Switch to:
PPG Industries, Inc. (NYSE:PPG)
Days Payable
45.97 (As of Dec. 2013)

PPG Industries, Inc.'s payable for the three months ended in Dec. 2013 was $1,870 Mil. PPG Industries, Inc.'s revenue for the three months ended in Dec. 2013 was $3,702 Mil. Hence, PPG Industries, Inc.'s days payable for the three months ended in Dec. 2013 was 45.97.

PPG Industries, Inc.'s days payable declined from Dec. 2012 (47.45) to Dec. 2013 (45.97). It may suggest that PPG Industries, Inc. accelerated paying its suppliers.


Definition

Days Payable indicates the number of days that the account payable relative to revenue the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

PPG Industries, Inc.'s Days Payable for the fiscal year that ended in Dec. 2013 is calculated as

Days Payable=Payable/Revenue*Days in Period
=1870/15108*365
=45.18

PPG Industries, Inc.'s Days Payable for the quarter that ended in Dec. 2013 is calculated as:

Days Payable=Payable/Revenue*Days in Period
=1870/3702*91
=45.97

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

PPG Industries, Inc. Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
DaysPayable 63.3537.4873.7036.7733.7242.2645.7440.7845.6845.18

PPG Industries, Inc. Quarterly Data

Sep11Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13
DaysPayable 0.0043.030.000.000.0047.450.000.000.0045.97
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK
Hide