PPG Industries Inc (PPG)
Number of days of payables
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |
| Number of days of payables | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —
The data provided for PPG Industries Inc's number of days of payables shows that the specific figures are not available ("— days") for each reporting period from March 31, 2020, to December 31, 2024.
The number of days of payables is a key financial metric that indicates how long, on average, a company takes to pay its suppliers. A longer number of days of payables may suggest that the company is taking longer to settle its outstanding payables, which could potentially indicate financial distress or a strategic extension of payment terms to manage cash flow efficiency. On the other hand, a shorter number of days of payables could imply that the company is efficiently managing its payables and could even be taking advantage of discounts for early payment.
Without specific data on PPG Industries Inc's number of days of payables, it is challenging to provide a detailed analysis of this metric for the company. However, monitoring changes in this ratio over time and comparing it to industry benchmarks would be crucial for assessing the company's financial health and efficiency in managing its payables.
Peer comparison
Dec 31, 2024