The York Water Co (The York Water Co) Accounts Receivable

: $8.25 Mil (As of Dec. 2023)

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Accounts Receivable are created when a customer has received a product but has not yet paid for that product. The York Water Co's accounts receivables for the quarter that ended in Dec. 2023 was $8.25 Mil.

Accounts receivable can be measured by Days Sales Outstanding. The York Water Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 41.60.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. The York Water Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-25.07.

The York Water Co Accounts Receivable Historical Data

The historical data trend for The York Water Co'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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The York Water Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

4.57

5.63

5.03

7.07

8.25

The York Water Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Receivable																7.07	5.92	6.86	7.99	8.25

The York Water Co Accounts Receivable Calculation

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

The York Water Co 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.

The York Water Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	8.25	/	18.096	*	91
=	41.60

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

The York Water Co'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)
=	(0.001	+	0.75 * 8.25	+	0.5 * 3.109	-	367.027
-	0	-	0)	/	14.3322
=	-25.07

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.

The York Water Co Accounts Receivable Related Terms

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The York Water Co (The York Water Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » The York Water Co (NAS:YORW) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

YWA:Germany

Address

130 East Market Street, York, PA, USA, 17401

Website

https://www.yorkwater.com

The York Water Co is an investor-owned water utility company in the United States. The primary business of the company is to impound, purify to meet or exceed safe drinking water standards and distribute water. It also owns and operates three wastewater collection systems and two wastewater treatment systems. The company operates within its franchised territory, which covers more than 54 municipalities within York County, Pennsylvania.

Executives

Steven R Rasmussen	director	130 EAST MARKET STREET, YORK PA 17401-1219
Alexandra C Chiaruttini	officer: CAO & General Counsel	130 EAST MARKET STREET, YORK PA 17401
Vernon L Bracey	officer: Vice President-Customer Svc	130 EAST MARKET STREET, YORK PA 17401-1219
Joseph Thomas Hand	officer: Chief Operating Officer	130 EAST MARKET STREET, YORK PA 17401-1219
Mark S Snyder	officer: Vice President-Engineering	130 EAST MARKET STREET, YORK PA 17401-1219
Natalee Colon	officer: VP-Human Resources	130 EAST MARKET STREET, YORK PA 17401
Matthew E Poff	officer: Chief Financial Officer	130 EAST MARKET STREET, YORK PA 17401-1219
Douglas S Brossman	director	130 E MARKET STREET, YORK PA 17401
Matthew J Scarpato	officer: VP- Operations	130 EAST MARKET STREET, YORK PA 17401
Laura T Wand	director	130 EAST MARKET STREET, YORK PA 17401
Mark A Wheeler	officer: Chief Administrative Officer	130 EAST MARKET STREET, YORK PA 17401
Kain George Hay Iii Esq	director	130 EAST MARKET STREET, YORK PA 17401-1219
Paul R Bonney	director	130 EAST MARKET STREET, YORK PA 17401
Cynthia Dotzel	director	105 LEADER HEIGHTS ROAD, YORK PA 17403
Jody L Keller	director	130 EAST MARKET STREET, YORK PA 17401-1219