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SiteOne Landscape Supply (SiteOne Landscape Supply) Accounts Receivable : $529 Mil (As of Mar. 2024)


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What is SiteOne Landscape Supply Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. SiteOne Landscape Supply's accounts receivables for the quarter that ended in Mar. 2024 was $529 Mil.

Accounts receivable can be measured by Days Sales Outstanding. SiteOne Landscape Supply's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 53.30.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. SiteOne Landscape Supply's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-13.34.


SiteOne Landscape Supply Accounts Receivable Historical Data

The historical data trend for SiteOne Landscape Supply'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.

SiteOne Landscape Supply Accounts Receivable Chart

SiteOne Landscape Supply Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 283.40 292.80 393.80 455.50 490.60

SiteOne Landscape Supply 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 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 496.10 569.60 540.40 490.60 528.50

SiteOne Landscape Supply Accounts Receivable Calculation

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


SiteOne Landscape Supply 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.

SiteOne Landscape Supply's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=528.5/904.8*91
=53.30

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

SiteOne Landscape Supply'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)
=(41.5+0.75 * 528.5+0.5 * 933.6-1507.6
-0-0)/45.1987
=-13.34

* 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.


SiteOne Landscape Supply Accounts Receivable Related Terms

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SiteOne Landscape Supply (SiteOne Landscape Supply) Business Description

Traded in Other Exchanges
Address
300 Colonial Center Parkway, Suite 600, Roswell, GA, USA, 30076
SiteOne Landscape Supply Inc is one of the largest suppliers of tools and equipment. The company serves various businesses which include wholesale irrigation, outdoor lighting, nursery, landscape supplies, grass seeds, and fertilizers, turf protection products, turf care equipment, and golf course accessories for green industry professionals mainly in the United States and Canada. Its product portfolio includes irrigation supplies, fertilizer and herbicides, landscape accessories, nursery goods, natural stones and blocks, outdoor lighting and ice melt products and other products.
Executives
Doug Black director, officer: CEO MANSELL OVERLOOK, 300 COLONIAL CENTER PARKWAY, SUITE 600, ROSWELL GA 30076
John T Guthrie officer: EVP, CFO and Assistant Sec. MANSELL OVERLOOK, 300 COLONIAL CENTER PARKWAY, SUITE 600, ROSWELL GA 30076
Brisendine L Briley Jr officer: EVP, General Counsel & Sec. MANSELL OVERLOOK, 300 COLONIAL CENTER PARKWAY, SUITE 600, ROSWELL GA 30076
Shannon Versaggi officer: SVP Marketing 1004 SUMMIT VIEW LANE, MILTON GA 30004
Greg Weller officer: Senior VP of Operations MANSELL OVERLOOK, 300 COLONIAL CENTER PARKWAY, SUITE 600, ROSWELL GA 30076
Joseph Ketter officer: Senior VP, Human Resources. MANSELL OVERLOOK, 300 COLONIAL CENTER PARKWAY, SUITE 600, ROSWELL GA 30076
Jack L Wyszomierski director SCHERING PLOUGH CORP, ONE GIRALDA FARMS, MADISON NJ 07940-1000
Webster Roy Dunbar director 5757 N. GREEN BAY AVENUE, MILWAUKEE WI 53209
Douglas William W Iii director COCA-COLA ENTERPRISES, INC, 2500 WINDY RIDGE PARKWAY, ATLANTA GA 30339
Jeri L Isbell director ONE LEXMARK CENTRE DR, 740 WEST NEW CIRCLE RD, LEXINGTON KY 40550
Larisa Drake director EQUITY LIFESTYLE PROPERTIES, INC., TWO NORTH RIVERSIDE PLAZA, SUITE 800, CHICAGO IL 60606
Scott Salmon officer: EVP, Strategy & Development 14155 SEABISCUIT, MILTON GA 30004
Ross Anker officer: EVP, Category Mgmt, Mktg & IT MANSELL OVERLOOK, 300 COLONIAL CENTER PARKWAY, SUITE 600, ROSWELL 2Q 30076
Pascal Convers officer: EVP, Strategy and Development MANSELL OVERLOOK, 300 COLONIAL CENTER PARKWAY, SUITE 600, ROSWELL GA 30076
Michael J Grebe director STERLING CHECKCORP INC., 1 STATE STREET PLAZA, NEW YORK NY 10004