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SID (Companhia Siderurgica Nacional) Accounts Receivable : $475 Mil (As of Dec. 2024)


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What is Companhia Siderurgica Nacional Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Companhia Siderurgica Nacional's accounts receivables for the quarter that ended in Dec. 2024 was $475 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Companhia Siderurgica Nacional's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 22.01.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Companhia Siderurgica Nacional's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was $-7.42.


Companhia Siderurgica Nacional Accounts Receivable Historical Data

The historical data trend for Companhia Siderurgica Nacional'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.

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Companhia Siderurgica Nacional Accounts Receivable Chart

Companhia Siderurgica Nacional Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 557.34 459.40 616.38 667.33 475.50

Companhia Siderurgica Nacional Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 667.33 499.37 473.08 418.63 475.50

Companhia Siderurgica Nacional Accounts Receivable Calculation

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


Companhia Siderurgica Nacional 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.

Companhia Siderurgica Nacional's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=475.495/1971.175*91
=22.01

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

Companhia Siderurgica Nacional's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2024 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)
=(3970.582+0.75 * 475.495+0.5 * 1711.152-14497.22
-0-522.485)/1326.094
=-7.42

* 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.


Companhia Siderurgica Nacional Accounts Receivable Related Terms

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Companhia Siderurgica Nacional Business Description

Address
Avenue Brigadeiro Faria Lima, 3400, 20th Floor, Sao Paulo, SP, BRA, 04538-132
Companhia Siderurgica Nacional is an integrated steel producer. together with its subsidiaries operates in five main business segments: Steel industry: production and marketing of flat and long steels; Mining: extraction, processing and marketing of iron ore, tin, limestone and dolomite; Cement: production and commercialization of bagged and bulk cement, in addition to aggregates, concrete, and other related products; Energy: generation and sale of energy from almost all renewable sources; and Logistics: participations in railways and port terminals. The group generates the majority of its revenue from the Steel industry segment. Geographically, it derives a majority of revenue from Asia.