CSMSF (CosmoSteel Holdings) Change In Receivables : $-11.64 Mil (TTM As of Sep. 2024)

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What is CosmoSteel Holdings Change In Receivables?

CosmoSteel Holdings's change in receivables for the quarter that ended in Sep. 2024 was $-9.13 Mil. It means CosmoSteel Holdings's Accounts Receivable increased by $9.13 Mil from Mar. 2024 to Sep. 2024 .

CosmoSteel Holdings's change in receivables for the fiscal year that ended in Sep. 2024 was $-13.55 Mil. It means CosmoSteel Holdings's Accounts Receivable increased by $13.55 Mil from Sep. 2023 to Sep. 2024 .

CosmoSteel Holdings's Accounts Receivable for the quarter that ended in Sep. 2024 was $32.03 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. CosmoSteel Holdings's Days Sales Outstanding for the six months ended in Sep. 2024 was 222.24.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. CosmoSteel Holdings's liquidation value for the six months ended in Sep. 2024 was $11.19 Mil.

CosmoSteel Holdings Change In Receivables Historical Data

The historical data trend for CosmoSteel Holdings'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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CosmoSteel Holdings Change In Receivables Chart

CosmoSteel Holdings Annual Data

Trend

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

Change In Receivables

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3.15

13.81

-5.73

-10.33

-13.55

CosmoSteel Holdings Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Change In Receivables	Get a 7-Day Free Trial															-4.07	-18.03	7.40	-2.51	-9.13

CosmoSteel Holdings 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 semi-annually data reported by the company within the most recent 12 months, which was $-11.64 Mil.

CosmoSteel Holdings (OTCPK:CSMSF) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	32.027	/	26.3	*	91
=	222.24

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

CosmoSteel Holdings'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)
=	11.246	-	33.745	+	0.75 * 32.027	+	0.5 * 19.336
=	11.19

CosmoSteel Holdings Change In Receivables Related Terms

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CosmoSteel Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » CosmoSteel Holdings Ltd (OTCPK:CSMSF) » Definitions » Change In Receivables

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Traded in Other Exchanges

B9S:Singapore CMR:Germany

Address

14 Lok Yang Way, Singapore, SGP, 628633

Website

https://www.cosmosteel.com

CosmoSteel Holdings Ltd is an investment holding company. Through its subsidiaries, it is engaged in the sale, supply, and machining of flanges, steel fittings, tubings, and pipes for main industries. Its operating segment includes Energy, Marine, Trading, and others. The company generates maximum revenue from the Energy segment which caters to oil and gas, engineering and construction, petrochemical, and power sectors. Geographically, the company generates a majority of its revenue from Singapore and the rest from Brunei, Vietnam, and other regions.

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