Commercial Metals Co (Commercial Metals Co) Change In Receivables : $0 Mil (TTM As of Feb. 2024)

View and export this data going back to 1982. Start your Free Trial

What is Commercial Metals Co Change In Receivables?

Commercial Metals Co's change in receivables for the quarter that ended in Feb. 2024 was $0 Mil. It means Commercial Metals Co's Accounts Receivable stayed the same from Nov. 2023 to Feb. 2024 .

Commercial Metals Co's change in receivables for the fiscal year that ended in Aug. 2023 was $175 Mil. It means Commercial Metals Co's Accounts Receivable declined by $175 Mil from Aug. 2022 to Aug. 2023 .

Commercial Metals Co's Accounts Receivable for the quarter that ended in Feb. 2024 was $1,119 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. Commercial Metals Co's Days Sales Outstanding for the three months ended in Feb. 2024 was 55.22.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Commercial Metals Co's liquidation value for the three months ended in Feb. 2024 was $-387 Mil.

Commercial Metals Co Change In Receivables Historical Data

The historical data trend for Commercial Metals Co'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.

Commercial Metals Co Change In Receivables Chart

Commercial Metals Co Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Change In Receivables

Get a 7-Day Free Trial

27.20

146.38

-228.03

-257.61

175.10

Commercial Metals Co Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Change In Receivables	Get a 7-Day Free Trial															-	-	-	-	-

Commercial Metals Co 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 Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0 Mil.

Commercial Metals Co (NYSE:CMC) 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.

Commercial Metals Co's Days Sales Outstanding for the quarter that ended in Feb. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1118.514	/	1848.287	*	91
=	55.22

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

Commercial Metals Co's liquidation value for the quarter that ended in Feb. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	638.261	-	2439.577	+	0.75 * 1118.514	+	0.5 * 1150.447
=	-387

Commercial Metals Co Change In Receivables Related Terms

Thank you for viewing the detailed overview of Commercial Metals Co's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Commercial Metals Co (Commercial Metals Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Commercial Metals Co (NYSE:CMC) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

CMC1:Mexico CMS:Germany

Address

6565 North MacArthur Boulevard, Irving, TX, USA, 75039

Website

https://www.cmc.com

Commercial Metals Co operates steel mills, steel fabrication plants, and metal recycling facilities in the United States and manufactures rebar and structural steel, which are key product categories for the nonresidential construction sector. The Company has two reportable segments: North America and Europe.

Executives

Barbara Smith	director, officer: Chairman, President & CEO	6565 N. MACARTHUR BLVD., SUITE 800, IVING TX 75039
Stephen William Simpson	officer: SVP, N. American Steel Group	6565 NORTH MACARTHUR BLVD., SUITE 800, IRVING TX 75039
Peter R Matt	director	6565 N. MACARTHUR BLVD, STE 800, IRVING TX 75039
Lindsay L Sloan	officer: VP, Chief Accounting Officer	6565 N. MACARTHUR BLVD, STE 800, IRVING TX 75039
Ty L Garrison	officer: SVP Operations	6565 N. MACARTHUR BLVD, STE 800, IRVING TX 75039
Robert S Wetherbee	director	MINERALS TECHNOLOGIES INC, 622 THIRD AVENUE 38TH FL, NEW YORK NY 10017
John R Mcpherson	director	1200 URBAN CENTER DRIVE, BIRMINGHAM AL 35242
Tracy L Porter	officer: EVP & Chief Operating Officer	6565 N. MACARTHUR BLVD., SUITE 800, IRVING TX 75039
Gary E Mccullough	director	231 N. MARTINGALE ROAD, SCHAUMBURG IL 60173
Jody K Absher	officer: VP General Counsel & Corp Sec	6565 N. MACARTHUR BLVD, STE 800, IRVING TX 75039
Paul James Lawrence	officer: VP & Chief Financial Officer	6565 N. MACARTHUR BLVD., SUITE 800, IRVING TX 75039
Adam R Hickey	officer: VP & Chief Accounting Officer	6565 N. MACARTHUR BLVD., SUITE 800, IRVING TX 75039
Lisa M Barton	director	AMERICAN ELECTRIC POWER COMPANY, INC., 1 RIVERSIDE PLAZA, COLUMBUS OH 43215
J David Smith	director	GMS INC., 100 CRESCENT CENTRE PARKWAY, SUITE 800, TUCKER GA 30084
Charles L Szews	director	6565 N. MACARTHUR BLVD., SUITE 800, IRVING TX 75039