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Ply Gem Holdings (Ply Gem Holdings) Accounts Receivable : $250 Mil (As of Dec. 2017)


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What is Ply Gem Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Ply Gem Holdings's accounts receivables for the quarter that ended in Dec. 2017 was $250 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Ply Gem Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2017 was 44.05.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Ply Gem Holdings's Net-Net Working Capital per share for the quarter that ended in Dec. 2017 was $-12.86.


Ply Gem Holdings Accounts Receivable Historical Data

The historical data trend for Ply Gem Holdings'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.

Ply Gem Holdings Accounts Receivable Chart

Ply Gem Holdings Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 138.79 187.68 195.17 209.92 249.53

Ply Gem Holdings Quarterly Data
Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17
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 209.92 215.76 296.13 308.58 249.53

Ply Gem Holdings Accounts Receivable Calculation

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


Ply Gem Holdings 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.

Ply Gem Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2017 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=249.533/516.858*91
=44.05

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

Ply Gem Holdings's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2017 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)
=(71.416+0.75 * 249.533+0.5 * 196.491-1237.646
-0-0)/68.5157
=-12.86

* 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.


Ply Gem Holdings Accounts Receivable Related Terms

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Ply Gem Holdings (Ply Gem Holdings) Business Description

Traded in Other Exchanges
N/A
Address
Ply Gem Holdings Inc is a manufacturer of exterior building products in North America. The company operates two business segments: siding, fencing, and stone; and windows and doors. The range of products include vinyl siding, designer accents, cellular PVC trim, vinyl fencing, vinyl railing, stone veneer, roofing, vinyl windows and doors, vinyl and aluminium soffits, siding accessories, aluminium trim coil, wood windows, aluminium windows, and steel and fiberglass doors. Ply Gem serves the new construction, home repair, and remodeling markets in the United States and Canada. Both segments contribute equally to revenue.
Executives
Frederick J Iseman director, 10 percent owner CI CAPITAL PARTNERS LLC, 500 PARK AVENUE, 8TH FLOOR, NEW YORK NY 10022
Gary E Robinette director, 10 percent owner, officer: President, CEO and Chairman 5020 WESTON PARKWAY, SUITE 400, CARY NC 27513
Michael P Haley director 200 NORTH HAMILTON STREET, NO. 200, HIGH POINT NC 27260
Janice E Stipp director 1281 COVINGTON ROAD, BLOOMFIELD HILLS MI 48301
Timothy D Johnson 10 percent owner, officer: SVP and General Counsel 5020 WESTON PARKWAY, SUITE 400, CARY NC 27513
Jeffrey T Barber director 6501 WESTON PARKWAY, SUITE 200 CARY NC 27513
John L Buckley 10 percent owner, officer: President, Siding Group 5020 WESTON PARKWAY, SUITE 400 CARY NC 27513
Arthur W. Steinhafel officer: Pres., U.S. Windows and Doors C/O PLYGEM HOLDINGS, INC. 5020 WESTON PARKWAY, SUITE 400 CARY NC 27513
Shawn K Poe 10 percent owner, officer: EVP and CFO 5020 WESTON PARKWAY, SUITE 400 CARY NC 27513
John D Roach director PMI GROUP INC, 601 MONTGOMERY ST, SAN FRANCISCO CA 94111

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