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Gibraltar Industries (Gibraltar Industries) 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 $293 Mil. Gibraltar Industries's average Accounts Receivable for the three months ended in Mar. 2024 was $186 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.

* Premium members only.

Gibraltar Industries Receivables Turnover Chart

Gibraltar Industries 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 7.37 7.03 7.44 7.62 7.71

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 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 1.59 1.73 1.74 1.67 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 )
=1377.736 / ((179.17 + 178.087) / 2 )
=1377.736 / 178.6285
=7.71

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 )
=292.506 / ((178.087 + 194.343) / 2 )
=292.506 / 186.215
=1.57

* 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.


Gibraltar Industries  (NAS:ROCK) 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

Thank you for viewing the detailed overview of Gibraltar Industries's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Gibraltar Industries (Gibraltar Industries) Business Description

Traded in Other Exchanges
Address
3556 Lake Shore Road, P.O. Box 2028, Buffalo, NY, USA, 14219-0228
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.
Executives
James B Nish director 3556 LAKESHORE RD., BLASDELL NY 14219
Janet Anne Catlett officer: VP, CHRO 22 WEST FRONTAGE ROAD, NORTHFIELD IL 60093
Linda Kristine Myers director 3556 LAKE SHORE ROAD, P.O. BOX 2028, BUFFALO NY 14219
Katherine Bolanowski officer: General Counsel, VP, Secretary 3556 LAKE SHORE ROAD, BUFFALO NY 14219
Patrick Burns officer: Chief Operating Officer 3005 HIGHLAND PARKWAY, SUITE 200, DOWNERS GROVE IL 60515
Jeffrey J. Watorek officer: VP, Treasurer, Secretary 3556 LAKESHORE ROAD, BLASDELL NY 14219
Elizabeth Jensen officer: Chief Human Resources Officer 5928 HIGHLAND HILLS CIRCLE, FORT COLLINS CO 80528
Gwendolyn G Mizell director 800 S HANLEY SUITE 8D, CLAYTON MO 63105
Manish H Shah director 9618 BOUCHAINE PASS, BRENTWOOD TN 37027
Mark G Barberio director 19 WIK STREET, WILLIAMSVILLE NY 14221
Vinod M Khilnani director 905 WEST BLVD NORTH, ELKHART IN 46514
Sharon M Brady director 3600 W. LAKE AVENUE, GLENVIEW IL 60026
William P Montague director
Atlee Valentine Pope director 3556 LAKE SHORE ROAD, P.O. BOX 2028, BUFFALO NY 14219
Craig A Hindman director ILLINOIS TOOL WORKS INC., 3600 WEST LAKE AVENUE, GLENVIEW IL 60026