BLD has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
BLD has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
Accounts Receivable are created when a customer has received a product but has not yet paid for that product. TopBuild's accounts receivables for the quarter that ended in Dec. 2023 was $799 Mil.
Accounts receivable can be measured by Days Sales Outstanding. TopBuild's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 56.69.
In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. TopBuild's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-30.49.
The historical data trend for TopBuild's Accounts Receivable 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.
TopBuild Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Accounts Receivable | Get a 7-Day Free Trial | 428.84 | 427.34 | 668.42 | 836.07 | 799.01 |
TopBuild Quarterly Data | ||||||||||||||||||||
Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | |
Accounts Receivable | Get a 7-Day Free Trial | 836.07 | 833.96 | 857.66 | 870.89 | 799.01 |
Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.
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 receivables are being managed.
TopBuild's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:
Days Sales Outstanding | |||||
= | Accounts Receivable | / | Revenue | * | Days in Period |
= | 799.009 | / | 1286.074 | * | 91 |
= | 56.69 |
2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), TopBuild's accounts receivable are only considered to be worth 75% of book value:
TopBuild's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is calculated as:
Net-Net Working Capital Per Share | |||||||
= | (Cash And Cash Equivalents | + | 0.75 * Accounts Receivable | + | 0.5 * Total Inventories | - | Total Liabilities |
- | Preferred Stock | - | Minority Interest) | / | Shares Outstanding (EOP) | ||
= | (848.565 | + | 0.75 * 799.009 | + | 0.5 * 364.731 | - | 2599.196 |
- | 0 | - | 0) | / | 31.776 | ||
= | -30.49 |
* 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.
Be Aware
Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.
If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.
Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.
Thank you for viewing the detailed overview of TopBuild's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.
Robert M Buck | officer: President & COO | 260 JIMMY ANN DRIVE, DAYTONA BEACH FL 32114 |
Luis Francisco Machado | officer: VP, Gen. Counsel, Corp Sec. | 1142 W. BEARDSLEY AVENUE, ELKHART IN 46514 |
Steven P Raia | officer: President, TruTeam Operations | 475 NORTH WILLIAMSON BLVD, DAYTONA BEACH FL 32114 |
Robert Jeffrey Franklin | officer: President, Service Partners | 475 NORTH WILLIAMSON BLVD, DAYTONA BEACH FL 32114 |
Tina Donikowski | director | 1625 SHARP POINT DRIVE, FORT COLLINS CO 80525 |
Joey M Viselli | officer: Vice President and COO | 475 NORTH WILLIAMSON BLVD, DAYTONA BEACH FL 32114 |
Deirdre Drake | director | 8410 W. BRYN MAWR AVE, CHICAGO IL 60631 |
Carrie Gamble Wood | officer: Chief Accounting Officer | 475 NORTH WILLIAMSON BLVD, DAYTONA BEACH FL 32114 |
John S. Peterson | officer: VP & CFO | 260 JIMMY ANN DRIVE, DAYTONA BEACH FL 32114 |
Ernesto Iii Bautista | director | 575 N DAIRY ASHFORD, SUITE 300, HOUSTON TX 77079 |
Carl T Camden | director | 999 WEST BIG BEAVER ROAD, TROY MI 48084 |
Alec C Covington | director | C/O NASH FINCH COMPANY, 7600 FRANCE AVENUE SOUTH, MINNEAPOLIS MN 55435 |
Nancy M Taylor | director | TREDEGAR CORP, 1100 BOULDERS PARKWAY, RICHMOND VA 23219 |
Mark A Petrarca | director | A. O. SMITH CORPORATION, 11270 WEST PARK PLACE, MILWAUKEE WI 53224 |
Robert M Kuhns | officer: Vice President, Controller | C/O TOPBUILD CORP., 475 NORTH WILLIAMSON BLVD., DAYTONA BEACH FL 32114 |
From GuruFocus
By Marketwired • 08-29-2023
By PurpleRose PurpleRose • 08-04-2022
By PurpleRose PurpleRose • 07-15-2022
By Robert Abbott • 05-09-2023
By PurpleRose PurpleRose • 07-10-2022
By PurpleRose PurpleRose • 07-13-2022
By Value_Insider Value_Insider • 12-15-2022
By Value_Insider Value_Insider • 11-10-2022
By Stock market mentor Stock market mentor • 01-26-2023
By GuruFocusNews GuruFocusNews • 07-03-2022
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.