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Westlake Chemical Corp's account receivable for the three months ended in Jun. 2014 was $454 Mil. Westlake Chemical Corp's revenue for the three months ended in Jun. 2014 was $999 Mil. Hence, Westlake Chemical Corp's days sales outstanding for the three months ended in Jun. 2014 was 41.40.
Westlake Chemical Corp's days sales outstanding declined from Jun. 2013 (46.09) to Jun. 2014 (41.40).
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. 2012 is calculated as
Westlake Chemical Corp's Days Sales Outstanding for the quarter that ended in Jun. 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