PPG Industries Inc (PPG)
Receivables 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 15,845,000 | 18,030,000 | 18,099,000 | 18,177,000 | 18,246,000 | 18,081,000 | 17,905,000 | 17,724,000 | 17,652,000 | 17,657,000 | 17,561,000 | 17,229,000 | 16,802,000 | 16,369,000 | 15,682,000 | 14,338,000 | 13,834,000 | 13,749,000 | 13,890,000 | 14,899,000 |
| Receivables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $15,845,000K ÷ $—K
= —
Based on the provided data, the receivables turnover ratio for PPG Industries Inc is not available for the periods outlined from March 31, 2020 to December 31, 2024. The lack of specific values indicates that there is either missing or unavailable data for the calculation of the receivables turnover ratio during these periods.
Receivables turnover ratio is a financial metric that measures the efficiency with which a company collects outstanding receivables from its customers during a specific period. A higher receivables turnover ratio is generally considered favorable as it implies that the company is able to collect its outstanding receivables more quickly.
Without the actual receivables turnover figures, it is difficult to assess PPG Industries Inc's effectiveness in managing its accounts receivables and the efficiency in collecting payments from customers over the specified time frame. It is important to consider this ratio along with other financial indicators to gain a comprehensive understanding of the company's overall financial performance and liquidity management.
Peer comparison
Dec 31, 2024