Essential Utilities (Essential Utilities) Change In Receivables : $-30 Mil (TTM As of Mar. 2024)

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What is Essential Utilities Change In Receivables?

Essential Utilities's change in receivables for the quarter that ended in Mar. 2024 was $0 Mil. It means Essential Utilities's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

Essential Utilities's change in receivables for the fiscal year that ended in Dec. 2023 was $190 Mil. It means Essential Utilities's Accounts Receivable declined by $190 Mil from Dec. 2022 to Dec. 2023 .

Essential Utilities's Accounts Receivable for the quarter that ended in Mar. 2024 was $165 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. Essential Utilities's Days Sales Outstanding for the three months ended in Mar. 2024 was 24.54.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Essential Utilities's liquidation value for the three months ended in Mar. 2024 was $-10,781 Mil.

Essential Utilities Change In Receivables Historical Data

The historical data trend for Essential Utilities'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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Essential Utilities Change In Receivables Chart

Essential Utilities Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-4.34

-35.35

-109.61

-223.34

189.99

Essential Utilities 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															219.62	81.02	-34.73	-75.93	-

Essential Utilities 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 $-30 Mil.

Essential Utilities (NYSE:WTRG) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	164.638	/	612.069	*	91
=	24.54

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

Essential Utilities'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)
=	35.2	-	10973.217	+	0.75 * 164.638	+	0.5 * 66.796
=	-10,781

Essential Utilities Change In Receivables Related Terms

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Essential Utilities (Essential Utilities) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Essential Utilities Inc (NYSE:WTRG) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

762 West Lancaster Avenue, Bryn Mawr, PA, USA, 19010-3489

Website

https://www.essential.co

Essential Utilities is a Pennsylvania-based holding company for U.S. water, wastewater, and natural gas distribution utilities. The company's water business serves 3 million people in eight states. Nearly three fourths of its water earnings come from Pennsylvania, primarily suburban Philadelphia. Its Peoples subsidiary serves more than 700,000 gas distribution customers in Pennsylvania and Kentucky. Essential exited its noncore competitive water and energy services businesses.

Executives

Roderick K West	director	1600 PERDIDO STREET, BLDG 505, NEW ORLEANS LA 70112
Arnold Colleen	officer: President	762 W. LANCASTER AVENUE, BRYN MAWR PA 19010
Chris Franklin	officer: Aqua America Southern Oper	762 W.LANCASTER AVE, BRYN MAWR PA 19010
Michael Huwar	officer: President	762 W. LANCASTER AVENUE, BRYN MAWR PA 19010
Ellen T Ruff	director	762, W LANCASTER AVE, BRYN MAWR PA 19010
Wilbert Bryan Lewis	director	762 W. LANCASTER AVENUE, BRYN MAWR PA 19010
Robert A Rubin	officer: Chief Accounting Officer	762 W LANCASTER AVE, BRYN MAWR PA 19010
Daniel Schuller	officer: Executive Vice President	40 SACHEM ROAD, GREENWICH CT 06830
David Alan Ciesinski	director	H. J. HEINZ COMPANY, P.O. BOX 57, PITTSBURGH PA 15230
Edwina Kelly	director	510 MADISON AVENUE, 15FL, NEW YORK NY 10022
Richard Scott Fox	officer: Chief Operating Officer	14812 BALLANTYNE COUNTRY CLUB DRIVE, CHARLOTTE NC 28277
Matthew Rhodes	officer: EVP, Strategy & Corp Dev	762 LANCASTER AVE, BRYN MAWR PA 19010
Wendy Franks	director	ONE QUEEN STREET EAST, SUITE 2500, TORONTO A6 M5C 2W5
Hilferty Daniel J Iii	director	C/O FS INVESTMENT CORPORATION III, CIRA CENTRE, 2929 ARCH STREET, SUITE 675, PHILADELPHIA PA 19104
Christopher Paul Luning	officer: Sr. VP, General Counsel & Sec	762 W. LANCASTER AVE, BRYN MAWR PA 19010