Core Molding Technologies (Core Molding Technologies) Change In Receivables : $2.6 Mil (TTM As of Dec. 2023)

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What is Core Molding Technologies Change In Receivables?

Core Molding Technologies's change in receivables for the quarter that ended in Dec. 2023 was $4.2 Mil. It means Core Molding Technologies's Accounts Receivable declined by $4.2 Mil from Sep. 2023 to Dec. 2023 .

Core Molding Technologies's change in receivables for the fiscal year that ended in Dec. 2023 was $2.6 Mil. It means Core Molding Technologies's Accounts Receivable declined by $2.6 Mil from Dec. 2022 to Dec. 2023 .

Core Molding Technologies's Accounts Receivable for the quarter that ended in Dec. 2023 was $41.7 Mil.

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 Receivable are being managed. Core Molding Technologies's Days Sales Outstanding for the three months ended in Dec. 2023 was 51.59.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Core Molding Technologies's liquidation value for the three months ended in Dec. 2023 was $-8.0 Mil.

Core Molding Technologies Change In Receivables Historical Data

The historical data trend for Core Molding Technologies's Change In Receivables 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.

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Core Molding Technologies Change In Receivables Chart

Core Molding Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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13.04

4.84

-8.95

-9.00

2.55

Core Molding Technologies Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial															10.04	-8.24	2.13	4.43	4.23

Core Molding Technologies Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $2.6 Mil.

Core Molding Technologies (AMEX:CMT) Change In Receivables 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 Receivable are being managed.

Core Molding Technologies's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	41.711	/	73.777	*	91
=	51.59

2. In Ben Graham's calculation of liquidation value, Core Molding Technologies's accounts receivable are only considered to be worth 75% of book value:

Core Molding Technologies's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	24.104	-	74.424	+	0.75 * 41.711	+	0.5 * 22.063
=	-8.0

Core Molding Technologies Change In Receivables Related Terms

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Core Molding Technologies (Core Molding Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Core Molding Technologies Inc (AMEX:CMT) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

XQN:Germany

Address

800 Manor Park Drive, Columbus, OH, USA, 43228-0183

Website

https://www.coremt.com

Core Molding Technologies Inc operates in the engineered materials market as one operating segment as a molder of thermoplastic and thermoset structural products. It produces and sells molded products for varied markets, including medium and heavy-duty trucks, automobiles, power sports, construction and agriculture, building products, and other industrial markets. The processes include compression molding of sheet molding compound (SMC), resin transfer molding (RTM), liquid molding of dicyclopentadiene (DCPD), spray-up and hand-lay-up, direct long-fiber thermoplastics (D-LFT) and structural foam, and structural web injection molding (SIM). It operates in Columbus, Ohio, Columbus, and Batavia, Ohio; Gaffney, South Carolina; Winona, Minnesota; Matamoros and others.

Executives

John P Zimmer	officer: VP, Treasurer, Secretary & CFO	800 MANOR PARK DRIVE, COLUMBUS OH 43228
Renee R Anderson	officer: EVP, Human Resources	800 MANOR PARK DR, COLUMBUS OH 43228
Eric Palomaki	officer: Vice President of Operations	800 MANOR PARK DRIVE, COLUMBUS OH 43228
David L. Duvall	director, officer: Chief Executive Officer	800 MANOR PARK DRIVE, COLUMBUS OH 43228
Thomas R Cellitti	director	493 S KENILWORTH AVENUE, ELMHURST IL 60126
Ralph O Hellmold	director
Matthew Jauchius	director	800 MANOR PARK DRIVE, COLUMBUS OH 43228
James C Highfield	officer: EVP, Sales and Marketing	800 MANOR PARK DRIVE, COLUMBUS OH 43228
Andrew O Smith	director	800 MANOR PARK DRIVE, COLUMBUS OH 43228
James F Crowley	director
Sandra Lee Kowaleski	director	800 MANOR PARK DRIVE, COLUMBUS OH 43228
James L Simonton	director
Robert P Price	officer: Vice President of Operations	800 MANOR PARK DRIVE, COLUMBUS OH 43228
Terrence James O'donovan	officer: VP, Marketing and Sales	800 MANOR PARK DRIVE, COLUMBUS OH 43228
Kevin L Barnett	director, officer: President and CEO