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BlueLinx Holdings (FRA:FZG1) Receivables Turnover : 2.82 (As of Mar. 2024)


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What is BlueLinx Holdings Receivables Turnover?

The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. BlueLinx Holdings's Revenue for the three months ended in Mar. 2024 was €668 Mil. BlueLinx Holdings's average Accounts Receivable for the three months ended in Mar. 2024 was €237 Mil. Hence, BlueLinx Holdings's Receivables Turnover for the three months ended in Mar. 2024 was 2.82.


BlueLinx Holdings Receivables Turnover Historical Data

The historical data trend for BlueLinx Holdings's Receivables Turnover 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.

BlueLinx Holdings Receivables Turnover Chart

BlueLinx Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.30 12.27 13.97 15.62 12.87

BlueLinx Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Receivables Turnover 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 2.89 2.73 2.76 2.68 2.82

Competitive Comparison of BlueLinx Holdings's Receivables Turnover

For the Industrial Distribution subindustry, BlueLinx Holdings's Receivables Turnover, along with its competitors' market caps and Receivables Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


BlueLinx Holdings's Receivables Turnover Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, BlueLinx Holdings's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where BlueLinx Holdings's Receivables Turnover falls into.



BlueLinx Holdings Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

BlueLinx Holdings's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Receivables Turnover (A: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2023 ) / ((Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Dec. 2023 )) / count )
=2876.061 / ((237.468 + 209.452) / 2 )
=2876.061 / 223.46
=12.87

BlueLinx Holdings's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

Receivables Turnover (Q: Mar. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2024 ) / ((Accounts Receivable (Q: Dec. 2023 ) + Accounts Receivable (Q: Mar. 2024 )) / count )
=668.144 / ((209.452 + 265.184) / 2 )
=668.144 / 237.318
=2.82

* 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.


BlueLinx Holdings  (FRA:FZG1) Receivables Turnover Explanation

An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.


BlueLinx Holdings Receivables Turnover Related Terms

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BlueLinx Holdings (FRA:FZG1) Business Description

Traded in Other Exchanges
Address
1950 Spectrum Circle, Suite 300, Marietta, GA, USA, 30067
BlueLinx Holdings Inc is engaged in the wholesale distribution of residential and commercial building products. Its business products are split into two categories: Structural products include items such as lumber, plywood, oriented strand board, rebar, and remesh and Specialty products include items such as engineered wood, siding, millwork, outdoor living, specialty lumber and panels, and industrial products. The company's operations are carried out throughout the United States.

BlueLinx Holdings (FRA:FZG1) Headlines

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