Chemicals
Working capital
AI Startup Raises $110m to Help Customers to Kill Its Own Category
Read more

Chemical Working Capital: Q2 2024 Report Overview

Book a free consultation with Daylit to learn how chemical companies are shortening cash conversion cycles by reducing inventory levels, extending vendor payment terms, and accelerating customer collections.

Jared Shulman
April 10, 2024

This page introduces Daylit’s Q2 2024 working-capital discussion for chemical companies. It focuses on receivables, inventory and supplier terms. Historical results should be read in the context of the report’s period and sample, not as current industry benchmarks.

Book a free consultation with Daylit to learn how chemical companies are shortening cash conversion cycles by reducing inventory levels, extending vendor payment terms, and accelerating customer collections.

(Our session provides insights into key metrics like Days Sales Outstanding (DSO), Days Inventory Outstanding (DIO), and Days Payables Outstanding (DPO).)

{{book-a-free-consultation-with-daylit}}

Further reading

Industry and regional differences matter when interpreting working capital benchmarks. See PwC’s analysis.

Related guidance: Chemical Distributors: Accounts Receivable and DSO; Chemical Working Capital Benchmarks: Q2 2024.

References

Insights

You might also like...

Daylit vs. Oddr: Which One Moves a Law Firm's Collection Cycle Faster?
Oddr and Daylit both sell AI to law firm billing and collections teams, but they go after different halves of the revenue cycle. Here's how each one handles billing, disputes, and collection, using only what each has published.
Read more
Daylit vs. Oddr: Which One Moves a Law Firm's Collection Cycle Faster?
Report
Your AR Inbox Isn't Slow. It's a Trust Problem.
Automated replies aren't risky because the AI sounds robotic. They're risky because you don't know what they'll say. Here's how Daylit lets AI answer routine customer emails from your own templates, checked again before every send.
Read more
Your AR Inbox Isn't Slow. It's a Trust Problem.
Accounts Receivable Automation
Daylit vs. Monk: Collection Automation Compared for Mid-Market Teams
Monk and Daylit both go live in days and both pause follow-ups on disputed invoices. Here's where the two actually split: on what gets measured, how disputes get worked, and cash that can't wait for the customer.
Read more
Daylit vs. Monk: Collection Automation Compared for Mid-Market Teams
Report
Book a free consultation with Daylit

Learn how to shorten your cash conversion cycle by reducing inventory levels, extending vendor payment terms, and accelerating customer collections.

Button
Button