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AdvanSix (AdvanSix) Days Sales Outstanding : 42.87 (As of Mar. 2024)


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What is AdvanSix Days Sales Outstanding?

AdvanSix's average Accounts Receivable for the three months ended in Mar. 2024 was $158 Mil. AdvanSix's Revenue for the three months ended in Mar. 2024 was $337 Mil. Hence, AdvanSix's Days Sales Outstanding for the three months ended in Mar. 2024 was 42.87.

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

ASIX' s Days Sales Outstanding Range Over the Past 10 Years
Min: 32.28   Med: 38.11   Max: 42.7
Current: 36.62

During the past 11 years, AdvanSix's highest Days Sales Outstanding was 42.70. The lowest was 32.28. And the median was 38.11.

ASIX's Days Sales Outstanding is ranked better than
82.06% of 1527 companies
in the Chemicals industry
Industry Median: 63.99 vs ASIX: 36.62

AdvanSix's Days Sales Outstanding increased from Mar. 2023 (37.60) to Mar. 2024 (42.87).


AdvanSix Days Sales Outstanding Historical Data

The historical data trend for AdvanSix'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.

AdvanSix Days Sales Outstanding Chart

AdvanSix 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 38.16 35.88 32.28 32.60 38.94

AdvanSix 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 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 37.60 32.78 40.12 34.61 42.87

Competitive Comparison of AdvanSix's Days Sales Outstanding

For the Chemicals subindustry, AdvanSix'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.


AdvanSix's Days Sales Outstanding Distribution in the Chemicals Industry

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

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



AdvanSix 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.

AdvanSix'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
=( (171.923 + 155.267) / 2 ) / 1533.599*365
=163.595 / 1533.599*365
=38.94

AdvanSix'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
=( (155.267 + 161.189) / 2 ) / 336.829*365 / 4
=158.228 / 336.829*365 / 4
=42.87

* 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.


AdvanSix  (NYSE:ASIX) Days Sales Outstanding Explanation

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


AdvanSix Days Sales Outstanding Related Terms

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AdvanSix (AdvanSix) Business Description

Traded in Other Exchanges
Address
300 Kimball Drive, Suite 101, Parsippany, NJ, USA, 07054
AdvanSix Inc. is an integrated manufacturer of Nylon 6, a polymer resin and fertilizers. Nylon 6 is a synthetic material used by customers to produce engineered plastics, fibers, filaments, and films, which in turn are used in such end-products as automotive and electronic components, carpets, sports apparel, fishing nets and food and industrial packaging. In addition, it also sells a variety of other products, all of which are produced as part of the Nylon 6 resin manufacturing process including caprolactam, ammonium sulfate fertilizers, and other chemical intermediates. Geographically, the group operates through the United States and its business is also expanding internationally but it derives the majority of its revenue from the United States region.
Executives
Achilles B. Kintiroglou officer: SVP, General Counsel 300 KIMBALL DRIVE, SUITE 101, PARSIPPANY NJ 07054
Christopher Gramm officer: Controller 300 KIMBALL DRIVE, SUITE 101, C/O LEGAL DEPT., PARSIPPANY NJ 07054
Michael Marberry director 3050 SPRUCE STREET, ST. LOUIS MO 63103
Farha Aslam director 1770 N PROMOTORY CIRCLE, GREELEY CO 80634
Gena C Lovett director 11324 FOX CREEK FARM WAY, GREAT FALLS VA 22066
Willem L. Blindenbach officer: VP, Integrated Supply Chain 300 KIMBALL DRIVE, SUITE 101, PARSIPPANY NJ 07054
Kelly Slieter officer: SVP, Chief HR Officer 300 KIMBALL DRIVE, SUITE 101, PARSIPPANY NY 07054
Todd D. Karran director 300 KIMBALL DRIVE, SUITE 101, C/O LEGAL DEPT., PARSIPPANY NJ 07054
Erin N Kane director, officer: Chief Executive Officer 300 KIMBALL DRIVE, SUITE 101, PARSIPPANY NJ 07054
Sharon Spurlin director 333 CLAY ST, SUITE 1600, HOUSTON TX 77002
Patrick Williams director 8310 S. VALLEY HWY, SUITE 350, DENVER CO 80112
Daniel F Sansone director VULCAN MATERIALS COMPANY, 1200 URBAN CENTER DRIVE, BIRMINGHAM AL 35242
Michael Preston officer: SVP & Chief Financial Officer 300 KIMBALL DRIVE, SUITE 101, C/O LEGAL DEPT., PARSIPPANY NJ 07054
Jonathan Bellamy officer: SVP & Chief HR Officer 300 KIMBALL DRIVE, SUITE 101, C/O LEGAL DEPT., PARSIPPANY NJ 07054
John M Quitmeyer officer: SVP, Gen Counsel & Corp Secy 300 KIMBALL DRIVE, SUITE 101, C/O LEGAL DEPT., PARSIPPANY NJ 07054