Commerce Change Receivables from 2010 to 2024

CBSH Stock  USD 56.14  0.04  0.07%   
Commerce Bancshares' Change Receivables is decreasing with slightly volatile movements from year to year. Change Receivables is estimated to finish at about -24.3 M this year. Change Receivables is the difference in the amount of accounts receivable from one accounting period to the next. A positive number indicates an increase in receivables, while a negative number indicates a decrease. View All Fundamentals
 
Change Receivables  
First Reported
2011-03-31
Previous Quarter
-1 M
Current Value
338 K
Quarterly Volatility
3.3 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Commerce Bancshares financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Commerce main balance sheet or income statement drivers, such as Interest Expense of 402.3 M, Other Operating Expenses of 1.4 B or Total Operating Expenses of 287.4 M, as well as many exotic indicators such as Price To Sales Ratio of 2.86, Dividend Yield of 0.0167 or PTB Ratio of 1.54. Commerce financial statements analysis is a perfect complement when working with Commerce Bancshares Valuation or Volatility modules.
  
This module can also supplement Commerce Bancshares' financial leverage analysis and stock options assessment as well as various Commerce Bancshares Technical models . Check out the analysis of Commerce Bancshares Correlation against competitors.
For more detail on how to invest in Commerce Stock please use our How to Invest in Commerce Bancshares guide.

Latest Commerce Bancshares' Change Receivables Growth Pattern

Below is the plot of the Change Receivables of Commerce Bancshares over the last few years. It is the difference in the amount of accounts receivable from one accounting period to the next. A positive number indicates an increase in receivables, while a negative number indicates a decrease. Commerce Bancshares' Change Receivables historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Commerce Bancshares' overall financial position and show how it may be relating to other accounts over time.
Change Receivables10 Years Trend
Slightly volatile
   Change Receivables   
       Timeline  

Commerce Change Receivables Regression Statistics

Arithmetic Mean(4,440,496)
Coefficient Of Variation(306.76)
Mean Deviation9,940,862
Median(3,642,000)
Standard Deviation13,621,659
Sample Variance185.5T
Range48.2M
R-Value(0.63)
Mean Square Error120.8T
R-Squared0.40
Significance0.01
Slope(1,915,446)
Total Sum of Squares2597.7T

Commerce Change Receivables History

2024-24.3 M
2023-25.6 M
2022-28.4 M
202119.8 M
2020-13.4 M
20193.3 M
2018-4.3 M

About Commerce Bancshares Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Commerce Bancshares income statement, its balance sheet, and the statement of cash flows. Commerce Bancshares investors use historical funamental indicators, such as Commerce Bancshares's Change Receivables, to determine how well the company is positioned to perform in the future. Although Commerce Bancshares investors may use each financial statement separately, they are all related. The changes in Commerce Bancshares's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Commerce Bancshares's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Commerce Bancshares Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Commerce Bancshares. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Change Receivables-25.6 M-24.3 M

Commerce Bancshares Investors Sentiment

The influence of Commerce Bancshares' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Commerce. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Commerce Bancshares' public news can be used to forecast risks associated with an investment in Commerce. The trend in average sentiment can be used to explain how an investor holding Commerce can time the market purely based on public headlines and social activities around Commerce Bancshares. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Commerce Bancshares' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Commerce Bancshares' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Commerce Bancshares' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Commerce Bancshares.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Commerce Bancshares in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Commerce Bancshares' short interest history, or implied volatility extrapolated from Commerce Bancshares options trading.

Pair Trading with Commerce Bancshares

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Commerce Bancshares position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Commerce Bancshares will appreciate offsetting losses from the drop in the long position's value.

Moving together with Commerce Stock

  0.71DB Deutsche Bank AGPairCorr

Moving against Commerce Stock

  0.7ECBK ECB BancorpPairCorr
  0.56VABK Virginia National Normal TradingPairCorr
  0.56EGBN Eagle Bancorp Financial Report 24th of July 2024 PairCorr
  0.55VBNK VersaBank Financial Report 5th of June 2024 PairCorr
  0.52TFC-PR Truist FinancialPairCorr
The ability to find closely correlated positions to Commerce Bancshares could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Commerce Bancshares when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Commerce Bancshares - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Commerce Bancshares to buy it.
The correlation of Commerce Bancshares is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Commerce Bancshares moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Commerce Bancshares moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Commerce Bancshares can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Commerce Bancshares offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Commerce Bancshares' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Commerce Bancshares Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Commerce Bancshares Stock:
Check out the analysis of Commerce Bancshares Correlation against competitors.
For more detail on how to invest in Commerce Stock please use our How to Invest in Commerce Bancshares guide.
You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.

Complementary Tools for Commerce Stock analysis

When running Commerce Bancshares' price analysis, check to measure Commerce Bancshares' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Commerce Bancshares is operating at the current time. Most of Commerce Bancshares' value examination focuses on studying past and present price action to predict the probability of Commerce Bancshares' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Commerce Bancshares' price. Additionally, you may evaluate how the addition of Commerce Bancshares to your portfolios can decrease your overall portfolio volatility.
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Is Commerce Bancshares' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Commerce Bancshares. If investors know Commerce will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Commerce Bancshares listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.05)
Dividend Share
1.041
Earnings Share
3.59
Revenue Per Share
12.095
Quarterly Revenue Growth
0.041
The market value of Commerce Bancshares is measured differently than its book value, which is the value of Commerce that is recorded on the company's balance sheet. Investors also form their own opinion of Commerce Bancshares' value that differs from its market value or its book value, called intrinsic value, which is Commerce Bancshares' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Commerce Bancshares' market value can be influenced by many factors that don't directly affect Commerce Bancshares' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Commerce Bancshares' value and its price as these two are different measures arrived at by different means. Investors typically determine if Commerce Bancshares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Commerce Bancshares' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.