New Jersey Resources (New Jersey Resources) Change In Receivables : $213 Mil (TTM As of Dec. 2023)

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What is New Jersey Resources Change In Receivables?

New Jersey Resources's change in receivables for the quarter that ended in Dec. 2023 was $-146 Mil. It means New Jersey Resources's Accounts Receivable increased by $146 Mil from Sep. 2023 to Dec. 2023 .

New Jersey Resources's change in receivables for the fiscal year that ended in Sep. 2023 was $113 Mil. It means New Jersey Resources's Accounts Receivable declined by $113 Mil from Sep. 2022 to Sep. 2023 .

New Jersey Resources's Accounts Receivable for the quarter that ended in Dec. 2023 was $170 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. New Jersey Resources's Days Sales Outstanding for the three months ended in Dec. 2023 was 33.29.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. New Jersey Resources's liquidation value for the three months ended in Dec. 2023 was $-4,440 Mil.

New Jersey Resources Change In Receivables Historical Data

The historical data trend for New Jersey Resources'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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New Jersey Resources Change In Receivables Chart

New Jersey Resources Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Change In Receivables

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63.80

5.07

-81.37

-16.66

112.63

New Jersey Resources 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	Get a 7-Day Free Trial															-247.08	238.20	112.83	8.67	-146.38

New Jersey Resources 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 $213 Mil.

New Jersey Resources (NYSE:NJR) 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.

New Jersey Resources's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	170.472	/	467.21	*	91
=	33.29

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

New Jersey Resources'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)
=	2.739	-	4682.847	+	0.75 * 170.472	+	0.5 * 224.575
=	-4,440

New Jersey Resources Change In Receivables Related Terms

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New Jersey Resources (New Jersey Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » New Jersey Resources Corp (NYSE:NJR) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

NJ1:Germany

Address

1415 Wyckoff Road, Wall, NJ, USA, 07719

Website

https://www.njresources.com

New Jersey Resources is an energy services holding company with regulated and nonregulated operations. Its regulated utility, New Jersey Natural Gas, delivers natural gas to more than 575,000 customers in the state. NJR's nonregulated businesses include solar investments primarily in New Jersey and investments in several large midstream natural gas projects.

Executives

Patrick J. Migliaccio	officer: Senior VP and CFO	1415 WYCKOFF ROAD, WALL NJ 07719
Peter C Harvey	director	C/O NEW JERSEY RESOURCES CORPORATION, 1415 WYCKOFF ROAD, WALL NJ 07719
Stephen D Westhoven	officer: Senior V.P., Subsidiary	1415 WYCKOFF ROAD, WALL NJ 07719
Stephen Skrocki	officer: Corporate Controller and PAO	C/O NEW JERSEY RESOURCES CORPORATION, 1415 WYCKOFF ROAD, WALL NJ 07719
Lori Delgiudice	officer: SVP, Human Resources	C/O NEW JERSEY RESOURCES CORPORATION, 1415 WYCKOFF ROAD, WALL NJ 07719
Michael A O'sullivan	director	C/O NEW JERSEY RESOURCES CORPORATION, 1415 WYCKOFF ROAD, WALL NJ 07719
Roberto Bel	officer: SVP and CFO	C/O NEW JERSEY RESOURCES CORPORATION, 1415 WYCKOFF ROAD, WALL NJ 07719
Degraffenreidt James H Jr	director	1100 H ST NW, WASHINGTON DC 20080
Richard Reich	officer: SVP, Gen Counsel and Corp Sec	C/O NEW JERSEY RESOURCES CORPORATION, 1415 WYCKOFF ROAD, WALL NJ 07719
Timothy F. Shea	officer: Vice President, Subsidiary	C/O NEW JERSEY RESOURCES CORPORATION, 1415 WYCKOFF ROAD, WALL NJ 07719
Howard M William Jr	director	C/O NEW JERSEY RESOURCES CORPORATION, 1415 WYCKOFF ROAD, WALL NJ 07719
M Susan Hardwick	director	C/O AMERICAN WATER WORKS COMPANY, INC., 1 WATER STREET, CAMDEN NJ 08102-1658
Donald L Correll	director	C/O INTERCHANGE FINANCIAL SERVICES CORP, PARK 80 W PLAZA TWO, SADDLE BROOK NJ 07663
Amy Cradic	officer: SVP & COO Non-Utility Business	C/O NEW JERSEY RESOURCES CORPORATION, 1415 WYCKOFF ROAD, WALL NJ 07719
Craig A Lynch	officer: SVP, Subsidiary	C/O NEW JERSEY RESOURCES CORPORATION, 1415 WYCKOFF ROAD, WALL NJ 07719