GMS (GMS) Accounts Receivable : $671 Mil (As of Jan. 2024)

View and export this data going back to 2016. Start your Free Trial

What is GMS Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. GMS's accounts receivables for the quarter that ended in Jan. 2024 was $671 Mil.

Accounts receivable can be measured by Days Sales Outstanding. GMS's Days Sales Outstanding for the quarter that ended in Jan. 2024 was 48.67.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. GMS's Net-Net Working Capital per share for the quarter that ended in Jan. 2024 was $-24.31.

GMS Accounts Receivable Historical Data

The historical data trend for GMS'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.

GMS Accounts Receivable Chart

GMS Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Accounts Receivable

Get a 7-Day Free Trial

445.77

398.74

488.00

675.72

713.37

GMS Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Accounts Receivable	Get a 7-Day Free Trial															660.09	713.37	733.42	743.21	671.20

GMS Accounts Receivable Calculation

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

GMS 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.

GMS's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	671.201	/	1258.348	*	91
=	48.67

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

GMS's Net-Net Working Capital Per Share for the quarter that ended in Jan. 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)
=	(88.341	+	0.75 * 671.201	+	0.5 * 582.613	-	1852.609
-	0	-	0)	/	39.881
=	-24.31

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.

GMS Accounts Receivable Related Terms

Thank you for viewing the detailed overview of GMS's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.

GMS (GMS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » GMS Inc (NYSE:GMS) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

CLG:Germany

Address

100 Crescent Centre Parkway, Suite 800, Tucker, GA, USA, 30084

Website

https://www.gms.com

GMS Inc is a distributor of specialty building products including wallboard, suspended ceilings systems, or ceilings, steel framing, and other complementary building products. The company serves its products to commercial new construction, commercial repair and remodel, residential new construction, and residential repair and remodel (R&R). Its geographical segment is Central, Midwest, Northeast, Southern, Southeast, Western, and Canada. The company generates maximum revenue from Wallboard products and geographically from the United States.

Executives

George T Hendren	officer: Chief Operating Officer	100 CRESCENT CENTRE PARKWAY, SUITE 800, TUCKER GA 30084
Craig D Apolinsky	officer: VP, GC & Corporate Secretary	GMS INC., 100 CRESCENT CENTRE PARKWAY, SUITE 800, TUCKER GA 30084
J David Smith	director	GMS INC., 100 CRESCENT CENTRE PARKWAY, SUITE 800, TUCKER GA 30084
John J Gavin	director	GMS INC., 100 CRESCENT CENTRE PARKWAY, SUITE 800, TUCKER GA 30084
William Forrest Bell	officer: Chief Accounting Officer	1001 SUMMIT BLVD, NE, ATLANTA GA 30319
Scott M Deakin	officer: VP, Chief Financial Officer	123 MAIN STREET, BRISTOL CT 06011-2185
Coliseum Capital Management, Llc	10 percent owner	105 ROWAYTON AVENUE, ROWAYTON CT 06853
Theron I Gilliam	director	GMS INC., 100 CRESCENT CENTRE PARKWAY, SUITE 800, TUCKER GA 30084
Turner John C Jr	officer: President	1009 WIMBERLY COURT, ALLEN TX 75013-1195
Peter C Browning	director	GMS INC., 100 CRESCENT CENTRE PARKWAY, SUITE 800, TUCKER GA 30084
Leigh R Dobbs	officer: Chief Human Resources Officer	100 CRESCENT CENTRE PARKWAY, SUITE 800, TUCKER GA 30084
Coliseum Capital Co-invest Iii, L.p.	10 percent owner	105 ROWAYTON AVENUE, ROWAYTON CT 06853
Adam Gray	10 percent owner	105 ROWAYTON AVENUE, ROWAYTON CT 06853
Christopher S Shackelton	10 percent owner	105 ROWAYTON AVENUE, ROWAYTON CT 06853
Coliseum Capital, Llc	10 percent owner	105 ROWAYTON AVENUE, ROWAYTON CT 06853