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Fletcher Building (STU:FLQ) Accounts Receivable : €423 Mil (As of Dec. 2024)


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What is Fletcher Building Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Fletcher Building's accounts receivables for the quarter that ended in Dec. 2024 was €423 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Fletcher Building's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 39.22.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Fletcher Building's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was €-1.56.


Fletcher Building Accounts Receivable Historical Data

The historical data trend for Fletcher Building'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.

Fletcher Building Accounts Receivable Chart

Fletcher Building Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 427.11 489.03 507.26 586.64 465.36

Fletcher Building Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 737.09 586.64 558.08 465.36 422.62

Fletcher Building Accounts Receivable Calculation

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


Fletcher Building 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.

Fletcher Building's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=422.615/1966.532*91
=39.22

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

Fletcher Building's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2024 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)
=(110.868+0.75 * 422.615+0.5 * 742.046-2461.595
-0-2.195)/1070.156
=-1.56

* 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.


Fletcher Building Accounts Receivable Related Terms

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Fletcher Building Business Description

Address
810 Great South Road, Penrose, Auckland, NTL, NZL, 1061
Fletcher Building is a New Zealand-based building materials company with operations focused in New Zealand, but also extending to Australia. It has a conglomerate structure with diverse operations across concrete, building products, steel, retail distribution, construction, and development. Most revenue is derived from new house construction, with smaller earnings contributions from commercial and infrastructure construction.

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