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Westlake Chemical Corp's account receivable for the three months ended in Jun. 2016 was $493 Mil. Westlake Chemical Corp's revenue for the three months ended in Jun. 2016 was $1,086 Mil. Hence, Westlake Chemical Corp's days sales outstanding for the three months ended in Jun. 2016 was 41.43.
During the past 13 years, Westlake Chemical Corp's highest Days Sales Outstanding was 58.02. The lowest was 34.33. And the median was 40.23.
Westlake Chemical Corp's days sales outstanding declined from Jun. 2015 (44.32) to Jun. 2016 (41.43).
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. 2015 is calculated as
Westlake Chemical Corp's Days Sales Outstanding for the quarter that ended in Jun. 2016 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