Compx International (Compx International) Change In Receivables : $1.3 Mil (TTM As of Mar. 2024)

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What is Compx International Change In Receivables?

Compx International's change in receivables for the quarter that ended in Mar. 2024 was $-0.3 Mil. It means Compx International's Accounts Receivable increased by $0.3 Mil from Dec. 2023 to Mar. 2024 .

Compx International's change in receivables for the fiscal year that ended in Dec. 2023 was $0.8 Mil. It means Compx International's Accounts Receivable declined by $0.8 Mil from Dec. 2022 to Dec. 2023 .

Compx International's Accounts Receivable for the quarter that ended in Mar. 2024 was $17.3 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. Compx International's Days Sales Outstanding for the three months ended in Mar. 2024 was 41.64.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Compx International's liquidation value for the three months ended in Mar. 2024 was $89.5 Mil.

Compx International Change In Receivables Historical Data

The historical data trend for Compx International'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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Compx International Change In Receivables Chart

Compx International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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0.25

1.12

-4.81

-2.31

0.76

Compx International Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															-0.84	3.64	-4.69	2.66	-0.26

Compx International 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.3 Mil.

Compx International (AMEX:CIX) 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.

Compx International's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	17.329	/	37.971	*	91
=	41.64

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

Compx International's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	75.567	-	12.815	+	0.75 * 17.329	+	0.5 * 27.543
=	89.5

Compx International Change In Receivables Related Terms

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Compx International (Compx International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Compx International Inc (AMEX:CIX) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

5430 LBJ Freeway, Suite 1700, Dallas, TX, USA, 75240-2620

Website

https://www.compxinternational.com

Compx International Inc is a manufacturer of security products. Its security products are primarily used in recreational transportation, postal, office & institutional furniture, cabinetry, tool storage, healthcare, and a variety of other industries. Also, it is engaged in the manufacturing of stainless steel exhaust systems, gauges, throttle controls, and trim tabs for the recreational marine industry. The company's operating segment includes Security Products and Marine Components. The company generates maximum revenue from the Security Products segment, which manufactures mechanical and electrical cabinet locks and other locking mechanisms. Its geographical segments are the United States, Canada, Mexico, and others, of which the United States accounts for the vast majority of revenue.

Executives

Gina A. Norris	director	1329 MILLWOOD ROAD, MCKINNEY TX 75069
Ann Manix	director	5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240-2620
Kevin B Kramer	director	C/O STONERIGDGE INC., 9400 E. MARKET ST, WARREN OH 44484
Andrew B Nace	officer: Vice President	5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240-2620
Kristin B Mccoy	officer: EVP, Tax	5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240
Bryan A. Hanley	officer: Vice President and Treasurer	5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240-2620
Amy A. Samford	officer: Vice President and CFO	5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240-2620
Mary A. Tidlund	director	5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240-2620
Bart W Reichert	officer: Vice President, Internal Audit	5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240
Michael Shawn Simmons	officer: SVP & Chief Financial Officer	5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240-2620
Darci B Scott	officer: Vice President, Tax	5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240
Robert D Graham	officer: Executive Vice President	5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240-2620
Amy E. Ruf	officer: Vice President and Controller	5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240-2620
Terri Herrington	director	C/O CONTRAN CORPORATION, 5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240-2620
Jane Rast Grimm	officer: VP and Secretary	5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240