Grupo SimecB de CV (Grupo SimecB de CV) Change In Receivables : $5 Mil (TTM As of Dec. 2023)

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What is Grupo SimecB de CV Change In Receivables?

Grupo SimecB de CV's change in receivables for the quarter that ended in Dec. 2023 was $10 Mil. It means Grupo SimecB de CV's Accounts Receivable declined by $10 Mil from Sep. 2023 to Dec. 2023 .

Grupo SimecB de CV's change in receivables for the fiscal year that ended in Dec. 2023 was $0 Mil. It means Grupo SimecB de CV's Accounts Receivable declined by $0 Mil from Dec. 2022 to Dec. 2023 .

Grupo SimecB de CV's Accounts Receivable for the quarter that ended in Dec. 2023 was $341 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. Grupo SimecB de CV's Days Sales Outstanding for the three months ended in Dec. 2023 was 59.94.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Grupo SimecB de CV's liquidation value for the three months ended in Dec. 2023 was $919 Mil.

Grupo SimecB de CV Change In Receivables Historical Data

The historical data trend for Grupo SimecB de CV'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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Grupo SimecB de CV Change In Receivables Chart

Grupo SimecB de CV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-197.67

-121.86

-93.47

-36.64

0.40

Grupo SimecB de CV 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															53.01	-88.73	94.79	-10.68	9.85

Grupo SimecB de CV 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 $5 Mil.

Grupo SimecB de CV (AMEX:SIM) 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.

Grupo SimecB de CV's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	341.163	/	519.337	*	91
=	59.94

2. In Ben Graham's calculation of liquidation value, Grupo SimecB de CV's accounts receivable are only considered to be worth 75% of book value:

Grupo SimecB de CV'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)
=	1389.328	-	1056.079	+	0.75 * 341.163	+	0.5 * 658.827
=	919

Grupo SimecB de CV Change In Receivables Related Terms

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Grupo SimecB de CV (Grupo SimecB de CV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Grupo Simec SAB de CV (AMEX:SIM) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

SIMECB:Mexico 4FV:Germany

Address

Calzada Lazaro Cardenas 601, Colonia La Nogalera, Guadalajara, JAL, MEX, 44440

Website

https://www.gsimec.com.mx

Grupo Simec SAB de CV is a diversified manufacturer, processor, and distributor of special bar quality, or SBQ, steel, and structural steel products. The United States, Brazil, and Mexico are the biggest markets for the company. The company's SBQ products are used across a broad range of engineered end-user applications, including axles, hubs, and crankshafts for automobiles and light trucks, machine tools, and off-highway equipment. The company's structural steel products are mainly used in the non-residential construction market and other construction applications.