Technologies.

Executives

Michael Feehan	officer: See Remarks	C/O PQ GROUP HOLDINGS INC., 300 LINDENWOOD DRIVE, MALVERN PA 19355
Kurt Bitting	officer: See Remarks	C/O PQ GROUP HOLDINGS INC., 300 LINDENWOOD DRIVE, MALVERN PA 19355
Ineos Ltd	10 percent owner	38 HANS CRESCENT, KNIGHTSBRIDGE, LONDON X0 SW1X 0LZ
Ccmp Capital, Lp	10 percent owner	245 PARK AVENUE, 16TH FLOOR, NEW YORK NY 10167
Kyle D Vann	director	11 HEPPLEWHITE WAY, THE WOODLANDS TX 77382
Paul Whittleston	officer: See Remarks	C/O ECOVYST INC., 300 LINDENWOOD DRIVE, MALVERN PA 19355
Jonny Ginns	director	C/O PQ GROUP HOLDINGS INC., 300 LINDENWOOD DRIVE, MALVERN PA 19355
Robert Coxon	director	C/O PQ GROUP HOLDINGS INC., 300 LINDENWOOD DRIVE, MALVERN PA 19355
Vann George L. Jr.	officer: See Remarks	C/O ECOVYST INC., 300 LINDENWOOD DRIVE, MALVERN PA 19355
Thomas Schneberger	officer: See Remarks	C/O FMC CORP, 2929 WALNUT STREET, PHILADELPHIA PA 19104
Joseph S. Koscinski	officer: See Remarks	C/O PQ GROUP HOLDINGS INC., 300 LINDENWOOD DRIVE, MALVERN PA 19355
Sichko William J. Jr.	officer: See Remarks	C/O PQ GROUP HOLDINGS INC., 300 LINDENWOOD DRIVE, MALVERN PA 19355
Anna C Catalano	director	1313 NORTH MARKET STREET, WILMINGTON DE 19894
David A. Bradley	director	15710 JOHN F. KENNDEY BLVD, SUITE 300, HOUSTON TX 77032
Kevin Michael Fogarty	director	30 GRAND GARDEN COURT, THE WOODLANDS TX 77381