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Beacon Roofing Supply (Beacon Roofing Supply) Accounts Receivable : $1,140 Mil (As of Dec. 2023)


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What is Beacon Roofing Supply Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Beacon Roofing Supply's accounts receivables for the quarter that ended in Dec. 2023 was $1,140 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Beacon Roofing Supply's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 45.25.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Beacon Roofing Supply's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-44.72.


Beacon Roofing Supply Accounts Receivable Historical Data

The historical data trend for Beacon Roofing Supply'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.

* Premium members only.

Beacon Roofing Supply Accounts Receivable Chart

Beacon Roofing Supply Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,108.10 885.20 978.30 1,009.10 1,140.20

Beacon Roofing Supply 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 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 1,009.10 1,003.70 1,361.70 1,415.70 1,140.20

Beacon Roofing Supply Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


Beacon Roofing Supply Accounts Receivable 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.

Beacon Roofing Supply's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1140.2/2299.5*91
=45.25

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Beacon Roofing Supply's accounts receivable are only considered to be worth 75% of book value:

Beacon Roofing Supply'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)
=(84+0.75 * 1140.2+0.5 * 1227.9-4384.2
-0-0)/63.3015
=-44.72

* 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.


Beacon Roofing Supply Accounts Receivable Related Terms

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Beacon Roofing Supply (Beacon Roofing Supply) Business Description

Traded in Other Exchanges
Address
505 Huntmar Park Drive, Suite 300, Herndon, VA, USA, 20170
Beacon Roofing Supply Inc manufactures and sells roofing and building materials throughout the United States and Canada. Beacon's key customers consist of contractors, home builders, lumberyards, retailers, wholesale distributors, and building materials suppliers. The company's product portfolio includes both residential and non-residential roofing materials, siding, windows, and waterproofing systems. The majority of revenue is generated from residential and non-residential roofing products. The vast majority of Beacon's revenue comes from the United States.
Executives
Jason L Taylor officer: President, West Division 505 HUNTMAR PARK DR, SUITE 300, HERNDON VA 20170
James J Gosa officer: President, North/Canada Div. 505 HUNTMAR PARK DR, SUITE 300, HERNDON VA 20170
Cd&r Investment Associates Ix, Ltd. 10 percent owner MAPLES CORPORATE SERVICES LIMITED, UGLAND HOUSE, GRAND CAYMAN E9 KY101194
Best Clement Munroe Iii officer: President, South Division 505 HUNTMAR PARK DR, SUITE 300, HERNDON VA 20170
Julian Francis director, officer: President & CEO ONE OWENS CORNING PARKWAY, TOLEDO OH 43659
Christopher Carl Nelson officer: EVP, CIO 505 HUNTMAR PARK DR, SUITE 300, HERNDON VA 20170
Robert M Mclaughlin director C/O AIRGAS, INC., 259 NORTH RADNOR-CHESTER RD, RADNOR PA 19087
Martin S. Harrell officer: President, Waterproofing 3401 PHILIPS HWY, JACKSONVILLE FL 32207
Christine Stroh Reddy officer: EVP, General Counsel 505 HUNTMAR PARK DRIVE, SUITE 300, HERNDON VA 20170
Stuart A Randle director 585 WEST 500 SOUTH, BOUNTIFUL UT 84010
Racquel Harris Mason director C/O ELANCO ANIMAL HEALTH INCORPORATED, 2500 INNOVATION WAY, GREENFIELD IN 46140
Hart Melanie Housey director POOL CORPORATION, 109 NORTHPARK BLVD, COVINGTON LA 70433
Frank A Lonegro officer: EVP & Chief Financial Officer 500 WATER STREET, JACKSONVILLE FL 32202
Jonathan Stuart Bennett officer: EVP & CCO 505 HUNTMAR PARK DR, SUITE 300, HERNDON VA 20170
Sean M. Mcdevitt officer: EVP & CHRO 505 HUNTMAR PARK DR, SUITE 300, HERNDON VA 20170