CNTM (ConnectM Technology Solutions) Change In Receivables : $-0.01 Mil (TTM As of Sep. 2024)

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What is ConnectM Technology Solutions Change In Receivables?

ConnectM Technology Solutions's change in receivables for the quarter that ended in Sep. 2024 was $0.00 Mil. It means ConnectM Technology Solutions's Accounts Receivable stayed the same from Jun. 2024 to Sep. 2024 .

ConnectM Technology Solutions's change in receivables for the fiscal year that ended in Dec. 2022 was $-0.37 Mil. It means ConnectM Technology Solutions's Accounts Receivable increased by $0.37 Mil from Dec. 2021 to Dec. 2022 .

ConnectM Technology Solutions's Accounts Receivable for the quarter that ended in Sep. 2024 was $1.86 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. ConnectM Technology Solutions's Days Sales Outstanding for the three months ended in Sep. 2024 was 27.99.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. ConnectM Technology Solutions's liquidation value for the three months ended in Sep. 2024 was $-37.34 Mil.

ConnectM Technology Solutions Change In Receivables Historical Data

The historical data trend for ConnectM Technology Solutions'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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ConnectM Technology Solutions Change In Receivables Chart

ConnectM Technology Solutions Annual Data

Trend

Dec21

Dec22

Change In Receivables

0.03

-0.37

ConnectM Technology Solutions Quarterly Data
	Dec21	Dec22	Jun23	Sep23	Mar24	Jun24	Sep24
Change In Receivables	Get a 7-Day Free Trial			-	-	-0.01	-	-

ConnectM Technology Solutions 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 $-0.01 Mil.

ConnectM Technology Solutions (NAS:CNTM) 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.

ConnectM Technology Solutions's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1.863	/	6.074	*	91
=	27.99

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

ConnectM Technology Solutions'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)
=	1.882	-	40.775	+	0.75 * 1.863	+	0.5 * 0.32
=	-37.34

ConnectM Technology Solutions Change In Receivables Related Terms

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ConnectM Technology Solutions Business Description

Industry

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Traded in Other Exchanges

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Address

2 Mount Royal Avenue, Suite 550, Marlborough, MA, USA, 01752

Website

https://www.connectm.com

ConnectM Technology Solutions Inc is a clean energy technology and solutions provider. The company provides residential and light commercial buildings and all-electric original equipment manufacturers (OEMs) with a proprietary digital platform to accelerate the transition to solar and all-electric heating, cooling and transportation. The group makes electrification more user-friendly, affordable, precise, and socially meaningful by combining technology, data, artificial intelligence, and contemporary design. In addition to its vertically integrated service network, ConnectM offers customers a comprehensive technology stack that enables them to reduce their fossil fuel consumption, lower their energy bills, and decrease their carbon footprint.