DTE Energy Co (DTE Energy Co) Change In Receivables

: $398 Mil (TTM As of Dec. 2023)

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DTE Energy Co's change in receivables for the quarter that ended in Dec. 2023 was $-216 Mil. It means DTE Energy Co's Accounts Receivable increased by $216 Mil from Sep. 2023 to Dec. 2023 .

DTE Energy Co's change in receivables for the fiscal year that ended in Dec. 2023 was $398 Mil. It means DTE Energy Co's Accounts Receivable declined by $398 Mil from Dec. 2022 to Dec. 2023 .

DTE Energy Co's Accounts Receivable for the quarter that ended in Dec. 2023 was $1,787 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. DTE Energy Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 48.04.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. DTE Energy Co's liquidation value for the three months ended in Dec. 2023 was $-31,807 Mil.

DTE Energy Co Change In Receivables Historical Data

The historical data trend for DTE Energy Co'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.

* Premium members only.

Array ( [0] => - [1] => - [2] => - [3] => - [4] => - [5] => 49.00 [6] => 111.00 [7] => -146.00 [8] => -352.00 [9] => 398.00 )

DTE Energy Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

49.00

111.00

-146.00

-352.00

398.00

DTE Energy Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables																-202.00	486.00	199.00	-71.00	-216.00

DTE Energy Co 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $398 Mil.

DTE Energy Co (NYSE:DTE) 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.

DTE Energy 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
=	1787	/	3394	*	91
=	48.04

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

DTE Energy Co's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	26	-	33700	+	0.75 * 1787	+	0.5 * 1054
=	-31,807

DTE Energy Co Change In Receivables Related Terms

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DTE Energy Co (DTE Energy Co) Business Description

Industry

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Traded in Other Exchanges

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Address

One Energy Plaza, Detroit, MI, USA, 48226-1279

Website

https://www.dteenergy.com

DTE Energy owns two regulated utilities in Michigan that contribute 90% of earnings. DTE Electric serves approximately 2.3 million customers in southeastern Michigan, including Detroit. DTE Gas serves 1.3 million customers throughout the state. In addition, DTE has nonutility businesses and investments including energy marketing and trading, renewable natural gas facilities, and on-site industrial energy projects.

Executives

Joann Chavez	officer: Sr VP & Chief Legal Officer	ONE ENERGY PLAZA, 1610 WCB, DETROIT MI 48226
Deborah L Byers	director	C/O EXCELERATE ENERGY, INC., 2445 TECHNOLOGY FOREST BLVD., LEVEL 6, THE WOODLANDS TX 77381
Lisa A. Muschong	officer: Corporate Secretary	ONE ENERGY PLAZA, DETROIT MI 48226
Tracy J Myrick	officer: Chief Accounting Officer	ONE ENERGY PLAZA, 1610 WCB, DETROIT MI 48226
Robert A. Richard	officer: Executive Vice President	ONE ENERGY PLAZA, DETROIT MI 48226
Joi M. Harris	officer: Pres. & COO - DTE Gas Company	ONE ENERGY PLAZA, DETROIT MI 48226
Trevor F Lauer	officer: President and COO-DTE Electric	ONE ENERGY PLAZA, DETROIT MI 48226
Gerard M Anderson	director, officer: Chairman and CEO	ONE ENERGY PLAZA, LEGAL DEPARTMENT, DETROIT MI 48226
David A Thomas	director	ONE ENERGY PLAZA, DETROIT MI 48226
Mark C. Rolling	officer: VP Controller & CAO	ONE ENERGY PLAZA, DETROIT MI 48226
David E Meador	officer: Vice Chairman and CAO	ONE ENERGY PLAZA, DETROIT MI 48226
Matthew T. Paul	officer: President & COO DTE Gas Co.	ONE ENERGY PLAZA, 1610 WCB, DETROIT MI 48226
Peter B Oleksiak	officer: Sr. Vice President and CFO	ONE ENERGY PLAZA, DETROIT MI 48226
Mark W Stiers	officer: President and COO - DTE Gas	ONE ENERGY PLAZA, DETROIT MI 48226
Gary Torgow	director	235 EAST MAIN STREET, MIDLAND MI 48640