WLKP has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
WLKP has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
Westlake Chemical Partners LP's change in receivables for the quarter that ended in Dec. 2024 was $30 Mil. It means Westlake Chemical Partners LP's Accounts Receivable declined by $30 Mil from Sep. 2024 to Dec. 2024 .
Westlake Chemical Partners LP's change in receivables for the fiscal year that ended in Dec. 2024 was $33 Mil. It means Westlake Chemical Partners LP's Accounts Receivable declined by $33 Mil from Dec. 2023 to Dec. 2024 .
Westlake Chemical Partners LP's Accounts Receivable for the quarter that ended in Dec. 2024 was $12 Mil.
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 Receivable are being managed. Westlake Chemical Partners LP's Days Sales Outstanding for the three months ended in Dec. 2024 was 3.64.
In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Westlake Chemical Partners LP's liquidation value for the three months ended in Dec. 2024 was $-390 Mil.
The historical data trend for Westlake Chemical Partners LP's Change In Receivables can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Westlake Chemical Partners LP Annual Data | |||||||||||||||||||||
Trend | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | Dec24 | |||||||||||
Change In Receivables | Get a 7-Day Free Trial |
![]() |
![]() |
-72.93 | -26.29 | 59.76 | 28.66 | 32.96 |
Westlake Chemical Partners LP Quarterly Data | ||||||||||||||||||||
Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | Dec24 | |
Change In Receivables | Get a 7-Day Free Trial |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
3.54 | -5.03 | 5.14 | 2.96 | 29.88 |
Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.
Change In Receivables for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $33 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Westlake Chemical Partners LP (NYSE:WLKP) Change In Receivables Explanation
1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. 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 Receivable are being managed.
Westlake Chemical Partners LP's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:
Days Sales Outstanding | |||||
= | Accounts Receivable | / | Revenue | * | Days in Period |
= | 11.576 | / | 290.06 | * | 91 |
= | 3.64 |
2. In Ben Graham's calculation of liquidation value, Westlake Chemical Partners LP's accounts receivable are only considered to be worth 75% of book value:
Westlake Chemical Partners LP's liquidation value for the quarter that ended in Dec. 2024 is calculated as:
Liquidation Value | |||||||
= | Cash, Cash Equivalents, Marketable Securities | - | Total Liabilities | + | (0.75 * Accounts Receivable) | + | (0.5 * Total Inventories) |
= | 58.316 | - | 458.642 | + | 0.75 * 11.576 | + | 0.5 * 4.058 |
= | -390 |
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Thank you for viewing the detailed overview of Westlake Chemical Partners LP's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.
Andrew Kenner | officer: SVP, Olefin Material & Corp Pr | 2801 POST OAK BLVD, SUITE 600, HOUSTON TX 77056 |
Randy Woelfel | director | 3411-3433 W. EL SEGUNDO BLVD., HAWTHORNE CA 90250 |
G Stephen Finley | director | 9320 LAKESIDE BOULEVARD, SUITE 100, THE WOODLANDS TX 77381 |
Lisa A. Friel | director | 2611 PLUM HOLLOW, SAN ANTONIO TX 78258 |
James Chao | director, 10 percent owner | 2801 POST OAK BLVD, SUITE 600, HOUSTON TX 77056 |
Thomas J. Janssens | officer: VP, Olefins Feedstock & Energy | 2801 POST OAK BLVD., SUITE 600, HOUSTON TX 77056 |
Johnathan Stevan Zoeller | officer: VP and CAO | 2801 POST OAK BLVD., SUITE 600, HOUSTON TX 77056 |
Albert Chao | director, 10 percent owner, officer: President & CEO | 2801 POST OAK BLVD, SUITE 600, HOUSTON TX 77056 |
L. Benjamin Ederington | director, officer: VP, General Counsel | 2801 POST OAK BLVD, SUITE 600, HOUSTON TX 77056 |
Mark Steven Bender | director, officer: Sr VP, CFO | 2801 POST OAK BLVD, SUITE 600, HOUSTON TX 77056 |
Lawrence E. Teel | officer: SVP, Olefins | 2801 POST OAK BLVD, SUITE 600, HOUSTON TX 77056 |
Ttwfgp Llc | 10 percent owner | 2801 POST OAK BLVD, SUITE 600, HOUSTON TX 77056 |
David Lumpkins | director | 600 TRAVIS STREET, SUITE 3250, HOUSTON TX 77002 |
Angela A Minas | director | 3262 WESTHEIMER ROAD #627, HOUSTON TX 77098 |
Blackstone Securities Partners L.p. | 10 percent owner | 345 PARK AVENUE, NEW YORK NY 10154-0191 |
From GuruFocus
By Business Wire • 01-27-2025
By GuruFocus Research • 08-07-2024
By GuruFocus Research • 08-07-2024
By Business Wire • 03-14-2024
By GuruFocus News • 11-04-2024
By Business Wire • 02-24-2025
By GuruFocus Research • 05-02-2024
By Business Wire • 05-31-2024
By Business Wire • 04-30-2024
By GuruFocus News • 11-06-2024
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.