Sterling Infrastructure (Sterling Infrastructure) Change In Receivables

: $235 Mil (TTM As of Dec. 2023)

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Sterling Infrastructure's change in receivables for the quarter that ended in Dec. 2023 was $104 Mil. It means Sterling Infrastructure's Accounts Receivable declined by $104 Mil from Sep. 2023 to Dec. 2023 .

Sterling Infrastructure's change in receivables for the fiscal year that ended in Dec. 2023 was $235 Mil. It means Sterling Infrastructure's Accounts Receivable declined by $235 Mil from Dec. 2022 to Dec. 2023 .

Sterling Infrastructure's Accounts Receivable for the quarter that ended in Dec. 2023 was $252 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. Sterling Infrastructure's Days Sales Outstanding for the three months ended in Dec. 2023 was 47.40.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Sterling Infrastructure's liquidation value for the three months ended in Dec. 2023 was $-492 Mil.

Sterling Infrastructure Change In Receivables Historical Data

The historical data trend for Sterling Infrastructure'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.

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Sterling Infrastructure Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-13.75

49.95

4.36

9.37

235.49

Sterling Infrastructure 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															79.79	20.31	39.93	71.00	104.25

Sterling Infrastructure 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 $235 Mil.

Sterling Infrastructure (NAS:STRL) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	252.435	/	485.978	*	91
=	47.40

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

Sterling Infrastructure'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)
=	471.563	-	1153.331	+	0.75 * 252.435	+	0.5 * 0
=	-492

Sterling Infrastructure Change In Receivables Related Terms

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Sterling Infrastructure (Sterling Infrastructure) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Sterling Infrastructure Inc (NAS:STRL) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

UAO:Germany UAO:Germany

Address

1800 Hughes Landing Boulevard, Suite 250, The Woodlands, TX, USA, 77380

Website

https://www.strlco.com

Sterling Infrastructure Inc is a construction company that specializes in heavy civil infrastructure construction and infrastructure rehabilitation as well as residential construction projects. The company operates in three reportable segments namely, Transportation Solutions, E-Infrastructure Solutions, and Building Solution. Transportation Solutions include highways, roads, bridges, airfields, ports, light rail, and others. Building Solution projects include concrete foundations for single-family homes. E-Infrastructure Solutions include the services which are provided to large, blue-chip companies in the e-commerce, data center, distribution center, and warehousing, energy, mixed-use, and multi-family sectors. The majority of the revenue is generated from E-Infrastructure Solutions. .

Executives

Ronald A Ballschmiede	officer: EVP & CFO	1800 HUGHES LANDING BLVD, SUITE 250, THE WOODLANDS TX 77380
Mark D. Wolf	officer: General Counsel, Corporate Sec	770 SOUTH POST OAK LANE, SUITE 405, C/O U.S. WELL SERVICES, INC., HOUSTON TX 77056
Joseph A Cutillo	officer: Chief Executive Officer	1800 HUGHES LANDING BLVD, SUITE 250, THE WOODLANDS TX 77380
Julie Dill	director	1301 RIVERPLACE BOULEVARD, SUITE 2300, JACKSONVILLE FL 32207
Dwayne Andree Wilson	director	6700 LAS COLINAS BOULEVARD, IRVING TX 75039
Roger A Cregg	director	100 BLOOMFIELD HILL PARKWAY, STE 300, BLOOMFIELD HILLS MI 48304
Raymond F Messer	director	1800 HUGHES LANDING BLVD., SUITE 250, THE WOODLANDS TX 77380
Dana C. O'brien	director	1111 LOUISIANA STREET, HOUSTON TX 77002
Thomas M White	director	C/O APOLLO MANAGEMENT, 9 WEST 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
Marian M Davenport	director	1800 HUGHES LANDING BLVD., SUITE 250, THE WOODLANDS TX 77380
Milton L Scott	director
Charles R. Patton	director	1 RIVERSIDE PLAZA, COLUMBUS OH 43215
Richard O Schaum	director	388 WARREN COURT, BIRMINGHAM MI 48009
Craig B Allen	officer: SVP & CHRO/CCO	1800 HUGHES LANDING BLVD, STE 250, THE WOODLANDS TX 77380
Wadsworth Con L	officer: EVP & Chief Operating Officer	1800 HUGHES LANDING BLVD, SUITE 250, THE WOODLANDS TX 77380