GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » United Utilities Group PLC (OTCPK:UUGRY) » Definitions » Accounts Receivable

United Utilities Group (United Utilities Group) Accounts Receivable : $331 Mil (As of Sep. 2023)


View and export this data going back to 1998. Start your Free Trial

What is United Utilities Group Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. United Utilities Group's accounts receivables for the quarter that ended in Sep. 2023 was $331 Mil.

Accounts receivable can be measured by Days Sales Outstanding. United Utilities Group's Days Sales Outstanding for the quarter that ended in Sep. 2023 was 49.75.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. United Utilities Group's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was $-42.77.


United Utilities Group Accounts Receivable Historical Data

The historical data trend for United Utilities Group'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.

United Utilities Group Accounts Receivable Chart

United Utilities Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 328.72 304.33 88.07 81.29 58.01

United Utilities Group Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 335.71 81.29 261.72 58.01 331.31

United Utilities Group Accounts Receivable Calculation

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


United Utilities Group 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.

United Utilities Group's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=331.312/1215.347*91
=49.75

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

United Utilities Group's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=(1025.743+0.75 * 331.312+0.5 * 15.47-15891.708
-0-0)/341.600
=-42.77

* 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.


United Utilities Group Accounts Receivable Related Terms

Thank you for viewing the detailed overview of United Utilities Group's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


United Utilities Group (United Utilities Group) Business Description

Traded in Other Exchanges
Address
Lingley Green Avenue, Great Sankey, Haweswater House, Lingley Mere Business Park, Warrington, GBR, WA5 3LP
United Utilities Group is primarily a holding company for United Utilities Water, the country's largest regulated water and wastewater utility, serving customers in northwest England, including Manchester and Liverpool.

United Utilities Group (United Utilities Group) Headlines

From GuruFocus

United Utilities Group PLC's Dividend Analysis

By GuruFocus Research 12-20-2023