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Cim Financial Services (XMAU:CIM.N0000) Accounts Receivable : MUR0 Mil (As of Dec. 2024)


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What is Cim Financial Services Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Cim Financial Services's accounts receivables for the quarter that ended in Dec. 2024 was MUR0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Cim Financial Services's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 0.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Cim Financial Services's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was MUR-30.89.


Cim Financial Services Accounts Receivable Historical Data

The historical data trend for Cim Financial Services'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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Cim Financial Services Accounts Receivable Chart

Cim Financial Services Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.20 0.40 - - -

Cim Financial Services 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 - - - - -

Cim Financial Services Accounts Receivable Calculation

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


Cim Financial Services 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.

Cim Financial Services's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/996.5*91
=0.00

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

Cim Financial Services'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)
=(798.9+0.75 * 0+0.5 * 2.5-21582.1
-0-236.7)/680.522
=-30.89

* 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.


Cim Financial Services Accounts Receivable Related Terms

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Cim Financial Services Business Description

Traded in Other Exchanges
N/A
Address
Cnr Edith Cavell & Mere Barthelemy Streets, P.O. Box 297, Cim House, Port Louis, MUS, 11302
Cim Financial Services Ltd offers financial services in Mauritius. It offers services such as Consumer Finance, Cards & Payments, Leasing and Factoring among others. The company's operating segment includes Finance and Investments. It generates maximum revenue from the Finance segment which includes activities such as consumer credit, leasing, card acquiring and issuing, factoring, and foreign exchange dealing. Operates in Mauritius and Kenya and gained revenue from Mauritius.

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