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Construction Partners's change in receivables for the quarter that ended in Dec. 2023 was $61 Mil. It means Construction Partners's Accounts Receivable declined by $61 Mil from Sep. 2023 to Dec. 2023 .
Construction Partners's change in receivables for the fiscal year that ended in Sep. 2023 was $-23 Mil. It means Construction Partners's Accounts Receivable increased by $23 Mil from Sep. 2022 to Sep. 2023 .
Construction Partners's Accounts Receivable for the quarter that ended in Dec. 2023 was $256 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. Construction Partners's Days Sales Outstanding for the three months ended in Dec. 2023 was 58.81.
In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Construction Partners's liquidation value for the three months ended in Dec. 2023 was $-446 Mil.
The historical data trend for Construction Partners'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.
Construction Partners Annual Data | |||||||||||||||||
Trend | Sep16 | Sep17 | Sep18 | Sep19 | Sep20 | Sep21 | Sep22 | Sep23 | |||||||||
Change In Receivables | Get a 7-Day Free Trial | -23.28 | 11.56 | -42.22 | -103.20 | -23.39 |
Construction Partners 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 | 44.57 | -9.74 | -15.64 | -42.59 | 61.30 |
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 $-7 Mil.
* 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.
Construction Partners (NAS:ROAD) 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.
Construction Partners's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:
Days Sales Outstanding | |||||
= | Accounts Receivable | / | Revenue | * | Days in Period |
= | 255.529 | / | 396.505 | * | 91 |
= | 58.81 |
2. In Ben Graham's calculation of liquidation value, Construction Partners's accounts receivable are only considered to be worth 75% of book value:
Construction Partners'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) |
= | 68.738 | - | 754.991 | + | 0.75 * 255.529 | + | 0.5 * 96.662 |
= | -446 |
* 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.
Thank you for viewing the detailed overview of Construction Partners's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.
Suntx Capital Ii Management Corp. | director, 10 percent owner | 5420 LBJ FREEWAY, SUITE 1000, DALLAS TX 75240 |
Craig Jennings | director, 10 percent owner | 5204 LAKECREET CT., PLANO TX 75093 |
Mark R Matteson | director, 10 percent owner | 290 HEALTHWEST DRIVE, SUITE 2, DOTHAN AL 36303 |
Suntx Cpi Capital Management Corp. | director, 10 percent owner | 5420 LBJ FREEWAY, SUITE 1000, DALLAS TX 75240 |
Fleming Ned N. Iv | other: Member of 10% owner group | 5420 LBJ FREEWAY, SUITE 1000, DALLAS TX 75240 |
Ned N. Fleming, Iv 2013 Trust | other: Member of 10% owner group | 5420 LBJ FREEWAY, SUITE 1000, DALLAS TX 75240 |
John L Harper | officer: Senior Vice President | 170 EAST MAIN STREET, DOTHAN AL 36301 |
Noreen E Skelly | director | 8214 WESTCHESTER DRIVE, SUITE 400, DALLAS TX 75225 |
Stefan L Shaffer | director | 290 HEALTHWEST DRIVE, SUITE 2, DOTHAN AL 36303 |
Suntx Capital Partners Ii Lp | director, 10 percent owner | TWO LINCOLN CENTRE, 5420 LBJ FREEWAY, SUITE 1000, DALLAS TX 75240 |
Suntx Capital Partners Ii Dutch Investors Lp | director, 10 percent owner | TWO LINCOLN CENTRE, 5420 LBJ FREEWAY, SUITE 1000, DALLAS TX 75240 |
Suntx Cpi Expansion Fund Gp, L.p. | director, 10 percent owner | 5420 LBJ FREEWAY, SUITE 1000, DALLAS TX 75214 |
Gregory A Hoffman | officer: Senior VP, Finance | 290 HEALTHWEST DRIVE, SUITE 2, DOTHAN AL 36303 |
Judson Ryan Brooks | officer: Senior Vice President, Legal | 290 HEALTHWEST DRIVE, SUITE 2, DOTHAN AL 36303 |
Charles E Owens | director, officer: See Remarks | 290 HEALTHWEST DRIVE, SUITE 2, DOTHAN AL 36303 |
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