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Westlake Chemical Corp's accounts payable for the three months ended in Sep. 2014 was $263 Mil. Westlake Chemical Corp's cost of goods sold for the three months ended in Sep. 2014 was $892 Mil. Hence, Westlake Chemical Corp's days accounts payable for the three months ended in Sep. 2014 was 26.95.
Westlake Chemical Corp's days accounts payable declined from Sep. 2013 (33.66) to Sep. 2014 (26.95). It may suggest that Westlake Chemical Corp accelerated paying its suppliers.
Days Accounts Payable indicates the number of days that the accounts payable relative to cost of goods sold the company has. An increase of Days Accounts Payable may suggest that the company delays paying its suppliers.
Westlake Chemical Corp's Days Accounts Payable for the fiscal year that ended in Dec. 2013 is calculated as
Westlake Chemical Corp's Days Accounts Payable for the quarter that ended in Sep. 2014 is calculated as:
Westlake Chemical Corp Annual Data
|Days Accts Payable||31.87||36.51||41.77||39.36||11.37||30.69||27.79||27.07||27.95||34.28|
Westlake Chemical Corp Quarterly Data
|Days Accts Payable||26.69||28.04||32.43||33.25||33.87||33.66||34.72||26.11||28.93||26.95|