Eversource Energy (LTS:0IJ2) Change In Receivables : $-111 Mil (TTM As of Mar. 2024)

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What is Eversource Energy Change In Receivables?

Eversource Energy's change in receivables for the quarter that ended in Mar. 2024 was $-212 Mil. It means Eversource Energy's Accounts Receivable increased by $212 Mil from Dec. 2023 to Mar. 2024 .

Eversource Energy's change in receivables for the fiscal year that ended in Dec. 2023 was $-124 Mil. It means Eversource Energy's Accounts Receivable increased by $124 Mil from Dec. 2022 to Dec. 2023 .

Eversource Energy's Accounts Receivable for the quarter that ended in Mar. 2024 was $1,593 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. Eversource Energy's Days Sales Outstanding for the three months ended in Mar. 2024 was 43.63.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Eversource Energy's liquidation value for the three months ended in Mar. 2024 was $-40,891 Mil.

Eversource Energy Change In Receivables Historical Data

The historical data trend for Eversource Energy'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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Eversource Energy Change In Receivables Chart

Eversource Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-98.72

-351.84

-135.51

-470.59

-124.39

Eversource Energy Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															-225.61	363.43	-131.08	-131.13	-212.17

Eversource Energy 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-111 Mil.

Eversource Energy (LTS:0IJ2) 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.

Eversource Energy's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1593.487	/	3332.6	*	91
=	43.63

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

Eversource Energy's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	259.213	-	42623.069	+	0.75 * 1593.487	+	0.5 * 555.211
=	-40,891

Eversource Energy Change In Receivables Related Terms

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Eversource Energy (LTS:0IJ2) Business Description

Industry

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Traded in Other Exchanges

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Address

300 Cadwell Drive, Springfield, MA, USA, 1104

Website

https://www.eversource.com

Eversource Energy is a diversified holding company with subsidiaries that provide rate-regulated electric, gas, and water distribution service to more than 4 million customers in the Northeast U.S. The company expanded its service territories with acquisitions of NStar (2012), Aquarion (2017), and Columbia Gas (2020). Eversource is exiting its 50% partnership with European utility Orsted to develop 2 gigawatts of offshore wind projects in the Northeast U.S. The company exited most of its unregulated businesses in 2006.

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