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Ercros (XMAD:ECR) Days Sales Outstanding : 65.00 (As of Sep. 2023)


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What is Ercros Days Sales Outstanding?

Ercros's average Accounts Receivable for the three months ended in Sep. 2023 was €111.2 Mil. Ercros's Revenue for the three months ended in Sep. 2023 was €156.2 Mil. Hence, Ercros's Days Sales Outstanding for the three months ended in Sep. 2023 was 65.00.

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

XMAD:ECR' s Days Sales Outstanding Range Over the Past 10 Years
Min: 36.14   Med: 60.26   Max: 75.53
Current: 54.13

During the past 13 years, Ercros's highest Days Sales Outstanding was 75.53. The lowest was 36.14. And the median was 60.26.

XMAD:ECR's Days Sales Outstanding is ranked better than
61.69% of 1527 companies
in the Chemicals industry
Industry Median: 63.76 vs XMAD:ECR: 54.13

Ercros's Days Sales Outstanding increased from Sep. 2022 (53.21) to Sep. 2023 (65.00).


Ercros Days Sales Outstanding Historical Data

The historical data trend for Ercros'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.

Ercros Days Sales Outstanding Chart

Ercros Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 50.48 45.77 36.70 36.14 50.84

Ercros 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 Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 44.25 41.21 48.22 65.00 -

Competitive Comparison of Ercros's Days Sales Outstanding

For the Chemicals subindustry, Ercros'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.


Ercros's Days Sales Outstanding Distribution in the Chemicals Industry

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

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



Ercros 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.

Ercros's Days Sales Outstanding for the fiscal year that ended in Dec. 2022 is calculated as

Days Sales Outstanding (A: Dec. 2022 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2021 ) + Accounts Receivable (A: Dec. 2022 )) / count ) / Revenue (A: Dec. 2022 )*Days in Period
=( (99.232 + 98.507) / 2 ) / 998.532*365
=98.8695 / 998.532*365
=36.14

Ercros's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding (Q: Sep. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Jun. 2023 ) + Accounts Receivable (A: Sep. 2023 )) / count ) / Revenue (A: Sep. 2023 )*Days in Period
=( (111.239 + 0) / 1 ) / 156.156*365 / 4
=111.239 / 156.156*365 / 4
=65.00

* 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.


Ercros  (XMAD:ECR) Days Sales Outstanding Explanation

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


Ercros Days Sales Outstanding Related Terms

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Ercros (XMAD:ECR) Business Description

Traded in Other Exchanges
Address
Avinguda Diagonal, 593-595, Barcelona, ESP, 08014
Ercros SA is a chemical manufacturing company operating in basic and plastic chemicals divisions, intermediate chemicals division, and pharmaceuticals division. The company's product portfolio includes Caustic soda, Hydrochloric acid, Sodium chloride, Sodium hypochlorite, Glues and resins, Moulding compounds, Pentaerythritol, Erythromycin, Fosfomycin, Fusidic acid, among others. Its products are supplied to various industries including the chemical industry, construction, wood industry, paints, food industry, pharmaceuticals, electric material, and water treatment. The majority of the revenue is derived from the sale of basic chemicals in the local markets.

Ercros (XMAD:ECR) Headlines

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