SCCI (Shimmick Construction Company) Change In Receivables: $-52.41 Mil (TTM As of Jun. 2015)

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What is Shimmick Construction Company Change In Receivables?

Shimmick Construction Company SCCI Change In Receivables is $-52.41 Mil as of Jun. 2015.

Shimmick Construction Company's change in receivables for the quarter that ended in Jun. 2015 was $-36.97 Mil. It means Shimmick Construction Company's Accounts Receivable increased by $36.97 Mil from Dec. 2014 to Jun. 2015 .

Shimmick Construction Company's change in receivables for the fiscal year that ended in Dec. 2014 was $-11.07 Mil. It means Shimmick Construction Company's Accounts Receivable increased by $11.07 Mil from Dec. 2013 to Dec. 2014 .

Shimmick Construction Company's Accounts Receivable for the quarter that ended in Jun. 2015 was $0.00 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. Shimmick Construction Company's Days Sales Outstanding for the six months ended in Jun. 2015 was 0.00.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Shimmick Construction Company's liquidation value for the six months ended in Jun. 2015 was $28.33 Mil.


Shimmick Construction Company  (NAS:SCCI) 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.

Shimmick Construction Company's Days Sales Outstanding for the quarter that ended in Jun. 2015 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/241.995*91
=0.00

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

Shimmick Construction Company's liquidation value for the quarter that ended in Jun. 2015 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=26.645-+0.75 * 0+0.5 * 3.365
=28.33

* 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.


Shimmick Construction Company Change In Receivables Related Terms


Shimmick Construction Company Change In Receivables Historical Data

* Premium members only.

The historical data trend for Shimmick Construction Company'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.

Shimmick Construction Company Change In Receivables Chart

Shimmick Construction Company Annual Data
Trend Dec13 Dec14
Change In Receivables
23.24 -11.07

Shimmick Construction Company Semi-Annual Data
Dec13 Jun14 Dec14 Jun15
Change In Receivables 0.00 4.37 -15.44 -36.97

Shimmick Construction Company 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 Jun. 2015 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-52.41 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 $-52.41 Mil mean?
Shimmick Construction Company (SCCI) has a Change In Receivables of $-52.41 Mil as of Jun. 2015. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Shimmick Construction Company and its competitors.
Is Shimmick Construction Company's Change In Receivables too high?
Shimmick Construction Company's current Change In Receivables is $-52.41 Mil.
How does Shimmick Construction Company's Change In Receivables compare to TSSI and SWMM?
Shimmick Construction Company's Change In Receivables of $-52.41 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 Shimmick Construction Company and its competitors. Shimmick Construction Company's current Change In Receivables is $-52.41 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shimmick Construction Company stock overvalued right now?
Shimmick Construction Company (SCCI) has a current Change In Receivables of $-52.41 Mil. The current Change In Receivables is $-52.41 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 Shimmick Construction Company (SCCI), the current Change In Receivables is $-52.41 Mil as of Jun. 2015. 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.

Shimmick Construction Company Business Description

Shimmick Construction Company Inc is a heavy civil construction company founded in 1990. The Company is engaged in construction activities in the western United States, with operations in California. The Company offers general construction, construction management, and design-build services to federal, state, and local public agencies and private customers in California and the Western United States. The Company operates in two segments including construction Projects and Construction Materials. The Construction Projects segment performs construction projects including new construction and improvement of streets, roads, highways, bridges, site work, underground, power-related facilities, utilities and other infrastructure projects. The Construction Materials segment mines and processes aggregates and operates plants that produce construction materials for internal use and for sale to third parties. The Company's customers include Caltrans, City of San Francisco, Port of Long Beach, Port of Los Angeles, City of Los Angeles, LA MTA, BART, VTA, and the Metropolitan Water District of Southern California (MWD). The Company faces competition from competitors including Balfour Beatty plc, Barnard Construction Company, Inc., Dragados S.A., Flatiron Construction Corp., Fluor Corporation, Granite Construction Incorporated, Kiewit Corporation, Obayashi Corporation, Skanska AB, Traylor Bros., Inc., Tutor Perini Corporation, and Walsh Construction Co. The Company's business is subject to various federal, state and local laws and regulations relating to the environment, including those relating to discharges to air, water and land, the handling and disposal of solid and hazardous waste, the handling of underground storage tanks and the cleanup of properties affected by hazardous substances.