Commercial Metals CMC US — Saleof Receivables Current Facility
Discontinued — last reported Q4 '18
Similar metrics at other companies
Other financials
Where this comes from
Reported directly by Commercial Metals in its filing.
Tagged under the XBRL concept cmc:SaleofReceivablesCurrentFacility.
The official record: Commercial Metals’s 10-K, filed October 25, 2018, on SEC EDGAR. View the filing →
Questions, answered.
- What does US — saleof receivables current facility mean?
- The total value of customer invoices sold to a third party to receive immediate cash instead of waiting for customer payment.
- How do you interpret US — saleof receivables current facility?
- An increase suggests a greater reliance on external financing to manage liquidity or a strategy to reduce balance sheet exposure to customer credit risk. A decrease may indicate improved internal cash flow generation or a shift in financing strategy.
- How does US — saleof receivables current facility compare across companies?
- Commonly referred to as accounts receivable factoring or securitization programs, this is frequently seen in capital-intensive industries to optimize working capital cycles.