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Cornerstone Building Brands (Cornerstone Building Brands) Accounts Receivable : $708 Mil (As of Mar. 2022)


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What is Cornerstone Building Brands Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Cornerstone Building Brands's accounts receivables for the quarter that ended in Mar. 2022 was $708 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Cornerstone Building Brands's Days Sales Outstanding for the quarter that ended in Mar. 2022 was 41.25.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Cornerstone Building Brands's Net-Net Working Capital per share for the quarter that ended in Mar. 2022 was $-25.04.


Cornerstone Building Brands Accounts Receivable Historical Data

The historical data trend for Cornerstone Building Brands'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.

Cornerstone Building Brands Accounts Receivable Chart

Cornerstone Building Brands Annual Data
Trend Oct12 Oct13 Oct14 Oct15 Oct16 Oct17 Oct18 Dec19 Dec20 Dec21
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 199.90 233.30 491.74 554.65 685.32

Cornerstone Building Brands Quarterly Data
Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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 601.48 613.19 645.30 685.32 708.34

Cornerstone Building Brands Accounts Receivable Calculation

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


Cornerstone Building Brands 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.

Cornerstone Building Brands's Days Sales Outstanding for the quarter that ended in Mar. 2022 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=708.34/1566.838*91
=41.25

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

Cornerstone Building Brands's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2022 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)
=(544.336+0.75 * 708.34+0.5 * 817.715-4672.533
-0-0)/127.329
=-25.04

* 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.


Cornerstone Building Brands Accounts Receivable Related Terms

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Cornerstone Building Brands (Cornerstone Building Brands) Business Description

Traded in Other Exchanges
N/A
Address
5020 Weston Parkway, Suite 400, Cary, NC, USA, 27513
Cornerstone Building Brands Inc constructs and sells building materials for the commercial, residential, and repair industries in North America. The company operates in three segments: commercial, which provides metal products and coil coating services for commercial construction; siding, which offers vinyl and steel siding, aluminum coil and gutters, roofing accessories, moldings, window and door trim, rain removal systems, vents, fences, and railings; and windows, which includes vinyl, aluminum, and wooden windows as well as steel, wood, and fiberglass doors. All three segments contribute sizably to total revenue.
Executives
Rose Lee director, officer: PRESIDENT & CEO C/O CROWN HOLDINGS, INC., 770 TOWNSHIP LINE ROAD, YARDLEY PA 19067
Judith A Reinsdorf director C. R. BARD, INC., 730 CENTRAL AVENUE, MURRAY HILL NJ 07974
Alena Brenner officer: EVP, GC and Corp. Sec. 5020 WESTON PARKWAY, SUITE 400 CARY NC 27513
Jeffrey S. Lee officer: EVP, CFO 5020 WESTON PARKWAY, SUITE 400 CARY NC 27513
Katy Theroux officer: Executive VP, Chief HR Officer 10943 N. SAM HOUSTON PARKWAY W. HOUSTON TX 77056
Daniel C. Janki director 5020 WESTON PARKWAY, SUITE 400, CARY NC 27513
Timothy J. Obrien director C/O NCI BUILDING SYSTEMS, INC. 10943 NORTH SAM HOUSTON PARKWAY WEST HOUSTON TX 77064
George L. Ball director 10943 N. SAM HOUSTON PARKWAY W., HOUSTON TX 77064
William E Jackson director ONE NEENAH CENTER, 4TH FLOOR P.O. BOX 669 NEENAH WI 54957
Kathleen J Affeldt director
John J Holland director 26602 W. GREENTREE, OLATHE KS 66061
James Keppler officer: EVP, OPERATIONS 5020 WESTON PARKWAY SUITE 400 CARY NC 27513
James Wilbert W Jr director 16100 SOUTH LATHROP AVENUE, HARVEY IL 60426
Wayne Irmiter officer: SVP, CAO 5020 WESTON PARKWAY CAY NC 27513
John L Buckley officer: President, Siding Division 5020 WESTON PARKWAY, SUITE 400 CARY NC 27513

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