Compass Minerals International (Compass Minerals International) Change In Receivables : $36 Mil (TTM As of Dec. 2023)

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What is Compass Minerals International Change In Receivables?

Compass Minerals International's change in receivables for the quarter that ended in Dec. 2023 was $-37 Mil. It means Compass Minerals International's Accounts Receivable increased by $37 Mil from Sep. 2023 to Dec. 2023 .

Compass Minerals International's change in receivables for the fiscal year that ended in Sep. 2023 was $39 Mil. It means Compass Minerals International's Accounts Receivable declined by $39 Mil from Sep. 2022 to Sep. 2023 .

Compass Minerals International's Accounts Receivable for the quarter that ended in Dec. 2023 was $169 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. Compass Minerals International's Days Sales Outstanding for the three months ended in Dec. 2023 was 45.02.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Compass Minerals International's liquidation value for the three months ended in Dec. 2023 was $-985 Mil.

Compass Minerals International Change In Receivables Historical Data

The historical data trend for Compass Minerals International'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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Compass Minerals International Change In Receivables Chart

Compass Minerals International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Sep21

Sep22

Sep23

Change In Receivables

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-31.30

19.50

74.10

-55.00

38.90

Compass Minerals International Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial															-34.00	42.90	64.80	-34.80	-37.40

Compass Minerals International 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $36 Mil.

Compass Minerals International (NYSE:CMP) 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.

Compass Minerals International's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	168.6	/	341.7	*	91
=	45.02

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

Compass Minerals International's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	38.3	-	1345.5	+	0.75 * 168.6	+	0.5 * 392.5
=	-985

Compass Minerals International Change In Receivables Related Terms

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Compass Minerals International (Compass Minerals International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Compass Minerals International Inc (NYSE:CMP) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

CM8:Germany CM8:Germany

Address

9900 West 109th Street, Suite 100, Overland Park, KS, USA, 66210

Website

https://www.compassminerals.com

Compass Minerals currently produces two primary products: salt and specialty potash fertilizer. The company's main assets include rock salt mines in Ontario, Louisiana, and the United Kingdom and a salt brine operation at the Great Salt Lake in Utah that produces sulfate of potash and magnesium chloride. Compass' salt products are used for deicing and also by industrial and consumer end markets. The firm's sulfate of potash is used by growers of high-value crops that are sensitive to standard potash. Compass also sells fire retardants, with its magnesium chloride-based products used to combat forest fires.

Executives

Joseph E Reece	director	ONE VALERO WAY, BUILDING D, SUITE 200, SAN ANTONIO TX 78249
James D. Standen	officer: Interim CFO & Treasurer	9900 W. 109 STREET, SUITE 100, OVERLAND PARK KS 66210
Jill V Gardiner	director	C/O COMPASS MINERALS INTERNATIONAL, INC., 9900 W 109TH ST STE 100, OVERLAND PARK KS 66210
Shane T Wagnon	director	C/O COMPASS MINERALS INTERNATIONAL, INC., 9900 W 109TH ST STE 100, OVERLAND PARK KS 66210
Jon A Chisholm	director	C/O COMPASS MINERALS INTERNATIONAL, INC., 9900 W 109TH ST STE 100, OVERLAND PARK KS 66210
Km&t Investment Holdings, Llc	director, 10 percent owner	4111 E 37TH ST N, WICHITA KS 67220
Koch Industries Inc	director, 10 percent owner	4111 EAST 37TH STREET NORTH, WICHITA KS 67220
Melissa M Miller	director	201 ISABELLA STREET, PITTSBURGH PA 15212
Kevin S Crutchfield	director, officer: President and CEO	ONE ALPHA PLACE, P.O. BOX 2345, ABINGDON VA 24212
Mary L Frontczak	officer: Chief Legal Officer	9900 W 109TH STREET, SUITE 100, OVERLAND PARK KS 66210
Lori A Walker	director
Amy Yoder	director	C/O SPECTRUM BRANDS, INC., 6 CONCOURSE PARKWAY, SUITE 3300, ATLANTA GA 30328
Richard P Dealy	director	777 HIDDEN RIDGE, IRVING TX 75038
Edward C Dowling	director	19 NEDS POINT ROAD, MATTAPOISETT MA 02739
Teresa D Cook	officer: Chief Accounting Officer	C/O COMPASS MINERALS INTERNATIONAL, INC., 9900 W 109TH ST STE 100, OVERLAND PARK KS 66210