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BrightView Holdings (BrightView Holdings) Accounts Receivable : $421 Mil (As of Mar. 2024)


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What is BrightView Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. BrightView Holdings's accounts receivables for the quarter that ended in Mar. 2024 was $421 Mil.

Accounts receivable can be measured by Days Sales Outstanding. BrightView Holdings's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 57.06.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. BrightView Holdings's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-17.21.


BrightView Holdings Accounts Receivable Historical Data

The historical data trend for BrightView Holdings'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.

BrightView Holdings Accounts Receivable Chart

BrightView Holdings Annual Data
Trend Dec15 Dec16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only 333.70 319.20 378.90 397.60 442.30

BrightView Holdings 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 413.10 445.70 442.30 418.90 420.80

BrightView Holdings Accounts Receivable Calculation

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


BrightView Holdings 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=420.8/672.9*91
=57.06

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

BrightView Holdings'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)
=(177.3+0.75 * 420.8+0.5 * 0-1610.6
-507.1-0)/94.4
=-17.21

* 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.


BrightView Holdings Accounts Receivable Related Terms

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BrightView Holdings (BrightView Holdings) Business Description

Traded in Other Exchanges
Address
980 Jolly Road, Blue Bell, PA, USA, 19422
BrightView Holdings Inc is a provider of commercial landscaping services in the United States. The company provides commercial landscaping services, landscape maintenance, and enhancements to tree care and landscape development. It operates through two segments namely Maintenance Services, and Development Services. The Maintenance Services are self-performed through a national branch network and are route-based in nature, and the Development Services are comprised of sophisticated design, coordination, and installation of landscapes at recognizable corporate, athletic, and university complexes. The company generates a majority of its revenue from Maintenance Services.
Executives
Thomas C Donnelly officer: See Remarks C/O BRIGHTVIEW HOLDINGS, INC., 401 PLYMOUTH ROAD, SUITE 500, PLYMOUTH MEETING PA 19462-1646
William L Cornog director C/O KOHLBERG KRAVIS ROBERTS & CO. L.P., 9 WEST 57TH STREET, SUITE 4200, NEW YORK NY 10019
Jonathan Mark Gottsegen officer: See Remarks C/O UNITED RENTALS, INC., 100 FIRST STAMFORD PL, STAMFORD CT 06902
Dale A Asplund officer: President and CEO C/O BRIGHTVIEW HOLDINGS, INC., 980 JOLLY ROAD, SUITE 300, BLUE BELL PA 19422
Birch-or Equity Holdings, Llc director, 10 percent owner C/O ONE ROCK CAPITAL PARTNERS, LLC, 30 ROCKEFELLER PLAZA, 54TH FLOOR, NEW YORK NY 10112
One Rock Capital Partners Iii Gp, Lp director, 10 percent owner C/O ONE ROCK CAPITAL PARTNERS, LLC, 30 ROCKEFELLER PLAZA, 54TH FLOOR, NEW YORK NY 10112
Tony W Lee director, 10 percent owner C/O ONE ROCK CAPITAL PARTNERS, LLC, 45 ROCKEFELLER PLAZA, 39TH FLOOR, NEW YORK NY 10111
Birch Equity Holdings Gp, Llc director, 10 percent owner C/O ONE ROCK CAPITAL PARTNERS, LLC, 45 ROCKEFELLER PLAZA, 39TH FLOOR, NEW YORK NY 10111
Orcp Gp Professionals, Llc director, 10 percent owner C/O ONE ROCK CAPITAL PARTNERS, LLC, 45 ROCKEFELLER PLAZA, 39TH FLOOR, NEW YORK NY 10111
Birch Equity Holdings, Lp director, 10 percent owner C/O ONE ROCK CAPITAL PARTNERS, LLC, 45 ROCKEFELLER PLAZA, 39TH FLOOR, NEW YORK NY 10111
Joshua D Goldman director C/O ONE ROCK CAPITAL PARTNERS, LLC, 45 ROCKEFELLER PLAZA, 39TH FLOOR, NEW YORK NY 10111
One Rock Capital Partners Iii, Lp director, 10 percent owner ONE ROCK CAPITAL PARTNERS, LLC, 45 ROCKEFELLER PLAZA, 39TH FLOOR, NEW YORK NY 10111
Scott Spielvogel director, 10 percent owner C/O ONE ROCK CAPITAL PARTNERS, LLC, 45 ROCKEFELLER PLAZA, 39TH FLOOR, NEW YORK NY 10111
Kurtis T Barker director C/O ONE ROCK CAPITAL PARTNERS, LLC, 45 ROCKEFELLER PLAZA, 39TH FLOOR, NEW YORK NY 10111
Brian Edward Jackson officer: Chief Accounting Officer C/O BRIGHTVIEW HOLDINGS, INC., 980 JOLLY ROAD, SUITE 300, BLUE BELL PA 19422