Gibraltar Industries (FRA:GI2) Receivables Turnover : 1.57 (As of Mar. 2024)

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What is Gibraltar Industries 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. Gibraltar Industries's Revenue for the three months ended in Mar. 2024 was €269 Mil. Gibraltar Industries's average Accounts Receivable for the three months ended in Mar. 2024 was €171 Mil. Hence, Gibraltar Industries's Receivables Turnover for the three months ended in Mar. 2024 was 1.57.

Gibraltar Industries Receivables Turnover Historical Data

The historical data trend for Gibraltar Industries'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.

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Gibraltar Industries Receivables Turnover Chart

Gibraltar Industries Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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7.46

6.77

7.70

7.87

7.60

Gibraltar Industries 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															1.58	1.72	1.75	1.65	1.57

Competitive Comparison of Gibraltar Industries's Receivables Turnover

For the Building Products & Equipment subindustry, Gibraltar Industries'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.

Gibraltar Industries's Receivables Turnover Distribution in the Construction Industry

For the Construction industry and Industrials sector, Gibraltar Industries's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Gibraltar Industries's Receivables Turnover falls into.

Gibraltar Industries Receivables Turnover Calculation

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

Gibraltar Industries'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 )
=	1263.384	/ (	(169.136	+	163.306)	/	2 )
=	1263.384	/	166.221
=	7.60

Gibraltar Industries'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 )
=	269.106	/ (	(163.306	+	178.796)	/	2 )
=	269.106	/	171.051
=	1.57

Gibraltar Industries (FRA:GI2) 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.

Gibraltar Industries Receivables Turnover Related Terms

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Gibraltar Industries (FRA:GI2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Gibraltar Industries Inc (FRA:GI2) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

ROCK:USA

Address

3556 Lake Shore Road, P.O. Box 2028, Buffalo, NY, USA, 14219-0228

Website

https://www.gibraltar1.com

Gibraltar Industries Inc is a manufacturer and provider of products and services for the Renewable energy, Residential, Agtech and Infrastructure markets. Renewables Segment is engaged in the design, engineering, manufacturing and installation of solar racking and electrical balance of systems. Agtech Segment provides growing and processing solutions including the designing, engineering, manufacturing, full-scope construction, maintenance and support of greenhouses and indoor growing operations, and botanical extraction systems. It derives key revenue from the Residential segment which offers roof and foundation ventilation products, single point and centralized mail systems and electronic package solutions and Retractable awnings and gutter guards, among other products.

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