PPG Industries Inc (PPG)
Payables turnover
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 9,551,000 | 10,672,000 | 10,761,000 | 10,738,000 | 10,745,000 | 10,837,000 | 10,906,000 | 10,994,000 | 11,096,000 | 11,165,000 | 11,077,000 | 10,752,000 | 10,286,000 | 9,734,000 | 9,027,000 | 8,101,000 | 7,777,000 | 7,748,000 | 7,903,000 | 8,488,000 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $9,551,000K ÷ $—K
= —
The payables turnover ratio for PPG Industries Inc has been inconsistent and unavailable for analysis based on the data provided. The lack of data points for payables turnover from March 2020 to December 2024 prevents us from evaluating how efficiently the company is managing its accounts payable.
A payables turnover ratio is used to assess how effectively a company is managing its suppliers and paying off its short-term debts. A higher payables turnover ratio typically indicates that the company is paying its suppliers more quickly, while a lower ratio suggests that the company is taking longer to pay its obligations.
Without specific values for the payables turnover ratio over the given periods, it is challenging to determine if PPG Industries Inc is improving its payables management or if there are any trends in how it handles its accounts payable balance. The lack of data underscores the importance of having consistent financial information to conduct a thorough financial analysis.
Peer comparison
Dec 31, 2024