C3is (CISS) Change In Receivables: $0.48 Mil (TTM As of Mar. 2026)

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CISS C3is Inc CISS
35 GF Score
Price $2.90
! 2 Warning Signs
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What is C3is Change In Receivables?

C3is CISS +5.84% 35 Change In Receivables is $0.48 Mil as of Mar. 2026. GuruFocus rates CISS with a GF Score™ of 35/100. The stock has 2 warning signs investors should review.

C3is's change in receivables for the quarter that ended in Mar. 2026 was $1.65 Mil. It means C3is's Accounts Receivable declined by $1.65 Mil from Dec. 2025 to Mar. 2026 .

C3is's change in receivables for the fiscal year that ended in Dec. 2025 was $-1.45 Mil. It means C3is's Accounts Receivable increased by $1.45 Mil from Dec. 2024 to Dec. 2025 .

C3is's Accounts Receivable for the quarter that ended in Mar. 2026 was $2.62 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. C3is's Days Sales Outstanding for the three months ended in Mar. 2026 was 20.62.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. C3is's liquidation value for the three months ended in Mar. 2026 was $24.31 Mil.


C3is  (NAS:CISS) 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.

C3is's Days Sales Outstanding for the quarter that ended in Mar. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=2.616/11.576*91
=20.62

2. In Ben Graham's calculation of liquidation value, C3is's accounts receivable are only considered to be worth 75% of book value:

C3is'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)
=27.264-5.373+0.75 * 2.616+0.5 * 0.916
=24.31

* 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.


C3is Change In Receivables Related Terms


C3is Change In Receivables Historical Data

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The historical data trend for C3is'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.

C3is Change In Receivables Chart

C3is Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Change In Receivables
0.00 -0.82 -9.62 7.63 -1.45

C3is Quarterly Data
Jun21 Dec21 Mar22 Jun22 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 -0.28 -2.59 2.19 -0.77 1.65
CISS
35GF Score
C3is Inc CISS
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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C3is 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 $0.48 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 $0.48 Mil mean?
C3is (CISS) has a Change In Receivables of $0.48 Mil as of Mar. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for C3is and its competitors.
Is C3is' Change In Receivables too high?
C3is' current Change In Receivables is $0.48 Mil. Overall, C3is has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does C3is' Change In Receivables compare to RUBI and ICON?
C3is' Change In Receivables of $0.48 Mil can be compared against companies in the Transportation 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 Transportation company?
A good Change In Receivables depends on the Transportation 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 C3is and its competitors. C3is's current Change In Receivables is $0.48 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is C3is stock overvalued right now?
C3is (CISS) has a current Change In Receivables of $0.48 Mil. The current Change In Receivables is $0.48 Mil. C3is' overall GF Score™ is 35/100 with 2 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 C3is (CISS), the current Change In Receivables is $0.48 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.

C3is Business Description

Address 331 Kifissias Avenue, Kifissia, Athens, GRC, 14561
C3is Inc is a provider of international seaborne transportation services to dry bulk charterers, including national and private industrial users, commodity producers, and traders. The company owns and operates a fleet of two dry bulk carriers that transport bulk commodities such as iron ore, coal, and grains, and minor bulks such as bauxite, phosphate, and fertilizers.
35GF Score

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

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