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Southern California Gas Co (Southern California Gas Co) Accounts Receivable : $995.00 Mil (As of Mar. 2024)


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What is Southern California Gas Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Southern California Gas Co's accounts receivables for the quarter that ended in Mar. 2024 was $995.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Southern California Gas Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 50.30.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Southern California Gas Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $N/A.


Southern California Gas Co Accounts Receivable Historical Data

The historical data trend for Southern California Gas 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.

* Premium members only.

Southern California Gas Co Accounts Receivable Chart

Southern California Gas Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 710.00 786.00 1,084.00 1,295.00 985.00

Southern California Gas Co 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,422.00 856.00 665.00 985.00 995.00

Southern California Gas Co Accounts Receivable Calculation

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


Southern California Gas 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.

Southern California Gas Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=995/1805*91
=50.30

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

Southern California Gas Co's Net-Net Working Capital Per Share for the quarter that ended in Mar. 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)
=(54+0.75 * 995+0.5 * 265-17112
-22-0)/0
=N/A

* 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.


Southern California Gas Co Accounts Receivable Related Terms

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Southern California Gas Co (Southern California Gas Co) Business Description

Traded in Other Exchanges
Address
555 West Fifth Street, Los Angeles, CA, USA, 90013
Southern California Gas Co is a utility service company. The company is engaged in natural gas distribution, refining and other processes.
Executives
Diana L Day director 488 8TH AVENUE, SAN DIEGO CA 92101
Karen L Sedgwick director 488 8TH AVENUE, SAN DIEGO CA 92101
Jeffery Lenord Walker officer: SVP-Chief Admin & Diversity Of 555 WEST 5TH STREET, LOS ANGELES CA 90013
Scott D. Drury director, officer: Chief Executive Officer 555 W 5TH STREET, LOS ANGELES CA 90013
Kevin C. Sagara director 488 8TH AVENUE, SAN DIEGO CA 92101
Mia Demontigny officer: VP, CFO, Controller & CAO 488 8TH AVENUE, SAN DIEGO CA 92101
Randall Lee Clark director 488 8TH AVENUE, SAN DIEGO CA 92101
Maryam S. Brown officer: President 555 W. 5TH STREET, LOS ANGELES CA 90013
Alexander Lisa Larroque director 488 8TH AVENUE, SAN DIEGO CA 92101
David Judson Barrett officer: VP and General Counsel 555 W 5TH STREET, LOS ANGELES CA 90013
Jimmie I Cho officer: Senior Vice President 555 W 5TH STREET, LOS ANGELES CA 90013
Patrick Kevin Chase officer: SVP, Chief Information Officer 488 8TH AVENUE, SAN DIEGO CA 92101
Gillian Wright officer: Chief HR and Admin Officer 555 W. 5TH STREET, LOS ANGELSS CA 90013
Hal D. Snyder officer: Chief HR and Admin Officer 555 WEST FIFTH STREET, LOS ANGELES CA 90013
Trevor I Mihalik director 101 ASH STREET, SAN DIEGO CA 92101

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