CBSH (Commerce Bancshares) Change In Receivables : $-3 Mil (TTM As of Sep. 2024)

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What is Commerce Bancshares Change In Receivables?

Commerce Bancshares's change in receivables for the quarter that ended in Sep. 2024 was $-8 Mil. It means Commerce Bancshares's Accounts Receivable increased by $8 Mil from Jun. 2024 to Sep. 2024 .

Commerce Bancshares's change in receivables for the fiscal year that ended in Dec. 2023 was $-6 Mil. It means Commerce Bancshares's Accounts Receivable increased by $6 Mil from Dec. 2022 to Dec. 2023 .

Commerce Bancshares's Accounts Receivable for the quarter that ended in Sep. 2024 was $0 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. Commerce Bancshares's Days Sales Outstanding for the three months ended in Sep. 2024 was 0.00.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Commerce Bancshares's liquidation value for the three months ended in Sep. 2024 was $-15,722 Mil.

Commerce Bancshares Change In Receivables Historical Data

The historical data trend for Commerce Bancshares'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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Commerce Bancshares Change In Receivables Chart

Commerce Bancshares Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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3.32

-13.40

19.79

-28.44

-5.99

Commerce Bancshares Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Change In Receivables	Get a 7-Day Free Trial															-7.19	1.88	0.56	2.23	-7.67

Commerce Bancshares 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-3 Mil.

Commerce Bancshares (NAS:CBSH) 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.

Commerce Bancshares's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0	/	425.248	*	91
=	0.00

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

Commerce Bancshares's liquidation value for the quarter that ended in Sep. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	12317.67	-	28040.053	+	0.75 * 0	+	0.5 * 0
=	-15,722

Commerce Bancshares Change In Receivables Related Terms

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Commerce Bancshares Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Commerce Bancshares Inc (NAS:CBSH) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

CB5:Germany

Address

1000 Walnut, Kansas City, MO, USA, 64106

Website

https://www.commercebank.com

Commerce Bancshares Inc. is a $22 billion regional bank that provides a diversified line of financial services, including business and personal banking, wealth management, financial planning, and investments through its affiliated companies. Commerce Bank operates in more than 200 locations in the central United States. Commerce Bancshares also has operating subsidiaries involved in mortgage banking, leasing, credit-related insurance, venture capital, and real estate activities.

Executives

Derrick Brooks	officer: Senior Vice President	COMMERCE BANK, PO BOX 419248, KANSAS CITY MO 64141-6248
Patricia R Kellerhals	officer: Senior Vice President	PO BOX 419248, KANSAS CITY MO 64141-6248
Richard W Heise	officer: Senior Vice President	PO BOX 419248, KANSAS CITY MO 64141-6248
David L. Roller	officer: Senior Vice President	PO BOX 419248, KANSAS CITY MO 64141-6248
Paula S Petersen	officer: Senior Vice President	PO BOX 419248, KANSAS CITY MO 64141-6248
Kim L Jakovich	officer: Senior Vice President	P.O. BOX 419248, KANSAS CITY MO 64141-6248
Douglas D Neff	officer: Senior Vice President	PO BOX 419248, KANSAS CITY MO 64141-6248
Paul A Steiner	officer: Controller	PO BOX 419248, KANSAS CITY MO 64141-6248
John W Kemper	officer: Senior Vice President	PO BOX 419248, KANSAS CITY MO 64141-6248
David W Kemper	director, officer: Chairman, CEO and President	PO BOX 419248, KANSAS CITY MO 64141-6248
John K Handy	officer: Executive Vice President	PO BOX 419248, KANSAS CITY MO 64141-6248
June Mcallister Fowler	director	P.O. BOX 419248, KANSAS CITY MO 64141-6248
David L Orf	officer: Exec. Vice President & CCO	COMMERCE BANK, PO BOX 419248, KANSAS CITY MO 64141-6248
Kevin G Barth	officer: Senior Vice President	PO BOX 419248, KANSAS CITY MO 64141-6248
Charles G Kim	officer: Executive Vice President	PO BOX 419248, KANSAS CITY MO 64141-6248