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American Water Works Co (American Water Works Co) Accounts Receivable : $339 Mil (As of Dec. 2023)


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What is American Water Works Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. American Water Works Co's accounts receivables for the quarter that ended in Dec. 2023 was $339 Mil.

Accounts receivable can be measured by Days Sales Outstanding. American Water Works Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 29.97.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. American Water Works Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-101.99.


American Water Works Co Accounts Receivable Historical Data

The historical data trend for American Water Works Co's Accounts Receivable 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.

* Premium members only.

American Water Works Co Accounts Receivable Chart

American Water Works Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 294.00 321.00 271.00 334.00 339.00

American Water Works Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 334.00 318.00 352.00 382.00 339.00

American Water Works Co Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


American Water Works Co Accounts Receivable 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 receivables are being managed.

American Water Works Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=339/1032*91
=29.97

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), American Water Works Co's accounts receivable are only considered to be worth 75% of book value:

American Water Works Co's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(330+0.75 * 339+0.5 * 112-20501
-0-0)/194.73
=-101.99

* 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.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


American Water Works Co Accounts Receivable Related Terms

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American Water Works Co (American Water Works Co) Business Description

Address
1 Water Street, Camden, NJ, USA, 08102-1658
American Water Works is the largest investor-owned U.S. water and wastewater utility, serving approximately 3.5 million customers in 16 states. It provides water and wastewater services to residential, commercial, and industrial customers and operates predominantly in regulated markets. The company's nonregulated business is water services for military bases, which operates under long-term contracts with regulated-like returns.
Executives
Michael Marberry director 3050 SPRUCE STREET, ST. LOUIS MO 63103
Martha Clark Goss director C/O OCWEN FINANCIAL CORPORATION, 1661 WORTHINGTON RD, SUITE 100, WEST PALM BEACH FL 33409
Laurie P. Havanec director ONE CARRIER PLACE, FARMINGTON CT 06032
Melanie M Kennedy officer: SVP, Human Resources 1 WATER STREET, CAMDEN NJ 08102-1658
John C. Griffith officer: EVP Chief Financial Officer 1 WATER STREET, CAMDEN NJ 08102-1658
James H Gallegos officer: EVP and General Counsel 1 WATER STREET, CAMDEN NJ 08102-1658
Cheryl Norton officer: SVP,Chief Envrn Off & East Div 1 WATER STREET, CAMDEN NJ 08102-1658
Melissa K. Wikle officer: Vice President and Controller 1 WATER STREET, CAMDEN NJ 08102-1658
Walter Lynch officer: Executive VP, Eastern Division 1 WATER STREET, CAMDEN NJ 08102-1658
Maureen Duffy officer: VP,Corp.Comm.&External Affairs 1 WATER STREET, CAMDEN NJ 08102-1658
Adam W. Noble officer: Chief Tech. & Innov. Officer 1 WATER STREET, CAMDEN NJ 08102-1658
Lloyd M Yates director 1N 2ND ST, HARTSVILLE SC 29550
Bruce A Hauk officer: Pres, Reg. Ops & Military Serv 110 W. TAYLOR STREET, SAN JOSE CA 95110
Kevin B Kirwan officer: SVP, Chief Op Excel&Safety Off 1 WATER STREET, CAMDEN NJ 08102-1658
Michael A Sgro officer: Interim General Counsel 1 WATER STREET, CAMDEN NJ 08102-1658