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Comcm Constanta (BSE:CMCM) Accounts Receivable : lei2.92 Mil (As of Mar. 2023)


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What is Comcm Constanta Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Comcm Constanta's accounts receivables for the quarter that ended in Mar. 2023 was lei2.92 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Comcm Constanta's Days Sales Outstanding for the quarter that ended in Mar. 2023 was 1,189.10.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Comcm Constanta's Net-Net Working Capital per share for the quarter that ended in Mar. 2023 was lei-0.16.


Comcm Constanta Accounts Receivable Historical Data

The historical data trend for Comcm Constanta's Accounts Receivable 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.

Comcm Constanta Accounts Receivable Chart

Comcm Constanta Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.98 4.80 8.21 2.93 3.89

Comcm Constanta Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Dec23
Accounts Receivable 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 6.65 4.86 2.93 2.92 3.89

Comcm Constanta Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


Comcm Constanta Accounts Receivable 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 receivables are being managed.

Comcm Constanta's Days Sales Outstanding for the quarter that ended in Mar. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=2.919/0.224*91
=1,189.10

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Comcm Constanta's accounts receivable are only considered to be worth 75% of book value:

Comcm Constanta's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2023 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(20.406+0.75 * 2.919+0.5 * 0-60.306
-0-0)/236.317
=-0.16

* 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.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


Comcm Constanta Accounts Receivable Related Terms

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Comcm Constanta (BSE:CMCM) Business Description

Traded in Other Exchanges
N/A
Address
Bulevardul Aurel Vlaicu 144, Constanta, ROU, 900498
Comcm SA Constanta is engaged in the manufacture of concrete, and as auxiliary activities: industrial production for constructions, civil constructions of quarry products, rebars, and prefabricated products. As civil engineering and industrial construction activities. Its main activity is the rental of machinery, but also the extraction and sorting of sand.