Consolidated Edison (Consolidated Edison) Change In Receivables

: $-221 Mil (TTM As of Dec. 2023)

View and export this data going back to 1948. Start your Free Trial

Consolidated Edison's change in receivables for the quarter that ended in Dec. 2023 was $-492 Mil. It means Consolidated Edison's Accounts Receivable increased by $492 Mil from Sep. 2023 to Dec. 2023 .

Consolidated Edison's change in receivables for the fiscal year that ended in Dec. 2023 was $-221 Mil. It means Consolidated Edison's Accounts Receivable increased by $221 Mil from Dec. 2022 to Dec. 2023 .

Consolidated Edison's Accounts Receivable for the quarter that ended in Dec. 2023 was $2,418 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. Consolidated Edison's Days Sales Outstanding for the three months ended in Dec. 2023 was 64.07.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Consolidated Edison's liquidation value for the three months ended in Dec. 2023 was $-41,936 Mil.

Consolidated Edison Change In Receivables Historical Data

The historical data trend for Consolidated Edison'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.

Consolidated Edison Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

30.00

-744.00

-674.00

-376.00

-221.00

Consolidated Edison 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																-99.00	307.00	199.00	-235.00	-492.00

Consolidated Edison 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 $-221 Mil.

Consolidated Edison (NYSE:ED) 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.

Consolidated Edison's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	2418	/	3444	*	91
=	64.07

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

Consolidated Edison'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)
=	1189	-	45173	+	0.75 * 2418	+	0.5 * 469
=	-41,936

Consolidated Edison Change In Receivables Related Terms

Thank you for viewing the detailed overview of Consolidated Edison's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Consolidated Edison (Consolidated Edison) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Consolidated Edison Inc (NYSE:ED) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

EDC:Germany EDC:Germany

Address

4 Irving Place, Room 700, New York, NY, USA, 10003

Website

https://www.conedison.com

Con Ed is a holding company for Consolidated Edison of New York, or CECONY, and Orange & Rockland, or O&R. These utilities provide steam, natural gas, and electricity to customers in southeastern New York—including New York City—and small parts of New Jersey. The two utilities generate nearly all of Con Ed's earnings following the sale of its clean energy business to RWE in early 2023.

Executives

Christina Ho	officer: VP, Strategic Planning	4 IRVING PLACE, ROOM 16-205, NEW YORK NY 10003
Deneen L Donnley	officer: SVP and General Counsel	4 IRVING PLACE, ROOM 16-205, NEW YORK NY 10003
Stuart Nachmias	officer: President & CEO CET	4 IRVING PLACE, ROOM 16-205, NEW YORK NY 10003
Robert Sanchez	officer: SVP, Corporate Shared Services	4 IRVING PLACE, ROOM 16-205, NEW YORK NY 10003
Timothy Cawley	officer: President & CEO, O&R	4 IRVING PLACE, ROOM 16-205, NEW YORK NY 10003
Robert N Hoglund	officer: Senior Vice President Finance	4 IRVING PLACE, ROOM 16-205, NEW YORK NY 10003
Joseph Miller	officer: VP & Controller	4 IRVING PLACE, ROOM 16-205, NEW YORK NY 10003
Nancy Shannon	officer: SVP, Utility Shared Services	4 IRVING PLACE, ROOM 16-205, NEW YORK NY 10003
Matthew Ketschke	officer: President CECONY	4 IRVING PLACE, ROOM 16-205, NEW YORK NY 10003
Gurudatta D Nadkarni	officer: Vice President	4 IRVING PLACE, ROOM 1450-S, NEW YORK NY 10003
Jennifer Hensley	officer: SVP, Corporate Affairs	4 IRVING PLACE, ROOM 16-205, NEW YORK NY 10003
Frances Resheske	officer: Senior VP Public Affairs	4 IRVING PLACE, NEW YORK NY 10003
De La Bastide Lore	officer: SVP, Utility Shared Services	4 IRVING PLACE, ROOM 16-205, NEW YORK NY 10003
John Mcavoy	officer: President & CEO, O&R	4 IRVING PLACE, ROOM 16-205, NEW YORK NY 10003
Yukari Saegusa	officer: Vice President and Treasurer	4 IRVING PLACE, ROOM 1450-S, NEW YORK NY 10003