SiteOne Landscape Supply (SITE) Change in Receivables (2015 - 2019)

SiteOne Landscape Supply (SITE) has reported Change in Receivables for 5 consecutive years, with -$20.2 million the latest figure, recorded in Q3 2019.

• In Q3 2019, Change in Receivables rose 26.81% year-over-year to -$20.2 million; the TTM figure through Sep 2019 stood at $11.8 million (down 65.99% YoY), while the FY2018 annual figure was $43.4 million, up 7.16% from the prior year.
• Change in Receivables fell to -$20.2 million in Q3 2019 per SITE's latest filing, from $77.4 million in the prior quarter.
• Across five years, Change in Receivables topped out at $91.2 million in Q3 2018 and bottomed at -$33.4 million in Q1 2017.
• Historically, Change in Receivables has averaged $11.4 million across 5 years, with a median of -$2.4 million in 2017.
• Annual changes were most pronounced in 2016 — Change in Receivables jumped 305.5% — and 2019, when it slumped 614.63%.
• SiteOne Landscape Supply's Change in Receivables stood at -$26.9 million in 2015, then soared by 264.31% to $44.2 million in 2016, then plunged by 174.66% to -$33.0 million in 2017, then climbed by 26.36% to -$24.3 million in 2018, then increased by 16.87% to -$20.2 million in 2019.
• Business Quant data shows SITE's Change in Receivables at -$20.2 million in Q3 2019, $77.4 million in Q2 2019, and -$21.1 million in Q1 2019.