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PulteGroup (PulteGroup) Accounts Receivable : $0 Mil (As of Mar. 2024)


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What is PulteGroup Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. PulteGroup's accounts receivables for the quarter that ended in Mar. 2024 was $0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. PulteGroup's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 0.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. PulteGroup's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $12.39.


PulteGroup Accounts Receivable Historical Data

The historical data trend for PulteGroup'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.

PulteGroup Accounts Receivable Chart

PulteGroup 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 118.37 69.49 57.49 43.75 26.93

PulteGroup 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 - - - 26.93 -

PulteGroup Accounts Receivable Calculation

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


PulteGroup 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/3949.16*91
=0.00

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

PulteGroup'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)
=(2290.401+0.75 * 0+0.5 * 12107.212-5734.277
-0-0)/210.658
=12.39

* 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.


PulteGroup Accounts Receivable Related Terms

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PulteGroup (PulteGroup) Business Description

Traded in Other Exchanges
Address
3350 Peachtree Road NE, Suite 1500, Atlanta, GA, USA, 30326
PulteGroup Inc is one of the largest homebuilders in the United States, operating in 42 markets across 24 states. The company mainly builds single-family detached homes (85% of unit sales) and offers products to entry-level, move-up, and active-adult buyers. PulteGroup offers homebuyers mortgage financing and title agency services through its financial services segment. The company is headquartered in Atlanta.
Executives
Lila Snyder director 3001, SUMMER STREET, STAMFORD CT 06926
Kevin A Henry officer: EVP and Chief People Officer 13024 BALLANTYNE CORPORATE PLACE, HARRIS BUILDING, SUITE 900, CHARLOTTE NC 28277
Matthew William Koart officer: Exec. VP & COO 3350 PEACHTREE ROAD NE, SUITE 1500, ATLANTA GA 30326
Robert Oshaughnessy officer: Exec. VP & CFO 2555 TELEGRAPH RD., BLOOMFIELD HILLS MI 48302
Brian P Anderson director C/O PULTE HOMES, INC., 100 BLOOMFIELD HILLS PKWY #300, BLOOMFIELD HILLS MI 48304
Ryan Marshall officer: Area President 24311 WALDEN CENTER DR, STE 300, BONITA SPRINGS FL 34134
John James Chadwick officer: Area President 3350 PEACHTREE ROAD NORTHEAST, SUITE 150, ATLANTA GA 30326
Brien P. O'meara officer: Vice President & Controller 3350 PEACHTREE ROAD, N.E., SUITE 150, ATLANTA GA 30326
James Phillip Holloman director P.O. BOX 625737, 6800 CINTAS BOULEVARD, CINCINNATI OH 45262
Todd N Sheldon officer: EVP, Gen Counsel, Corp Sec'y 3350 PEACHTREE ROAD NORTHEAST, SUITE 150, ATLANTA GA 30326
Stephen P Schlageter other: Area President 3350 PEACHTREE ROAD NORTHEAST, SUITE 150, ATLANTA GA 30326
Bill Pulte director 321 N. CLARK STREET, SUITE #500, CHICAGO IL 60654
Bryce Blair director
James L Ossowski officer: VP Finance & Controller 100 BLOOMFIELD HILLS PKWY, STE 300, BLOOMFIELD HILLS MI 48304
Michelle H. Hairston officer: Senior Vice President - HR 2308 WEST MORELAND STREET, FALLS CHURCH VA 22046

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