Axalta Coating Systems (LTS:0U6C) Days Sales Outstanding : 73.27 (As of Mar. 2024)

View and export this data going back to 2018. Start your Free Trial

What is Axalta Coating Systems Days Sales Outstanding?

Axalta Coating Systems's average Accounts Receivable for the three months ended in Mar. 2024 was $1,039 Mil. Axalta Coating Systems's Revenue for the three months ended in Mar. 2024 was $1,294 Mil. Hence, Axalta Coating Systems's Days Sales Outstanding for the three months ended in Mar. 2024 was 73.27.

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

LTS:0U6C' s Days Sales Outstanding Range Over the Past 10 Years
Min: 53.02 Med: 58.64 Max: 73.72
Current: 73.72

During the past 13 years, Axalta Coating Systems's highest Days Sales Outstanding was 73.72. The lowest was 53.02. And the median was 58.64.

LTS:0U6C's Days Sales Outstanding is ranked worse than
57.96% of 1527 companies
in the Chemicals industry
Industry Median: 63.76 vs LTS:0U6C: 73.72

Axalta Coating Systems's Days Sales Outstanding increased from Mar. 2023 (67.80) to Mar. 2024 (73.27).

Axalta Coating Systems Days Sales Outstanding Historical Data

The historical data trend for Axalta Coating Systems'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.

Axalta Coating Systems Days Sales Outstanding Chart

Axalta Coating Systems Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

59.38

71.13

61.93

62.39

68.73

Axalta Coating Systems 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															67.80	73.32	75.58	74.95	73.27

Competitive Comparison of Axalta Coating Systems's Days Sales Outstanding

For the Specialty Chemicals subindustry, Axalta Coating Systems'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.

Axalta Coating Systems's Days Sales Outstanding Distribution in the Chemicals Industry

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

* The bar in red indicates where Axalta Coating Systems's Days Sales Outstanding falls into.

Axalta Coating Systems 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.

Axalta Coating Systems'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
=	( (909.3	+	1043.1)	/	2 )	/	5184.1	*	365
=	976.2					/	5184.1	*	365
=	68.73

Axalta Coating Systems'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
=	( (1043.1	+	1035)	/	2 )	/	1294	*	365 / 4
=	1039.05					/	1294	*	365 / 4
=	73.27

Axalta Coating Systems (LTS:0U6C) Days Sales Outstanding Explanation

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

Axalta Coating Systems Days Sales Outstanding Related Terms

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

Axalta Coating Systems (LTS:0U6C) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Axalta Coating Systems Ltd (LTS:0U6C) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

AXTA:USA 9AX:Germany

Address

50 Applied Bank Boulevard, Suite 300, Glen Mills, PA, USA, 19342

Website

https://www.axalta.com

Axalta Coating Systems Ltd is a manufacturer, marketer and distributor of high-performance coatings systems. It operates in two segments, The Performance Coatings segment provides liquid and powder coatings solutions to a fragmented and local customer base. Its end markets include refinish and industrial. The Mobility Coatings segment relates to the provision of coating technologies to original equipment manufacturers of light and commercial vehicles. The company operates in the geographic areas of North America, EMEA countries, Asia-Pacific and Latin America.

Axalta Coating Systems (LTS:0U6C) Headlines

No Headlines