GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » Green Brick Partners Inc (STU:2G1) » Definitions » Accounts Receivable

Green Brick Partners (STU:2G1) Accounts Receivable : €8 Mil (As of Mar. 2024)


View and export this data going back to 2007. Start your Free Trial

What is Green Brick Partners Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Green Brick Partners's accounts receivables for the quarter that ended in Mar. 2024 was €8 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Green Brick Partners's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 1.76.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Green Brick Partners's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was €8.46.


Green Brick Partners Accounts Receivable Historical Data

The historical data trend for Green Brick Partners'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.

Green Brick Partners Accounts Receivable Chart

Green Brick Partners 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 4.25 4.29 6.08 4.99 9.75

Green Brick Partners 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 6.78 6.51 9.33 9.75 7.94

Green Brick Partners Accounts Receivable Calculation

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


Green Brick Partners 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.

Green Brick Partners's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=7.94/411.551*91
=1.76

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

Green Brick Partners'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)
=(202.95+0.75 * 7.94+0.5 * 1523.054-530.732
-43.795-15.055)/45.0252
=8.46

* 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.


Green Brick Partners Accounts Receivable Related Terms

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


Green Brick Partners (STU:2G1) Business Description

Traded in Other Exchanges
Address
2805 Dallas Parkway, Suite 400, Plano, TX, USA, 75093
Green Brick Partners Inc is a homebuilding and land development company. It acquires and develops land, as well as provides land and construction financing to its controlled builders. The company has three reportable segments: builder operations central, builder operations southeast, and land development. The majority of company's revenue is generated from the builder operations central segment that is entirely the operations of builders in Texas. The company is engaged in various aspects of the homebuilding process, including land acquisition and development, entitlements, design, construction, marketing, sales, and brand image creation. In addition to homebuilding, the company provides home financing services, such as mortgage and title, through its subsidiaries.

Green Brick Partners (STU:2G1) Headlines

No Headlines