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Westlake Chemical Corp's account receivable for the three months ended in Sep. 2014 was $563 Mil. Westlake Chemical Corp's revenue for the three months ended in Sep. 2014 was $1,253 Mil. Hence, Westlake Chemical Corp's days sales outstanding for the three months ended in Sep. 2014 was 40.99.
Westlake Chemical Corp's days sales outstanding increased from Sep. 2013 (35.88) to Sep. 2014 (40.99).
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.
Westlake Chemical Corp's Days Sales Outstanding for the fiscal year that ended in Dec. 2013 is calculated as
Westlake Chemical Corp'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.
Westlake Chemical Corp Annual Data
Westlake Chemical Corp Quarterly Data