TXNM Energy (STU:98P) Change In Receivables : €-14 Mil (TTM As of Jun. 2024)

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What is TXNM Energy Change In Receivables?

TXNM Energy's change in receivables for the quarter that ended in Jun. 2024 was €-37 Mil. It means TXNM Energy's Accounts Receivable increased by €37 Mil from Mar. 2024 to Jun. 2024 .

TXNM Energy's change in receivables for the fiscal year that ended in Dec. 2023 was €49 Mil. It means TXNM Energy's Accounts Receivable declined by €49 Mil from Dec. 2022 to Dec. 2023 .

TXNM Energy's Accounts Receivable for the quarter that ended in Jun. 2024 was €113 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. TXNM Energy's Days Sales Outstanding for the three months ended in Jun. 2024 was 22.76.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. TXNM Energy's liquidation value for the three months ended in Jun. 2024 was €-7,402 Mil.

TXNM Energy Change In Receivables Historical Data

The historical data trend for TXNM Energy'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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TXNM Energy Change In Receivables Chart

TXNM Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

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Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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3.42

-34.55

-22.94

-69.01

48.81

TXNM Energy Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Change In Receivables	Get a 7-Day Free Trial															-7.56	-52.24	47.92	26.95	-36.62

TXNM Energy 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-14 Mil.

TXNM Energy (STU:98P) 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.

TXNM Energy's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	113.112	/	453.447	*	91
=	22.76

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

TXNM Energy's liquidation value for the quarter that ended in Jun. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	3.005	-	7543.667	+	0.75 * 113.112	+	0.5 * 106.969
=	-7,402

TXNM Energy Change In Receivables Related Terms

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TXNM Energy Business Description

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GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » TXNM Energy Inc (STU:98P) » Definitions » Change In Receivables

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PNM:USA

Address

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

Website

https://www.pnmresources.com

PNM Resources Inc, or PNMR, is a holding company that owns regulated utilities companies providing electricity and electric services. PNMR segments its operations by its two subsidiaries, PNM and TNMP. PNM provides electric generation, transmission, and distribution services mainly to areas of New Mexico. While PNM uses a variety of fuel sources across its power plant portfolio, its coal and gas-fueled sites produce most of the energy. TNMP owns and operates transmission and distribution services primarily in small to medium-sized communities in Texas. Both subsidiaries generate revenue for PNMR through the sale of electricity and transmission service fees fairly evenly split between residential and commercial customers. PNM generates the vast majority of PNMR's total revenue.

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