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Chemical Working Capital Benchmarks: Q2 2024

The chemical industry is experiencing a notable contraction, with an 8% year-over-year sales decline driven by economic uncertainties and shifting market demands.

Jared Shulman
July 20, 2024

Daylit’s Q2 2024 chemical-industry report discusses receivables, inventory and supplier terms. Its historical sample should not be treated as a current industry benchmark.

Our analysis includes an index based on the top 25 publicly traded chemical companies within the S&P 1500, providing insights into key metrics like Days Sales Outstanding (DSO), Days Inventory Outstanding (DIO), and Days Payables Outstanding (DPO). Highlighting the successes of industry leaders such as WD-40 and Scotts Miracle-Gro, as well as the challenges faced by FMC Corporation, this report offers valuable lessons in effective working capital management. Download the full report to uncover in-depth strategies and performance analyses that can help your company navigate the current economic landscape and optimize its financial practices.

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Further reading

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

Related guidance: Chemical Working Capital: Q2 2024 Report Overview; Chemical Distributor Working Capital: The Plaza Group.

References

Insights

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