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Bird Construction (Bird Construction) Change In Receivables : $-133 Mil (TTM As of Dec. 2023)


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What is Bird Construction Change In Receivables?

Bird Construction's change in receivables for the quarter that ended in Dec. 2023 was $3 Mil. It means Bird Construction's Accounts Receivable declined by $3 Mil from Sep. 2023 to Dec. 2023 .

Bird Construction's change in receivables for the fiscal year that ended in Dec. 2023 was $-134 Mil. It means Bird Construction's Accounts Receivable increased by $134 Mil from Dec. 2022 to Dec. 2023 .

Bird Construction's Accounts Receivable for the quarter that ended in Dec. 2023 was $209 Mil.

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 Receivable are being managed. Bird Construction's Days Sales Outstanding for the three months ended in Dec. 2023 was 32.32.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Bird Construction's liquidation value for the three months ended in Dec. 2023 was $-554 Mil.

Bird Construction Change In Receivables Historical Data

The historical data trend for Bird Construction's Change In Receivables 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.

* Premium members only.

Bird Construction Change In Receivables Chart

Bird Construction Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -111.30 181.89 -44.30 -80.86 -134.11

Bird Construction Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 47.32 -24.82 -42.20 -69.17 2.76

Bird Construction Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-133 Mil.

* 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.

Bird Construction  (OTCPK:BIRDF) Change In Receivables Explanation

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 Receivable are being managed.

Bird Construction's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=209.14/590.391*91
=32.32

2. In Ben Graham's calculation of liquidation value, Bird Construction's accounts receivable are only considered to be worth 75% of book value:

Bird Construction's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=106.152-821.31+0.75 * 209.14+0.5 * 9.001
=-554

* 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.

Bird Construction Change In Receivables Related Terms

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Bird Construction (Bird Construction) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Bird Construction Inc (OTCPK:BIRDF) » Definitions » Change In Receivables
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Traded in Other Exchanges
6LT:Germany BDT:Canada
Address
5700 Explorer Drive, Suite 400, Mississauga, ON, CAN, L4W 0C6
Website
https://www.bird.ca
Bird Construction Inc is a construction company operating from coast-to-coast and servicing all of Canada's major markets. The group provides a comprehensive range of construction services from new construction for industrial, commercial, institutional, and civil infrastructure markets, to industrial maintenance, repair and operations services, heavy civil construction, and mine support services. It also provides vertical infrastructure including, electrical, mechanical, and specialty trades. In addition to its commitment to safety, Bird provides services that offer long-term value to its stakeholders.