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Commerce Split (TSX:YCM.PR.B.PFD) Change In Receivables : C$0.00 Mil (TTM As of May. 2024)


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What is Commerce Split Change In Receivables?

Commerce Split's change in receivables for the quarter that ended in May. 2024 was C$0.00 Mil. It means Commerce Split's Accounts Receivable stayed the same from Nov. 2023 to May. 2024 .

Commerce Split's change in receivables for the fiscal year that ended in Nov. 2023 was C$0.00 Mil. It means Commerce Split's Accounts Receivable stayed the same from Nov. 2022 to Nov. 2023 .

Commerce Split's Accounts Receivable for the quarter that ended in May. 2024 was C$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. Commerce Split's Days Sales Outstanding for the six months ended in May. 2024 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. Commerce Split's liquidation value for the six months ended in May. 2024 was C$-8.78 Mil.


Commerce Split Change In Receivables Historical Data

The historical data trend for Commerce Split'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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Commerce Split Change In Receivables Chart

Commerce Split Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Change In Receivables
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Commerce Split Semi-Annual Data
Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24
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Commerce Split 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 May. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was C$0.00 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.


Commerce Split  (TSX:YCM.PR.B.PFD) 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.

Commerce Split's Days Sales Outstanding for the quarter that ended in May. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/1.737*91
=0.00

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

Commerce Split's liquidation value for the quarter that ended in May. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.259-9.042+0.75 * 0+0.5 * 0
=-8.78

* 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.


Commerce Split Change In Receivables Related Terms

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Commerce Split Business Description

Traded in Other Exchanges
Address
200 Front Street West, Suite 2510, Royal Trust Tower, Toronto, ON, CAN, M5V 3K2
Commerce Split Corp is a mutual fund company. It invests in common shares of the Canadian Imperial Bank of Commerce. The corporation offers three types of shares, a Capital share, a Class I Preferred, and a Class II Preferred.

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