CSN Mineracao (BSP:CMIN3) Change In Receivables: R$-1,503 Mil (TTM As of Mar. 2026)

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BSP:CMIN3 CSN Mineracao SA BSP:CMIN3
72 GF Score
Price R$5.71
GF Value R$5.16
Valuation Modestly Overvalued
! 11 Warning Signs
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What is CSN Mineracao Change In Receivables?

CSN Mineracao BSP:CMIN3 -0.17% 72 Change In Receivables is R$-1,503 Mil as of Mar. 2026. GuruFocus rates BSP:CMIN3 with a GF Score™ of 72/100 and a GF Value™ of R$5.16 (Modestly Overvalued). The stock has 11 warning signs investors should review.

CSN Mineracao's change in receivables for the quarter that ended in Mar. 2026 was R$-350 Mil. It means CSN Mineracao's Accounts Receivable increased by R$350 Mil from Dec. 2025 to Mar. 2026 .

CSN Mineracao's change in receivables for the fiscal year that ended in Dec. 2025 was R$-722 Mil. It means CSN Mineracao's Accounts Receivable increased by R$722 Mil from Dec. 2024 to Dec. 2025 .

CSN Mineracao's Accounts Receivable for the quarter that ended in Mar. 2026 was R$2,257 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. CSN Mineracao's Days Sales Outstanding for the three months ended in Mar. 2026 was 55.60.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. CSN Mineracao's liquidation value for the three months ended in Mar. 2026 was R$-16,137 Mil.

CSN Mineracao  (BSP:CMIN3) 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.

CSN Mineracao's Days Sales Outstanding for the quarter that ended in Mar. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=2257.136/3704.133*91
=55.60

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

CSN Mineracao's liquidation value for the quarter that ended in Mar. 2026 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=8861.073-27107.735+0.75 * 2257.136+0.5 * 833.78
=-16,137

* 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.

CSN Mineracao Change In Receivables Related Terms

CSN Mineracao Change In Receivables Historical Data

* Premium members only.

The historical data trend for CSN Mineracao'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.

CSN Mineracao Change In Receivables Chart

CSN Mineracao Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Change In Receivables
Get a 7-Day Free Trial Premium Member Only 2,023.34 -972.10 -309.70 394.42 -721.52

CSN Mineracao Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Change In Receivables 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 431.98 16.44 -796.37 -373.57 -349.89
BSP:CMIN3
72GF Score
CSN Mineracao SA BSP:CMIN3
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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CSN Mineracao 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 Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was R$-1,503 Mil.

* 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.

Frequently Asked Questions Learn more about Change In Receivables →
What does a Change In Receivables of R$-1,503 Mil mean?
CSN Mineracao (BSP:CMIN3) has a Change In Receivables of R$-1,503 Mil as of Mar. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for CSN Mineracao and its competitors.
Is CSN Mineracao's Change In Receivables too high?
CSN Mineracao's current Change In Receivables is R$-1,503 Mil. Overall, CSN Mineracao has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CSN Mineracao's Change In Receivables compare to NUE and STLD?
CSN Mineracao's Change In Receivables of R$-1,503 Mil can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Receivables for a Steel company?
A good Change In Receivables depends on the Steel industry context. However, Change In Receivables should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Receivables mean?
A high Change In Receivables can signal that a stock is expensive relative to its fundamentals. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for CSN Mineracao and its competitors. CSN Mineracao's current Change In Receivables is R$-1,503 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CSN Mineracao stock overvalued right now?
Based on GuruFocus' analysis, CSN Mineracao (BSP:CMIN3) is currently considered Modestly Overvalued. The stock's GF Value™ is R$5.16, compared to a current price of R$5.71 — trading 10.7% above its estimated fair value. The current Change In Receivables is R$-1,503 Mil. CSN Mineracao's overall GF Score™ is 72/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Receivables calculated?
Change In Receivables is calculated from a company's financial statements. For CSN Mineracao (BSP:CMIN3), the current Change In Receivables is R$-1,503 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is CSN Mineracao (BSP:CMIN3) Overvalued in 2026?

Based on GuruFocus' analysis, CSN Mineracao stock appears to be overvalued. The current stock price of R$5.71 is trading 10.7% above its estimated GF Value™ of R$5.16. GuruFocus considers CSN Mineracao to be Modestly Overvalued.

Key valuation signals for BSP:CMIN3:

  • Change In Receivables: R$-1,503 Mil
  • GF Value™: R$5.16 vs. price of R$5.71 (10.7% above fair value)
  • GF Score™: 72/100 with 11 warning signs

No single metric tells the full story. See the BSP:CMIN3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

CSN Mineracao Business Description

Address Casa de Pedra, PO Box: 97, Congonhas, MG, BRA, 36415-000
CSN Mineracao SA is engaged in the steelmaking business. The company operates in steel, mining, cement, logistics, and energy segments. The product portfolio includes flat, long, steel packaging, steel cutting services, and others. The company operates in Asia, Europe, and the domestic country, with the majority of revenue from Asia.
72GF Score

Get the complete analysis for BSP:CMIN3

Change In Receivables is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$5.71
Price
R$5.16
GF Value