Sika AG (XSWX:SIKA) Days Sales Outstanding

: 68.90 (As of Dec. 2023)

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Sika AG's average Accounts Receivable for the six months ended in Dec. 2023 was CHF2,225 Mil. Sika AG's Revenue for the six months ended in Dec. 2023 was CHF5,893 Mil. Hence, Sika AG's Days Sales Outstanding for the six months ended in Dec. 2023 was 68.90.

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

XSWX:SIKA' s Days Sales Outstanding Range Over the Past 10 Years
Min: 57.34 Med: 63.77 Max: 67.18
Current: 66.79

During the past 13 years, Sika AG's highest Days Sales Outstanding was 67.18. The lowest was 57.34. And the median was 63.77.

XSWX:SIKA's Days Sales Outstanding is ranked worse than
52.88% of 1526 companies
in the Chemicals industry
Industry Median: 63.605 vs XSWX:SIKA: 66.79

Sika AG's Days Sales Outstanding increased from Dec. 2022 (64.71) to Dec. 2023 (68.90).

Sika AG Days Sales Outstanding Historical Data

The historical data trend for Sika AG'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.

Sika AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

62.22

64.95

57.96

57.34

60.55

Sika AG 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																62.78	62.12	64.71	71.01	68.90

Competitive Comparison

For the Specialty Chemicals subindustry, Sika AG'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.

Sika AG Days Sales Outstanding Distribution

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

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

Sika AG 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.

Sika AG'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
=	( (1719.6	+	2009.1)	/	2 )	/	11238.6	*	365
=	1864.35					/	11238.6	*	365
=	60.55

Sika AG'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
=	( (2440.5	+	2009.1)	/	2 )	/	5893.1	*	365 / 2
=	2224.8					/	5893.1	*	365 / 2
=	68.90

Sika AG (XSWX:SIKA) Days Sales Outstanding Explanation

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

Sika AG Days Sales Outstanding Related Terms

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Sika AG (XSWX:SIKA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Sika AG (XSWX:SIKA) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

SXYAY:USA SKFOF:USA SIKA:Mexico SIKAz:UK 0Z4C:UK SIKB:Germany

Address

Zugerstrasse 50, Baar, CHE, 6340

Website

https://www.sika.com

Sika AG manufactures and sells specialty chemical-based products. The majority of the company's revenue comes from the construction industry. Sika's products are used mainly for bonding, sealing, damping, reinforcing, and protecting in the building and motor vehicle industries. The firm produces additives for concrete, cement, and mortar production, waterproofing systems, roof waterproofing, flooring solutions, sealants, adhesive tapes, assembly foams and elastic adhesives for facade construction, interior and infrastructure construction, as well as concrete protection and repair solutions. The company's reportable segments are based on geography: EMEA, the Americas; Asia-Pacific; and global business. The EMEA segment generates the majority of revenue.

Sika AG (XSWX:SIKA) Headlines

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