Ciments du Maroc (CAS:CMA) Change In Receivables : MAD0 Mil (TTM As of Jun. 2024)

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What is Ciments du Maroc Change In Receivables?

Ciments du Maroc's change in receivables for the quarter that ended in Jun. 2024 was MAD0 Mil. It means Ciments du Maroc's Accounts Receivable stayed the same from Dec. 2023 to Jun. 2024 .

Ciments du Maroc's change in receivables for the fiscal year that ended in Dec. 2023 was MAD0 Mil. It means Ciments du Maroc's Accounts Receivable stayed the same from Dec. 2022 to Dec. 2023 .

Ciments du Maroc's Accounts Receivable for the quarter that ended in Jun. 2024 was MAD751 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. Ciments du Maroc's Days Sales Outstanding for the six months ended in Jun. 2024 was 68.60.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Ciments du Maroc's liquidation value for the six months ended in Jun. 2024 was MAD-578 Mil.

Ciments du Maroc Change In Receivables Historical Data

The historical data trend for Ciments du Maroc'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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Ciments du Maroc Change In Receivables Chart

Ciments du Maroc Annual Data

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Change In Receivables

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Ciments du Maroc Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Change In Receivables	Get a 7-Day Free Trial															-	-	-	-	-

Ciments du Maroc 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was MAD0 Mil.

Ciments du Maroc (CAS:CMA) 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.

Ciments du Maroc's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	751.364	/	1999.023	*	91
=	68.60

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

Ciments du Maroc's liquidation value for the quarter that ended in Jun. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	1005.627	-	2518.748	+	0.75 * 751.364	+	0.5 * 742.873
=	-578

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Ciments du Maroc Business Description

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Address

621. Boulevard Panoramique, Casablanca, MAR, 20150

Website

http://www.cimentsdumaroc.com

Ciments du Maroc SA is a cement producer in Morocco and acts as an operator in ready-mixed concrete and aggregates. The product line of the company includes cement, concrete ready-to-use, aggregates, and others. It also offers its customers a Technical Assistance service including maturometry, MBE (Equivalent Concrete Mortar) tests, cement slurry tests or quick identification of cement. The company operates MyCimar portal which allows customers to consult the movements of their activity with the company.