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TXNM (TXNM Energy) Days Sales Outstanding : 21.77 (As of Sep. 2024)


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What is TXNM Energy Days Sales Outstanding?

TXNM Energy's average Accounts Receivable for the three months ended in Sep. 2024 was $136 Mil. TXNM Energy's Revenue for the three months ended in Sep. 2024 was $569 Mil. Hence, TXNM Energy's Days Sales Outstanding for the three months ended in Sep. 2024 was 21.77.

The historical rank and industry rank for TXNM Energy's Days Sales Outstanding or its related term are showing as below:

TXNM' s Days Sales Outstanding Range Over the Past 10 Years
Min: 22.37   Med: 23.72   Max: 29.17
Current: 25.97

During the past 13 years, TXNM Energy's highest Days Sales Outstanding was 29.17. The lowest was 22.37. And the median was 23.72.

TXNM's Days Sales Outstanding is ranked better than
87.99% of 483 companies
in the Utilities - Regulated industry
Industry Median: 52.82 vs TXNM: 25.97

TXNM Energy's Days Sales Outstanding declined from Sep. 2023 (26.73) to Sep. 2024 (21.77).


TXNM Energy Days Sales Outstanding Historical Data

The historical data trend for TXNM Energy's Days Sales Outstanding 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.

TXNM Energy Days Sales Outstanding Chart

TXNM Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.37 23.88 24.27 24.90 29.17

TXNM Energy Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Days Sales Outstanding 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 26.73 33.38 24.15 21.20 21.77

Competitive Comparison of TXNM Energy's Days Sales Outstanding

For the Utilities - Regulated Electric subindustry, TXNM Energy's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


TXNM Energy's Days Sales Outstanding Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, TXNM Energy's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where TXNM Energy's Days Sales Outstanding falls into.



TXNM Energy Days Sales Outstanding Calculation

Days Sales Outstanding measures 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.

Accounts Receivable can be measured by Days Sales Outstanding.

TXNM Energy's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

Days Sales Outstanding (A: Dec. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )*Days in Period
=( (183.669 + 126.291) / 2 ) / 1939.198*365
=154.98 / 1939.198*365
=29.17

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

Days Sales Outstanding (Q: Sep. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Jun. 2024 ) + Accounts Receivable (A: Sep. 2024 )) / count ) / Revenue (A: Sep. 2024 )*Days in Period
=( (121.757 + 149.83) / 2 ) / 569.256*365 / 4
=135.7935 / 569.256*365 / 4
=21.77

* 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.


TXNM Energy  (NYSE:TXNM) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.


TXNM Energy Days Sales Outstanding Related Terms

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TXNM Energy Business Description

Traded in Other Exchanges
N/A
Address
414 Silver Avenue SW, Albuquerque, NM, USA, 87102-3289
TXNM Energy Inc is a holding company that owns regulated utility companies providing energy to houses and businesses across Texas and New Mexico using its utilities.
Executives
Norman P. Becker director 3900 SINGER BOULEVARD N.E., ALBUQUERQUE NM 87109
Elisabeth A Eden officer: SVP, CFO & Treasurer 414 SILVER AVE SW, MS1295, ALBUQUERQUE NM 87102
Henry E Monroy officer: VP & Corporate Controller 414 SILVER AVENUE SW, MS1015, ALBUQUERQUE NM 87102-3289
Charles N Eldred officer: Chief Financial Officer 414 SILVER AVE SW MS 1275, ALBUQUERQUE NM 87102-3289
Joseph Don Tarry officer: VP and Corporate Controller 414 SILVER AVE SW MS 1205, ALBUQUERQUE NM 87102-3289
Patrick V Apodaca officer: SR VP, GEN COUNSEL & SECY 414 SILVER AVE SW MS 1275, ALBUQUERQUE NM 87102-3289
Ronald N. Darnell officer: VICE PRESIDENT, REGULATORY AFF 414 SILVER AVE SW MS 1275, ALBUQUERQUE NM 87102-3289
Vicky A Bailey director 2099 PENNSYLVANIA AVNUE, NW, SUITE 1000, WASHINGTON DC 20006
James Alton Hughes director 350 W WASHINGTON STREET, SUITE 600, TEMPE AZ 85281
Chris M Olson officer: VP, Utility Operations 414 SILVER AVENUE SW, MS 1255, ALBUQUERQUE NM 87102-3289
Adelmo E Archuleta director 414 SILVER AVE SW MS 1275, ALBUQUERQUE NM 87102-3289
Ronald E Talbot officer: SR VP, CHIEF OPERATING OFFICER 414 SILVER AVE SW MS 1275, ALBUQUERQUE NM 87102-3289
Bruce W Wilkinson director 1333 WEST LOOP SOUTH, STE 1700, HOUSTON TX 77027
Sidney M. Gutierrez director 414 SILVER AVE SW, MS 1275, ALBUQUERQUE NM 87102-3289
Joan B Woodard director 414 SILVER AVE SW MS 1275, ALBUQUERQUE NM 87102-3289