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Westlake Chemical Corp's account receivable for the three months ended in Mar. 2016 was $451 Mil. Westlake Chemical Corp's revenue for the three months ended in Mar. 2016 was $975 Mil. Hence, Westlake Chemical Corp's days sales outstanding for the three months ended in Mar. 2016 was 42.24.
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 42.05.
Westlake Chemical Corp's days sales outstanding increased from Mar. 2015 (40.27) to Mar. 2016 (42.24).
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. 2014 is calculated as
Westlake Chemical Corp's Days Sales Outstanding for the quarter that ended in Mar. 2016 is calculated as:
* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.
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