Southwest Gas Holdings (FRA:SZR) Change In Receivables : €39 Mil (TTM As of Mar. 2024)

View and export this data going back to . Start your Free Trial

What is Southwest Gas Holdings Change In Receivables?

Southwest Gas Holdings's change in receivables for the quarter that ended in Mar. 2024 was €56 Mil. It means Southwest Gas Holdings's Accounts Receivable declined by €56 Mil from Dec. 2023 to Mar. 2024 .

Southwest Gas Holdings's change in receivables for the fiscal year that ended in Dec. 2023 was €-25 Mil. It means Southwest Gas Holdings's Accounts Receivable increased by €25 Mil from Dec. 2022 to Dec. 2023 .

Southwest Gas Holdings's Accounts Receivable for the quarter that ended in Mar. 2024 was €776 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. Southwest Gas Holdings's Days Sales Outstanding for the three months ended in Mar. 2024 was 48.66.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Southwest Gas Holdings's liquidation value for the three months ended in Mar. 2024 was €-6,839 Mil.

Southwest Gas Holdings Change In Receivables Historical Data

The historical data trend for Southwest Gas Holdings'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.

* Premium members only.

Southwest Gas Holdings Change In Receivables Chart

Southwest Gas Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

Get a 7-Day Free Trial

-50.53

-42.80

-47.84

-185.94

-25.20

Southwest Gas Holdings 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															-8.39	-15.99	27.71	-28.20	55.76

Southwest Gas Holdings 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 €39 Mil.

Southwest Gas Holdings (FRA:SZR) 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.

Southwest Gas Holdings's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	775.682	/	1454.48	*	91
=	48.66

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

Southwest Gas Holdings'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)
=	421.316	-	7842.165	+	0.75 * 775.682	+	0.5 * 0
=	-6,839

Southwest Gas Holdings Change In Receivables Related Terms

Thank you for viewing the detailed overview of Southwest Gas Holdings's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Southwest Gas Holdings (FRA:SZR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Southwest Gas Holdings Inc (FRA:SZR) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

SWX:USA

Address

8360 South Durango Drive, Post Office Box 98510, Las Vegas, NV, USA, 89193-8510

Website

https://www.swgasholdings.com

Southwest Gas Holdings Inc is a utility company primarily engaged in the purchasing, distributing, and transporting of natural gas in the American Southwest. The company segments its activities into natural gas operations and Utility Infrastructure Services units. The first of these encompasses the company's core natural gas business as one of the largest distributors in the states of Arizona and Nevada. The natural gas operations division is responsible for roughly half of Southwest Gas' total revenue through the sale of natural gas to mainly residential and small commercial customers. The Utility Infrastructure Services segment generates the other half of the company's total revenue from the underground piping contractor services that its subsidiary, Centuri Construction Group, provides.

Southwest Gas Holdings (FRA:SZR) Headlines

No Headlines