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Commercial Metals CMC PL — Transferof Accounts Receivable Deferred Purchase Price

Discontinued — last reported Q3 '18

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BPOPPR — Financing Receivable Purchased With Credit Deterioration Allowance For Credit Loss At Acquisition Date

Other financials

Income statement

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Revenue$2.1B+21.5%
Gross profit$387.9M+76.7%
Net income$93.0M+265%
EPS (diluted)$0.83+277%

Balance sheet

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Cash & equivalents$503.6M-33.7%
Total debt$3.9B+211%
Total equity$4.4B+9.8%
Total assets$9.6B+42.9%

Cash flow

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Operating cash flow$166.3M+413%
CapEx$122.7M+42.2%
Free cash flow$43.6M

Valuation

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Market cap$8.02B+47.7%
Enterprise value$11.38B+91.9%
P/E15.9×-58.4×
P/S+0.3×

Profitability

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Gross margin17.7%+2.4pp
Net margin6%+5.1pp
FCF margin4.7%

Returns & leverage

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Return on equity12%+10.2pp
Debt / equity0.9×+0.6×
Current ratio2.4×-0.4×

Where this comes from

Reported directly by Commercial Metals in its filing.

Tagged under the XBRL concept cmc:TransferofAccountsReceivableDeferredPurchasePrice.

The official record: Commercial Metals’s 10-Q, filed June 27, 2019, on SEC EDGAR. View the filing →

Questions, answered.

What does PL — transferof accounts receivable deferred purchase price mean?
The amount of money from sold invoices that is held back by the buyer as a reserve.
How do you interpret PL — transferof accounts receivable deferred purchase price?
An increase may indicate higher credit risk or stricter terms in the factoring agreement, while a decrease suggests improved credit quality of the receivables.
How does PL — transferof accounts receivable deferred purchase price compare across companies?
Common in companies using factoring or securitization facilities to manage working capital.