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Bluelinx Holdings, Inc. (NYSE:BXC)
Change In Receivables
$58 Mil (As of Dec. 2013)

Bluelinx Holdings, Inc.'s change in receivables for the quarter that ended in Dec. 2013 was $58 Mil. It means Bluelinx Holdings, Inc.'s accounts receivables increased by $58 Mil from Sep. 2013 to Dec. 2013 .

Bluelinx Holdings, Inc.'s change in receivables for the fiscal year that ended in Dec. 2013 was $7 Mil. It means Bluelinx Holdings, Inc.'s accounts receivables increased by $7 Mil from Dec. 2012 to Dec. 2013 .

Bluelinx Holdings, Inc.'s accounts receivables for the quarter that ended in Dec. 2013 was $150 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 receivables are being managed. Bluelinx Holdings, Inc.'s days sales outstanding for the three months ended in Dec. 2013 was 28.13.

In Ben Graham’s calculation of liquidation value, Apple Inc's accounts receivables are only considered to be worth 75% of book value. Bluelinx Holdings, Inc.'s liquidation value for the three months ended in Dec. 2013 was $-307 Mil.


Definition

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.


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 receivables are being managed.

Bluelinx Holdings, Inc.'s Days Sales Outstanding for the quarter that ended in Dec. 2013 is calculated as:

Days Sales Outstanding
=Account Receivable/Revenue*Days in Period
=150.297/486.275*91
=28.13

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

Bluelinx Holdings, Inc.'s liquidation value for the quarter that ended in Dec. 2013 is calculated as:

Liquidation Value
=Cash and Cash Equivalents-Total Liabilities+(0.75 * Account Receivable)+(0.5 * Inventory)
=5.034-536.144+0.75 * 150.297+0.5 * 223.58
=-307

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Days Sales Outstanding, Account Receivable, Revenue, NCAV, Cash and Cash Equivalents, Total Liabilities, Inventory


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Bluelinx Holdings, Inc. Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
ChangeInReceivables 222-319444133110-20-197

Bluelinx Holdings, Inc. Quarterly Data

Sep11Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13
ChangeInReceivables 2146-59-41034-61-142558
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