Companhia Siderurgica Nacional (Companhia Siderurgica Nacional) Change In Receivables

: $-219 Mil (TTM As of Sep. 2023)

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Companhia Siderurgica Nacional's change in receivables for the quarter that ended in Sep. 2023 was $-61 Mil. It means Companhia Siderurgica Nacional's Accounts Receivable increased by $61 Mil from Jun. 2023 to Sep. 2023 .

Companhia Siderurgica Nacional's change in receivables for the fiscal year that ended in Dec. 2022 was $-287 Mil. It means Companhia Siderurgica Nacional's Accounts Receivable increased by $287 Mil from Dec. 2021 to Dec. 2022 .

Companhia Siderurgica Nacional's Accounts Receivable for the quarter that ended in Sep. 2023 was $644 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. Companhia Siderurgica Nacional's Days Sales Outstanding for the three months ended in Sep. 2023 was 26.08.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Companhia Siderurgica Nacional's liquidation value for the three months ended in Sep. 2023 was $-9,077 Mil.

Companhia Siderurgica Nacional Change In Receivables Historical Data

The historical data trend for Companhia Siderurgica Nacional'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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Companhia Siderurgica Nacional Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Change In Receivables

121.87

20.81

79.88

239.05

-286.96

Companhia Siderurgica Nacional Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Change In Receivables																69.92	-233.60	-65.99	142.31	-61.39

Companhia Siderurgica Nacional 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-219 Mil.

Companhia Siderurgica Nacional (NYSE:SID) 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.

Companhia Siderurgica Nacional's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	643.701	/	2252.623	*	91
=	26.08

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

Companhia Siderurgica Nacional's liquidation value for the quarter that ended in Sep. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	3331.912	-	13831.334	+	0.75 * 643.701	+	0.5 * 1879.669
=	-9,077

Companhia Siderurgica Nacional Change In Receivables Related Terms

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Companhia Siderurgica Nacional (Companhia Siderurgica Nacional) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Companhia Siderurgica Nacional (NYSE:SID) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

CQWA:Germany CSNA3:Brazil SID:Argentina

Address

Avenue Brigadeiro Faria Lima, 3400, 20th Floor, Sao Paulo, SP, BRA, 04538-132

Website

https://www.csn.com.br

Companhia Siderurgica Nacional is an integrated steel producer. The company operate throughout the entire steel production chain, from the mining of iron ore to the production and sale of a diversified range of steel products. It operates in five segments namely, Steel, Mining, Logistics, Energy, and Cement. It generates maximum revenue from the steel segment. Geographically, it derives a majority of revenue from Asia.