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PPG Industries Inc (NYSE:PPG)
Days Sales Outstanding
71.33 (As of Sep. 2016)

PPG Industries Inc's account receivable for the three months ended in Sep. 2016 was $2,962 Mil. PPG Industries Inc's revenue for the three months ended in Sep. 2016 was $3,789 Mil. Hence, PPG Industries Inc's days sales outstanding for the three months ended in Sep. 2016 was 71.33.

PPG' s Days Sales Outstanding Range Over the Past 10 Years
Min: 56.22   Max: 78.37
Current: 71.03

56.22
78.37

During the past 13 years, PPG Industries Inc's highest Days Sales Outstanding was 78.37. The lowest was 56.22. And the median was 68.48.

PPG's Days Sales Outstanding is ranked lower than
61% of the 862 Companies
in the Global Specialty Chemicals industry.

( Industry Median: 59.57 vs. PPG: 71.03 )

PPG Industries Inc's days sales outstanding declined from Sep. 2015 (72.16) to Sep. 2016 (71.33).


Definition

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 receivables are being managed.

Account receivable can be measured by Days Sales Outstanding.

PPG Industries Inc's Days Sales Outstanding for the fiscal year that ended in Dec. 2014 is calculated as

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=2366/15360*365
=56.22

PPG Industries Inc's Days Sales Outstanding for the quarter that ended in Sep. 2016 is calculated as:

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=2962/3789*365 / 4
=71.33

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.


Related Terms

Account Receivable, Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

PPG Industries Inc Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysSalesOutstanding 74.6275.3364.5878.3775.5469.4067.5559.1756.2257.45

PPG Industries Inc Quarterly Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
DaysSalesOutstanding 71.1868.8358.2473.7873.1372.1659.5777.1869.7871.33
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