PPG Industries (PPG Industries) Change In Receivables : $-57 Mil (TTM As of Mar. 2024)

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What is PPG Industries Change In Receivables?

PPG Industries's change in receivables for the quarter that ended in Mar. 2024 was $-344 Mil. It means PPG Industries's Accounts Receivable increased by $344 Mil from Dec. 2023 to Mar. 2024 .

PPG Industries's change in receivables for the fiscal year that ended in Dec. 2023 was $10 Mil. It means PPG Industries's Accounts Receivable declined by $10 Mil from Dec. 2022 to Dec. 2023 .

PPG Industries's Accounts Receivable for the quarter that ended in Mar. 2024 was $3,581 Mil.

Days Sales Outstanding measures of 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. PPG Industries's Days Sales Outstanding for the three months ended in Mar. 2024 was 75.80.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. PPG Industries's liquidation value for the three months ended in Mar. 2024 was $-8,655 Mil.

PPG Industries Change In Receivables Historical Data

The historical data trend for PPG Industries's Change In Receivables 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.

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PPG Industries Change In Receivables Chart

PPG Industries Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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121.00

187.00

-63.00

-268.00

10.00

PPG Industries Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															-277.00	-251.00	170.00	368.00	-344.00

PPG Industries Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-57 Mil.

PPG Industries (NYSE:PPG) Change In Receivables Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of 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.

PPG Industries's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	3581	/	4311	*	91
=	75.80

2. In Ben Graham's calculation of liquidation value, PPG Industries's accounts receivable are only considered to be worth 75% of book value:

PPG Industries's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	1235	-	13741	+	0.75 * 3581	+	0.5 * 2331
=	-8,655

PPG Industries Change In Receivables Related Terms

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PPG Industries (PPG Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » PPG Industries Inc (NYSE:PPG) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

PPG:Mexico PPQ:Germany

Address

One PPG Place, Pittsburgh, PA, USA, 15272

Website

https://www.ppg.com

PPG is a global producer of coatings. The company is the world's largest producer of coatings after the purchase of selected Akzo Nobel assets. PPG's products are sold to a wide variety of end users, including the automotive, aerospace, construction, and industrial markets. The company has a footprint in many regions around the globe, with less than half of sales coming from North America in recent years. PPG is focused on its coatings and specialty products and expansion into emerging regions, as exemplified by the Comex acquisition.

Executives

Iii Chris Roberts	director	1716 LOCUST ST. LS-175, 7TH FLOOR, DES MOINES IA 50309
Vincent J Morales	officer: Senior VP & CFO	PPG INDUSTRIES, INC., ONE PPG PLACE, PITTSBURGH PA 15272
Michael H Mcgarry	officer: Senior Vice President	PPG INDUSTRIES, INC., ONE PPG PLACE, PITTSBURGH PA 15272
Chancey E. Hagerty	officer: Sr. VP, Auto. Refinish Ctgs.	PPG INDUSTRIES, INC., ONE PPG PLACE, PITTSBURGH PA 15272
Karl Henrik Bergstrom	officer: Sr.VP, Arch Ctgs LA, EMEA, AP	PPG INDUSTRIES, INC., ONE PPG PLACE, PITTSBURGH PA 15272
Kevin D. Braun	officer: Sr. VP, Industrial Coatings	PPG INDUSTRIES, INC., ONE PPG PLACE, PITTSBURGH PA 15272
Anne M. Foulkes	officer: Sr. VP, Gen. Counsel & Secrtry	PPG INDUSTRIES, INC., ONE PPG PLACE, PITTSBURGH PA 15272
Rebecca B. Liebert	officer: Sr. VP, Automotive Coatings	PPG INDUSTRIES, INC., ONE PPG PLACE, PITTSBURGH PA 15272
Brian Richard Williams	officer: Acting Controller	ONE PPG PLACE, PITTSBURGH PA 15272
Timothy M Knavish	officer: Sr. VP, Automotive Coatings	PPG INDUSTRIES, INC., ONE PPG PLACE, PITTSBURGH PA 15272
Guillermo Novo	director	AIR PRODUCTS AND CHEMICALS, INC., 7201 HAMILTON BOULEVARD, ALLENTOWN PA 18195
Michael Nally	director	2000 GALLOPING HILL ROAD, KENILWORTH NJ 07033
William E Schaupp	officer: Assistant Controller (PAO)	PPG INDUSTRIES, INC., ONE PPG PLACE, PITTSBURGH PA 15272
Kathleen Ligocki	director	3296 PINE LAKE ROAD, WEST BLOOMFIELD MI 48324
Vadlamannati Ramaprasad	officer: Sr. VP, Protect. & Marine Ctgs	PPG INDUSTRIES, INC., ONE PPG PLACE, PITTSBURGH PA 15272