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Accounts Receivable are created when a customer has received a product but has not yet paid for that product. DT Midstream's accounts receivables for the quarter that ended in Dec. 2024 was $172.0 Mil.
Accounts receivable can be measured by Days Sales Outstanding. DT Midstream's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 63.03.
In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. DT Midstream's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was $-50.44.
The historical data trend for DT Midstream'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.
DT Midstream Annual Data | ||||||||||||||||
Trend | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | Dec24 | |||||||||
Accounts Receivable | Get a 7-Day Free Trial | 126.00 | 169.00 | 161.00 | 154.00 | 172.00 |
DT Midstream Quarterly Data | ||||||||||||||||||||
Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | Dec24 | |
Accounts Receivable | Get a 7-Day Free Trial |
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154.00 | 136.00 | 143.00 | 137.00 | 172.00 |
Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.
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.
DT Midstream's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:
Days Sales Outstanding | |||||
= | Accounts Receivable | / | Revenue | * | Days in Period |
= | 172 | / | 249 | * | 91 |
= | 63.03 |
2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), DT Midstream's accounts receivable are only considered to be worth 75% of book value:
DT Midstream's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2024 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) | ||
= | (68 | + | 0.75 * 172 | + | 0.5 * 0 | - | 5169 |
- | 0 | - | 139) | / | 101.325 | ||
= | -50.44 |
* 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.
Thank you for viewing the detailed overview of DT Midstream's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.
Skaggs Robert C Jr | director, officer: Executive Chairman | 5151 SAN FELIPE, SUITE 2500, HOUSTON TX 77056 |
Wendy Ellis | officer: E.V.P., Gen Counsel & Corp Sec | ONE ENERGY PLAZA, 1610 WCB, DETROIT MI 48226 |
Jeffrey A Jewell | officer: Executive V.P., CFO | ONE ENERGY PLAZA, DETROIT MI 48226 |
Peter I Tumminello | director | TEN PEACHTREE PLACE, ATLANTA GA 30309 |
Elaine M Pickle | director | ONE ENERGY PLAZA, DETROIT MI 48226 |
David Slater | director, officer: President and CEO | ONE ENERGY PLAZA, DETROIT MI 48226 |
Angela N Archon | director | 294 ROUTE 100, BUILDING 1, SOMERS NY 10589 |
Melissa Cox | officer: Sr. VP Admin. | 500 WOODWARD AVE, SUITE 2900, DETROIT MI 48226 |
Wright Iii Lassiter | director | 500 PLAZA DRIVE, C/O QUEST DIAGNOSTICS, SECAUCUS NJ 07094 |
Dwayne Andree Wilson | director | 6700 LAS COLINAS BOULEVARD, IRVING TX 75039 |
Stephen W Baker | director | 5400 WESTHEIMER COURT, HOUSTON TX 77056 |
Redmond Richard L Jr | officer: E.V.P., Chief Admin. Off. | ONE ENERGY PLAZA, DETROIT MI 48226 |
Christopher Zona | officer: E.V.P., Chief Oper. Off. | ONE ENERGY PLAZA, DETROIT MI 48226 |
Dte Energy Co | 10 percent owner | ONE ENERGY PLAZA, DETROIT MI 48226 |
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