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Canadian Imperial Bank of Commerce (TSX:CM.PR.R.PFD) Change In Receivables : C$-1,013.00 Mil (TTM As of Jul. 2024)


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What is Canadian Imperial Bank of Commerce Change In Receivables?

Canadian Imperial Bank of Commerce's change in receivables for the quarter that ended in Jul. 2024 was C$53.00 Mil. It means Canadian Imperial Bank of Commerce's Accounts Receivable declined by C$53.00 Mil from Apr. 2024 to Jul. 2024 .

Canadian Imperial Bank of Commerce's change in receivables for the fiscal year that ended in Oct. 2023 was C$-1,272.00 Mil. It means Canadian Imperial Bank of Commerce's Accounts Receivable increased by C$1,272.00 Mil from Oct. 2022 to Oct. 2023 .

Canadian Imperial Bank of Commerce's Accounts Receivable for the quarter that ended in Jul. 2024 was C$0.00 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. Canadian Imperial Bank of Commerce's Days Sales Outstanding for the three months ended in Jul. 2024 was 0.00.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Canadian Imperial Bank of Commerce's liquidation value for the three months ended in Jul. 2024 was C$-838,523.00 Mil.


Canadian Imperial Bank of Commerce Change In Receivables Historical Data

The historical data trend for Canadian Imperial Bank of Commerce'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.

* Premium members only.

Canadian Imperial Bank of Commerce Change In Receivables Chart

Canadian Imperial Bank of Commerce Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -122.00 97.00 46.00 -959.00 -1,272.00

Canadian Imperial Bank of Commerce Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
Change In Receivables 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 108.00 -528.00 -63.00 -475.00 53.00

Canadian Imperial Bank of Commerce 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 Jul. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-1,013.00 Mil.

* 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.


Canadian Imperial Bank of Commerce  (TSX:CM.PR.R.PFD) 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.

Canadian Imperial Bank of Commerce's Days Sales Outstanding for the quarter that ended in Jul. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/6584*91
=0.00

2. In Ben Graham's calculation of liquidation value, Canadian Imperial Bank of Commerce's accounts receivable are only considered to be worth 75% of book value:

Canadian Imperial Bank of Commerce's liquidation value for the quarter that ended in Jul. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=125101-963624+0.75 * 0+0.5 * 0
=-838,523.00

* 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.


Canadian Imperial Bank of Commerce Change In Receivables Related Terms

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Canadian Imperial Bank of Commerce Business Description

Address
81 Bay Street, CIBC Square, Toronto, ON, CAN, M5J 0E7
Canadian Imperial Bank of Commerce is Canada's fifth-largest bank and operates three business segments: retail and business banking, wealth management, and capital markets. It serves approximately 11 million personal banking and business customers, primarily in Canada.

Canadian Imperial Bank of Commerce Headlines

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