Xcel Energy (Xcel Energy) Accounts Receivable : $1,315 Mil (As of Dec. 2023)

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What is Xcel Energy Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Xcel Energy's accounts receivables for the quarter that ended in Dec. 2023 was $1,315 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Xcel Energy's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 34.86.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Xcel Energy's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-81.08.

Xcel Energy Accounts Receivable Historical Data

The historical data trend for Xcel Energy'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.

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Xcel Energy Accounts Receivable Chart

Xcel Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

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837.00

916.00

1,018.00

1,373.00

1,315.00

Xcel Energy Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Receivable	Get a 7-Day Free Trial															1,300.00	1,111.00	1,220.00	1,315.00	-

Xcel Energy Accounts Receivable Calculation

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

Xcel Energy 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1315	/	3442	*	91
=	34.86

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

Xcel Energy's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=	(129	+	0.75 * 1315	+	0.5 * 711	-	46463
-	0	-	0)	/	554.942
=	-81.08

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.

Xcel Energy Accounts Receivable Related Terms

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Xcel Energy (Xcel Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Xcel Energy Inc (NAS:XEL) » Definitions » Accounts Receivable

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Traded in Other Exchanges

NRN:Germany

Address

414 Nicollet Mall, Minneapolis, MN, USA, 55401

Website

https://www.xcelenergy.com

Xcel Energy manages utilities serving 3.8 million electric customers and 2.1 million natural gas customers in eight states. Its utilities are Northern States Power, which serves customers in Minnesota, North Dakota, South Dakota, Wisconsin, and Michigan; Public Service Company of Colorado; and Southwestern Public Service Company, which serves customers in Texas and New Mexico. It is one of the largest renewable energy owners and suppliers in the U.S. with more than half of its electricity sales coming from carbon-free energy.

Executives

Robert Frenzel	director, officer: Chairman, President and CEO	414 NICOLLET MALL, MINNEAPOLIS MN 55401
Amanda J Rome	officer: EVP, Group President Utilities	414 NICOLLET MALL, MINNEAPOLIS MN 55401
Timothy A Welsh	director	800 NICOLLET MALL, MINNEAPOLIS MN 55402
Netha N. Johnson	director	3489 CRESTMOOR DRIVE, WOODBURY MN 55125
Patricia L Kampling	director	PO BOX 2568, MADISON WI 53701
Megan D Burkhart	director	1717 MAIN STREET, DALLAS TX 75201
George J Kehl	director	414 NICOLLET MALL, MINNEAPOLIS MN 55401
James T Prokopanko	director	25990 BIRCH BLUFF ROAD, EXCELSIOR MN 55331
Lynn Casey	director	414 NICOLLET MALL, MINNEAPOLIS MN 55401
Kim Williams	director	C/O WEYERHAEUSER COMPANY, 220 OCCIDENTAL AVENUE SOUTH, SEATTLE WA 98104
Richard T Obrien	director	6363 SOUTH FIDDLERS GREEN CIRCLE, GREENWOOD VILLAGE CO 80111
Charles G Pardee	director	10 SOUTH DEARBORN STREET, 54TH FLOOR, CHICAGO IL 60603
Daniel Yohannes	director	414 NICOLLET MALL, MINNEAPOLIS MN 55014
Christopher J. Policinski	director	4001 LEXINGTON AVENUE N., ARDEN HILLS MN 55126
Brett C Carter	officer: EVP, Group President Utilitie, other: Chief Customer Officer	414 NICOLLET MALL, 401-9, MINNEAPOLIS MN 55401