L.B. Foster Co (L.B. Foster Co) Accounts Receivable : $57.9 Mil (As of Mar. 2024)

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What is L.B. Foster Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. L.B. Foster Co's accounts receivables for the quarter that ended in Mar. 2024 was $57.9 Mil.

Accounts receivable can be measured by Days Sales Outstanding. L.B. Foster Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 42.48.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. L.B. Foster Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-8.56.

L.B. Foster Co Accounts Receivable Historical Data

The historical data trend for L.B. Foster Co'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.

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L.B. Foster Co Accounts Receivable Chart

L.B. Foster Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

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73.62

58.30

55.91

82.46

53.48

L.B. Foster Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Receivable	Get a 7-Day Free Trial															54.90	74.25	64.64	53.48	57.87

L.B. Foster Co Accounts Receivable Calculation

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

L.B. Foster Co 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.

L.B. Foster Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	57.871	/	124.32	*	91
=	42.48

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

L.B. Foster Co's Net-Net Working Capital Per Share for the quarter that ended in Mar. 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)
=	(3.148	+	0.75 * 57.871	+	0.5 * 85.761	-	181.124
-	0	-	0.676)	/	10.7892
=	-8.56

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.

L.B. Foster Co Accounts Receivable Related Terms

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L.B. Foster Co (L.B. Foster Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » L.B. Foster Co (NAS:FSTR) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

LB1A:Germany

Address

415 Holiday Drive, Suite 100, Pittsburgh, PA, USA, 15220

Website

https://www.lbfoster.com

L.B. Foster Co is a US-based firm engaged in the manufacturing, fabrication, and distribution of products and services, especially for the rail, construction, energy, and utility industry. The company operates its business through three segments: Rail Technologies and Services; Precast Concrete Products and Steel Products and Measurement. Its principal business activity involves providing new and used rail, trackwork, and accessories, producing concrete railroad ties, insulated rail joints, power rail, track fasteners, coverboards, and sales of sells and rents steel sheet piling, H-bearing pile, and other piling products for foundation and earth retention requirements. It generates the majority of its revenues from the Rail Products and Services segment.

Executives

Janet Lee	director	2600 ANSYS DRIVE, CANONSBURG PA 15317
Diane B Owen	director
Dirk Junge	director	165 TOWNSHIP LINE RD, JENKINTOWN PA 19046
John E Kunz	director	522 N. MACEWEN DRIVE, OSPREY FL 34229
Raymond T Betler	director	1001 AIR BRAKE AVENUE, WILMERDING PA 15148
Bruce Ernest Thompson	director	C/O L.B. FOSTER COMPANY, 415 HOLIDAY DRIVE, SUITE 100, PITTSBURGH PA 15220
Aron R. English	10 percent owner	1455 NW LEARY WAY, SUITE 400, SEATTLE WA 98107
Alexander B Jones	other: See Explanation of Responses	1455 NW LEARY WAY, SUITE 400, SEATTLE WA 98107
Bryson Hirai-hadley	other: See Explanation of Responses	1455 NW LEARY WAY, SUITE 400, SEATTLE WA 98107
22nw Gp, Inc.	10 percent owner	1455 NW LEARY WAY, SUITE 400, SEATTLE WA 98107
22nw Fund, Lp	10 percent owner	1455 NW LEARY WAY, SUITE 400, SEATTLE WA 98107
22nw, Lp	10 percent owner	590 1ST AVE S, UNIT C1, SEATTLE WA 98104
22nw Fund Gp, Llc	10 percent owner	1455 NW LEARY WAY, SUITE 400, SEATTLE WA 98107
Sean M Reilly	officer: Controller	TOLLGRADE COMMUNICATIONS INC, 493 NIXON RD., CHESWICK PA 15024
William Treacy	officer: Chief Growth Officer	415 HOLIDAY DRIVE, PITTSBURGH PA 15220