PPG Industries Inc (PPG)
Payables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 9,252,000 | 10,699,000 | 11,096,000 | 10,286,000 | 7,777,000 |
| Payables | US$ in thousands | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $9,252,000K ÷ $—K
= —
Based on the provided data, the payables turnover ratio for PPG Industries Inc was not available for the years presented (2020 to 2024). The payables turnover ratio is a financial metric that measures a company's efficiency in paying its suppliers and managing its accounts payable. Without specific values for the payables turnover ratio, it is challenging to assess PPG Industries Inc's ability to manage its payables effectively during the specified period. Factors such as changes in purchasing terms, payment policies, or supply chain dynamics may have influenced the unavailability of this ratio. A more detailed analysis would require access to additional financial information to evaluate PPG's payables turnover performance over the years in question.
Peer comparison
Dec 31, 2024