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Danimer Scientific (STU:6CU) Days Sales Outstanding : 122.32 (As of Mar. 2024)


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What is Danimer Scientific Days Sales Outstanding?

Danimer Scientific's average Accounts Receivable for the three months ended in Mar. 2024 was €12.61 Mil. Danimer Scientific's Revenue for the three months ended in Mar. 2024 was €9.41 Mil. Hence, Danimer Scientific's Days Sales Outstanding for the three months ended in Mar. 2024 was 122.32.

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

STU:6CU' s Days Sales Outstanding Range Over the Past 10 Years
Min: 43.84   Med: 73.79   Max: 129.85
Current: 111.92

During the past 5 years, Danimer Scientific's highest Days Sales Outstanding was 129.85. The lowest was 43.84. And the median was 73.79.

STU:6CU's Days Sales Outstanding is ranked worse than
86.69% of 1525 companies
in the Chemicals industry
Industry Median: 64.02 vs STU:6CU: 111.92

Danimer Scientific's Days Sales Outstanding declined from Mar. 2023 (131.10) to Mar. 2024 (122.32).


Danimer Scientific Days Sales Outstanding Historical Data

The historical data trend for Danimer Scientific'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.

Danimer Scientific Days Sales Outstanding Chart

Danimer Scientific Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
53.78 45.58 72.33 116.82 131.92

Danimer Scientific Quarterly Data
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 131.10 103.83 105.13 116.38 122.32

Competitive Comparison of Danimer Scientific's Days Sales Outstanding

For the Specialty Chemicals subindustry, Danimer Scientific'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.


Danimer Scientific's Days Sales Outstanding Distribution in the Chemicals Industry

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

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



Danimer Scientific 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.

Danimer Scientific'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
=( (16.982 + 13.963) / 2 ) / 42.809*365
=15.4725 / 42.809*365
=131.92

Danimer Scientific'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
=( (13.963 + 11.254) / 2 ) / 9.406*365 / 4
=12.6085 / 9.406*365 / 4
=122.32

* 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.


Danimer Scientific  (STU:6CU) Days Sales Outstanding Explanation

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


Danimer Scientific Days Sales Outstanding Related Terms

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Danimer Scientific (STU:6CU) Business Description

Traded in Other Exchanges
Address
140 Industrial Boulevard, Bainbridge, GA, USA, 39817
Danimer Scientific Inc creates more sustainable, more natural ways to make plastic products sold under the proprietary Nodax brand name. The company's renewable and sustainable biopolymers have helped create plastic products that are 100% biodegradable and compostable. Danimer Scientific's products return to nature instead of polluting lands and waters. Its technology can be found in a vast array of plastic end-use products that people use every day. Applications for its biopolymers include additives, aqueous coatings, fibers, filaments, films, and injection-molded articles, among others. The company holds more than 470 patents and pending patent applications in nearly 20 countries for a range of manufacturing processes and biopolymer formulations.

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