Albemarle (Albemarle) Days Sales Outstanding

: 46.32 (As of Dec. 2023)

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Albemarle's average Accounts Receivable for the three months ended in Dec. 2023 was $1,196 Mil. Albemarle's Revenue for the three months ended in Dec. 2023 was $2,356 Mil. Hence, Albemarle's Days Sales Outstanding for the three months ended in Dec. 2023 was 46.32.

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

ALB' s Days Sales Outstanding Range Over the Past 10 Years
Min: 43.58 Med: 60.44 Max: 66.7
Current: 47.66

During the past 13 years, Albemarle's highest Days Sales Outstanding was 66.70. The lowest was 43.58. And the median was 60.44.

ALB's Days Sales Outstanding is ranked better than
69.33% of 1526 companies
in the Chemicals industry
Industry Median: 63.605 vs ALB: 47.66

Albemarle's Days Sales Outstanding increased from Dec. 2022 (38.75) to Dec. 2023 (46.32).

Albemarle Days Sales Outstanding Historical Data

The historical data trend for Albemarle'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.

Albemarle Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

61.95

66.70

59.65

43.58

45.62

Albemarle Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding																38.75	44.96	51.90	49.82	46.32

Competitive Comparison

For the Specialty Chemicals subindustry, Albemarle'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.

Albemarle Days Sales Outstanding Distribution

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

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

Albemarle 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.

Albemarle'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
=	( (1190.97	+	1213.16)	/	2 )	/	9617.203	*	365
=	1202.065					/	9617.203	*	365
=	45.62

Albemarle'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: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (1179.012	+	1213.16)	/	2 )	/	2356.165	*	365 / 4
=	1196.086					/	2356.165	*	365 / 4
=	46.32

Albemarle (NYSE:ALB) Days Sales Outstanding Explanation

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

Albemarle Days Sales Outstanding Related Terms

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Albemarle (Albemarle) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Albemarle Corp (NYSE:ALB) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

ALB:Mexico AMC:Germany AMC:Germany AMC:Germany AMC:Germany A1LB34:Brazil ALBE:Austria

Address

4250 Congress Street, Suite 900, Charlotte, NC, USA, 28209

Website

https://www.albemarle.com

Albemarle is one of the world's largest lithium producers. In the lithium industry, the majority of demand comes from batteries, where lithium is used as the energy storage material, particularly in electric vehicles. Albemarle is a fully integrated lithium producer. Its upstream resources include salt brine deposits in Chile and the U.S. and two hard rock mines in Australia, both of which are joint ventures. The company operates lithium refining plants in Chile, the U.S., Australia, and China. Albemarle is a global leader in the production of bromine, used in flame retardants. It is also a major producer of oil refining catalysts.

Executives

Kristin M Coleman	officer: EVP, General Counsel	140 HAZEL AVE., GLENCOE IL 60022
Neal Ravi Sheorey	officer: Chief Financial Officer	4250 CONGRESS STREET, SUITE 900, CHARLOTTE NC 28209
Michael James Simmons	officer: President - Ketjen	301 COMMERCE STREET, SUITE 3200, FORT WORTH TX 76102
Eric Norris	officer: President, Lithium	1519 AUDUBON ROAD, CHARLOTTE NC 28211
J Kent Masters	director	ALBEMARLE CORP., 451 FLORIDA ST, BATON ROUGE LA 70801
Sean B. O'hollaren	officer: Chief External Affairs Officer	4250 CONGRESS STREET, SUITE 900, CHARLOTTE NC 28209
Jacobus G. Fourie	officer: Chief Capital Projects Officer	4250 CONGRESS STREET, SUITE 900, CHARLOTTE NC 28209
Scott Tozier	officer: EVP & CFO	ALBEMARLE CORP, 4250 CONGRESS ST STE 900, CHARLOTTE NC 28209
Karen G Narwold	officer: EVP, Chief Admin Officer	ALBEMARLE CORPORATION, 4250 CONGRESS ST, SUITE 900, CHARLOTTE NC 28209
Raphael Goszcz Crawford	officer: President, Catalysts	4311 GREENBRIAR HILLS PLANTATION RD, CHARLOTTE NC 28277
Ralf Hans Cramer	director	MIERENDORSFSTRASSE 26, BENSHEIM 2M 64625
Netha N. Johnson	officer: President, Bromine Specialties	3489 CRESTMOOR DRIVE, WOODBURY MN 55125
Barichivich John Clarence Iii	officer: VP, Controller & CAO	4250 CONGRESS ST., SUITE 900, CHARLOTTE NC 28209
Kissam Luther C Iv	director, officer: Chairman, President & CEO	3801 BERESFORD ROAD, CHARLOTTE NC 28211
Melissa H. Anderson	officer: SVP, Chief HR Officer	ALBEMARLE CORPORATION, 4250 CONGRESS ST. SUITE 900, CHARLOTTE NC 28209