Public Service Company of New Mexico (Public Service Company of New Mexico) Change In Receivables : $19.62 Mil (TTM As of Mar. 2024)

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What is Public Service Company of New Mexico Change In Receivables?

Public Service Company of New Mexico's change in receivables for the quarter that ended in Mar. 2024 was $22.35 Mil. It means Public Service Company of New Mexico's Accounts Receivable declined by $22.35 Mil from Dec. 2023 to Mar. 2024 .

Public Service Company of New Mexico's change in receivables for the fiscal year that ended in Dec. 2023 was $51.31 Mil. It means Public Service Company of New Mexico's Accounts Receivable declined by $51.31 Mil from Dec. 2022 to Dec. 2023 .

Public Service Company of New Mexico's Accounts Receivable for the quarter that ended in Mar. 2024 was $75.44 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. Public Service Company of New Mexico's Days Sales Outstanding for the three months ended in Mar. 2024 was 22.34.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Public Service Company of New Mexico's liquidation value for the three months ended in Mar. 2024 was $-4,731.18 Mil.

Public Service Company of New Mexico Change In Receivables Historical Data

The historical data trend for Public Service Company of New Mexico'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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Public Service Company of New Mexico Change In Receivables Chart

Public Service Company of New Mexico Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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5.88

-41.34

-24.76

-60.74

51.31

Public Service Company of New Mexico 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															54.04	0.62	-39.02	35.67	22.35

Public Service Company of New Mexico 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 $19.62 Mil.

Public Service Company of New Mexico (OTCPK:PNMXO.PFD) 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.

Public Service Company of New Mexico's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	75.437	/	308.115	*	91
=	22.34

2. In Ben Graham's calculation of liquidation value, Public Service Company of New Mexico's accounts receivable are only considered to be worth 75% of book value:

Public Service Company of New Mexico'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)
=	1.825	-	4832.176	+	0.75 * 75.437	+	0.5 * 85.184
=	-4,731.18

Public Service Company of New Mexico Change In Receivables Related Terms

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Public Service Company of New Mexico (Public Service Company of New Mexico) Business Description

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GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Public Service Company of New Mexico (OTCPK:PNMXO.PFD) » Definitions » Change In Receivables

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Address

414 Silver Avenue Southwest, Albuquerque, NM, USA, 87102-3289

Website

http://www.pnm.com

Public Service Company of New Mexico is an electric utility company. It provides electric generation, transmission, and distribution service to its rate-regulated customers. In addition, it is also involved in the provision of transmission services to third parties; and the generation and sale of electricity into the wholesale market. Geographically, it operates through the region of Mexico and it provides retail electric service to customers in north-central New Mexico, including the cities of Albuquerque, Rio Rancho and Santa Fe, and certain areas of southern New Mexico.

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