SiteOne Change Receivables from 2010 to 2024

SITE Stock  USD 148.77  5.63  3.93%   
SiteOne Landscape's Change Receivables is decreasing over the years with slightly volatile fluctuation. Change Receivables is expected to dwindle to about -42.1 M. Change Receivables is the difference in the amount of accounts receivable from one accounting period to the next. A positive number indicates an increase in receivables, while a negative number indicates a decrease. View All Fundamentals
 
Change Receivables  
First Reported
2016-03-31
Previous Quarter
-39.3 M
Current Value
-71.9 M
Quarterly Volatility
42.3 M
 
Yuan Drop
 
Covid
Check SiteOne Landscape financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among SiteOne Landscape's main balance sheet or income statement drivers, such as Depreciation And Amortization of 134.1 M, Interest Expense of 22 M or Total Revenue of 2.5 B, as well as many indicators such as Price To Sales Ratio of 0.98, Dividend Yield of 0.088 or PTB Ratio of 5.22. SiteOne financial statements analysis is a perfect complement when working with SiteOne Landscape Valuation or Volatility modules.
  
Check out the analysis of SiteOne Landscape Correlation against competitors.

Latest SiteOne Landscape's Change Receivables Growth Pattern

Below is the plot of the Change Receivables of SiteOne Landscape Supply over the last few years. It is the difference in the amount of accounts receivable from one accounting period to the next. A positive number indicates an increase in receivables, while a negative number indicates a decrease. SiteOne Landscape's Change Receivables historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in SiteOne Landscape's overall financial position and show how it may be relating to other accounts over time.
Change Receivables10 Years Trend
Slightly volatile
   Change Receivables   
       Timeline  

SiteOne Change Receivables Regression Statistics

Arithmetic Mean(28,325,800)
Coefficient Of Variation(83.55)
Mean Deviation17,724,293
Median(18,700,000)
Standard Deviation23,665,202
Sample Variance560T
Range98.2M
R-Value(0.42)
Mean Square Error495.3T
R-Squared0.18
Significance0.12
Slope(2,237,389)
Total Sum of Squares7840.6T

SiteOne Change Receivables History

2024-42.1 M
2023-40.1 M
2022-44.6 M
2021-92.1 M
20202.8 M
20196.1 M
2018-43.4 M

About SiteOne Landscape Financial Statements

SiteOne Landscape stakeholders use historical fundamental indicators, such as SiteOne Landscape's Change Receivables, to determine how well the company is positioned to perform in the future. Although SiteOne Landscape investors may analyze each financial statement separately, they are all interrelated. For example, changes in SiteOne Landscape's assets and liabilities are reflected in the revenues and expenses on SiteOne Landscape's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in SiteOne Landscape Supply. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Change Receivables-40.1 M-42.1 M

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When determining whether SiteOne Landscape Supply is a strong investment it is important to analyze SiteOne Landscape's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact SiteOne Landscape's future performance. For an informed investment choice regarding SiteOne Stock, refer to the following important reports:
Check out the analysis of SiteOne Landscape Correlation against competitors.
You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Trading Companies & Distributors space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of SiteOne Landscape. If investors know SiteOne will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about SiteOne Landscape listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.22)
Earnings Share
3.11
Revenue Per Share
99.324
Quarterly Revenue Growth
0.056
Return On Assets
0.0452
The market value of SiteOne Landscape Supply is measured differently than its book value, which is the value of SiteOne that is recorded on the company's balance sheet. Investors also form their own opinion of SiteOne Landscape's value that differs from its market value or its book value, called intrinsic value, which is SiteOne Landscape's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SiteOne Landscape's market value can be influenced by many factors that don't directly affect SiteOne Landscape's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SiteOne Landscape's value and its price as these two are different measures arrived at by different means. Investors typically determine if SiteOne Landscape is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SiteOne Landscape's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.