CMM Infraprojects (NSE:CMMIPL) Change In Receivables: ₹0 Mil (TTM As of Mar. 2018)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is CMM Infraprojects Change In Receivables?

CMM Infraprojects NSE:CMMIPL Change In Receivables is ₹0 Mil as of Mar. 2018.

CMM Infraprojects's change in receivables for the quarter that ended in Mar. 2018 was ₹0 Mil. It means CMM Infraprojects's Accounts Receivable stayed the same from Sep. 2017 to Mar. 2018 .

CMM Infraprojects's change in receivables for the fiscal year that ended in Mar. 2018 was ₹-228 Mil. It means CMM Infraprojects's Accounts Receivable increased by ₹228 Mil from Mar. 2017 to Mar. 2018 .

CMM Infraprojects's Accounts Receivable for the quarter that ended in Mar. 2018 was ₹462 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. CMM Infraprojects's Days Sales Outstanding for the six months ended in Mar. 2018 was 89.70.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. CMM Infraprojects's liquidation value for the six months ended in Mar. 2018 was ₹-230 Mil.

CMM Infraprojects  (NSE:CMMIPL) 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.

CMM Infraprojects's Days Sales Outstanding for the quarter that ended in Mar. 2018 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=462.192/940.376*91
=89.70

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

CMM Infraprojects's liquidation value for the quarter that ended in Mar. 2018 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=94.112-853.993+0.75 * 462.192+0.5 * 366.075
=-230

* 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.

CMM Infraprojects Change In Receivables Related Terms

CMM Infraprojects Change In Receivables Historical Data

* Premium members only.

The historical data trend for CMM Infraprojects'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.

CMM Infraprojects Change In Receivables Chart

CMM Infraprojects Annual Data
Trend Mar15 Mar16 Mar17 Mar18
Change In Receivables
-73.47 -38.58 -76.44 -227.70

CMM Infraprojects Semi-Annual Data
Mar15 Sep15 Mar16 Mar17 Sep17 Mar18
Change In Receivables Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

CMM Infraprojects 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. 2018 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹0 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 Mil mean?
CMM Infraprojects (NSE:CMMIPL) has a Change In Receivables of ₹0 Mil as of Mar. 2018. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for CMM Infraprojects and its competitors.
Is CMM Infraprojects' Change In Receivables too high?
CMM Infraprojects' current Change In Receivables is ₹0 Mil.
How does CMM Infraprojects' Change In Receivables compare to competitors?
CMM Infraprojects' Change In Receivables of ₹0 Mil can be compared against companies in the Construction 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 Construction company?
A good Change In Receivables depends on the Construction 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 CMM Infraprojects and its competitors. CMM Infraprojects's current Change In Receivables is ₹0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CMM Infraprojects stock overvalued right now?
CMM Infraprojects (NSE:CMMIPL) has a current Change In Receivables of ₹0 Mil. The current Change In Receivables is ₹0 Mil. 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 CMM Infraprojects (NSE:CMMIPL), the current Change In Receivables is ₹0 Mil as of Mar. 2018. 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.

CMM Infraprojects Business Description

Address 108, Shalimar Corporate Centre, 8-B South Tukoganj, Indore, MP, IND, 452001
CMM Infraprojects Ltd is engaged in civil engineering activities. It is an engineering and construction contractor in the fields of constructing public housing, commercial complexes, public parks, corporate & IT offices, sewerage & irrigation projects and highways. It has construction projects across the nation.