ES (Eversource Energy) Change In Receivables : $-358 Mil (TTM As of Jun. 2024)

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What is Eversource Energy Change In Receivables?

Eversource Energy's change in receivables for the quarter that ended in Jun. 2024 was $116 Mil. It means Eversource Energy's Accounts Receivable declined by $116 Mil from Mar. 2024 to Jun. 2024 .

Eversource Energy's change in receivables for the fiscal year that ended in Dec. 2023 was $-124 Mil. It means Eversource Energy's Accounts Receivable increased by $124 Mil from Dec. 2022 to Dec. 2023 .

Eversource Energy's Accounts Receivable for the quarter that ended in Jun. 2024 was $1,473 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. Eversource Energy's Days Sales Outstanding for the three months ended in Jun. 2024 was 53.06.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Eversource Energy's liquidation value for the three months ended in Jun. 2024 was $-41,974 Mil.

Eversource Energy Change In Receivables Historical Data

The historical data trend for Eversource 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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Eversource Energy Change In Receivables Chart

Eversource Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-98.72

-351.84

-135.51

-470.59

-124.39

Eversource 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															363.43	-131.08	-131.13	-212.17	116.33

Eversource 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 $-358 Mil.

Eversource Energy (NYSE:ES) 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.

Eversource 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
=	1473.255	/	2533.5	*	91
=	53.06

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

Eversource 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)
=	33.381	-	43378.173	+	0.75 * 1473.255	+	0.5 * 532.415
=	-41,974

Eversource Energy Change In Receivables Related Terms

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Eversource Energy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Eversource Energy (NYSE:ES) » Definitions » Change In Receivables

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Traded in Other Exchanges

0IJ2:UK NWJ:Germany NWJ:Germany E1SE34:Brazil ES:Austria

Address

300 Cadwell Drive, Springfield, MA, USA, 1104

Website

https://www.eversource.com

Eversource Energy is a diversified holding company with subsidiaries that provide rate-regulated electric, gas, and water distribution service to more than 4 million customers in the Northeast U.S. The company expanded its service territories with acquisitions of NStar (2012), Aquarion (2017), and Columbia Gas (2020). In 2024 Eversource exited its 50% partnership with European utility Orsted to develop 2 gigawatts of offshore wind projects in the Northeast U.S. The company exited most of its unregulated businesses in 2006.

Executives

Penelope M Conner	officer: EVP-Cust Exp & Energy Strategy	300 CADWELL DRIVE, SPRINGFIELD MA 01104
Gregory B Butler	officer: Sr. V.P. & Gen. Counsel	EVERSOURCE ENERGY, 56 PROSPECT STREET, HARTFORD CT 06103
Linda Dorcena Forry	other: Trustee	C/O EVERSOURCE ENERGY, 300 CADWELL DRIVE, SPRINGFIELD MA 01104
Frederica M Williams	other: Trustee	C/O EVERSOURCE ENERGY, 300 CADWELL DRIVE, SPRINGFIELD MA 01104
Van Faasen William C	other: Trustee	1499 POST ROAD, FAIRFIELD CT 06824
Daniel J Nova	other: Trustee	C/O HIGHLAND CAPITAL PARTNERS INC, TWO INTERNATIONAL PLACE, BOSTON MA 02110
Loretta D. Keane	other: Trustee	300 CADWELL DRIVE, SPRINGFIELD MA 01104
Christine M Carmody	officer: SVP - Human Resources	800 BOYLSTON STREET, BOSTON MA 02199
John M. Moreira	officer: EVP, CFO and Treasurer	300 CADWELL DRIVE, SPRINGFIELD MA 01104
Hunt James W Iii	officer: EVP-Corp Rel & Sustainability	300 CADWELL DRIVE, SPRINGFIELD MA 01104
Cleveland Cotton M	other: Trustee	EVERSOURCE ENERGY, 300 CADWELL DRIVE, SPRINGFIELD MA 01104
Jay Buth	officer: VP-Accounting and Controller	EVERSOURCE ENERGY, 107 SELDEN STREET, BERLIN CT 06037
James S Distasio	other: Trustee	C/O EVERSOURCE ENERGY, 300 CADWELL DRIVE, BOSTON MA 01104
David H. Long	other: Trustee	C/O EVERSOURCE ENERGY, 107 SELDEN STREET - LEGAL DEPT., BERLIN CT 06037
John Y Kim	other: Trustee	51 MADISON AVENUE, NEW YORK NY 10010