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Commercial Metals CMC US — Transferof Trade Receivables Cash Collectionsof Deferred Purchase Price

Discontinued — last reported Q3 '18

Similar metrics at other companies

McCormick & Company, Incorporated logo
MKCAccounts Receivable, Amount Collected and Not Yet Remitted
$39.8M+34.0%
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AMHReportable Legal Entities — Proceeds From Collection Of Finance Receivables
$70K-98.6%
Regal Rexnord logo
RRXCash collections from accounts receivable securitization
$323.3M
AGCO logo
AGCOUnited States, Canada, Europe, and Brazil — Proceeds from Sale and Collection of Receivables
$2.4B+41.2%
Dow logo
DOWTransfers of Accounts Receivable, Amounts Recognized in the Balance Sheet Not Remitted
$0-100%
Textron logo
TXTFinance receivables repaid
$7M-22.2%

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:TransferofTradeReceivablesCashCollectionsofDeferredPurchasePrice.

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

Questions, answered.

What does US — transferof trade receivables cash collectionsof deferred purchase price mean?
Cash received from the buyer after the initial sale of receivables, representing the settled holdback.
How do you interpret US — transferof trade receivables cash collectionsof deferred purchase price?
Consistent collections indicate the underlying receivables are performing as expected and credit risk is managed.
How does US — transferof trade receivables cash collectionsof deferred purchase price compare across companies?
Reflects the effectiveness of the company's receivables management and the quality of the sold portfolio.