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PPG Industries Inc's account receivable for the three months ended in Sep. 2014 was $2,968 Mil. PPG Industries Inc's revenue for the three months ended in Sep. 2014 was $3,935 Mil. Hence, PPG Industries Inc's days sales outstanding for the three months ended in Sep. 2014 was 68.83.
PPG Industries Inc's days sales outstanding declined from Sep. 2013 (75.49) to Sep. 2014 (68.83).
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. 2013 is calculated as
PPG Industries Inc's Days Sales Outstanding for the quarter that ended in Sep. 2014 is calculated as:
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
PPG Industries Inc Annual Data
PPG Industries Inc Quarterly Data