Connecticut Water Service Inc's ability to collect accounts receivable sequentially worsen to 8.41, indicating more challenging environment then in the first quarter 2019, but still, it is a far cry from any concerns. Average collection period, for Connecticut Water Service Inc's accounts receivable remained unchanged at 43 days, in the Jun 30 2019 quarter.

If we take a look into Utilities sector 74 other companies have achieved higher receivables turnover ratio. While total ranking has deteriorated relative to the period ending Jun 30 2019 from 1580 to 1671.

What is Receivable Turnover Ratio?
What is Connecticut Water Service Inc Selling?

What is Receivable Turnover Ratio?

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CTWS Receivables Turnover Ratio	(Jun 30 2019) II. Quarter	(Mar 31 2019) I. Quarter	(Dec 31 2018) IV. Quarter	(Sep 30 2018) III. Quarter	(Jun 30 2018) II. Quarter
Y / Y Receivable Change	4.65 %	-1.03 %	-5.32 %	5.12 %	3.01 %
Y / Y Revenue Change	2.41 %	5.87 %	2.56 %	15.54 %	8.72 %
Receivable Turnover Ratio (TTM)	8.41	8.45	8.33	8.17	7.94
CTWS's Total Ranking	# 1671	# 1580	# 3314	# 3120	# 3323
Accounts Receivable average collection period days	43	43	44	45	46
Seq. Receivable Change	9.76 %	-10.76 %	-13.83 %	23.99 %	3.8 %
Seq. Revenue Change	16.22 %	4.26 %	-30.21 %	21.1 %	20.15 %

Receivable Turnover Company Ranking
Within:	No.
Water Supply Industry	# 3
Utilities Sector	# 75
Overall Market	# 1671

Receivable Turnover Ratio Statistics
High	Average	Low
8.45	5.41	1.78
(Mar 31 2019)		(Mar 31 2017)

CTWS Company Profile • Back to CTWS Efficiency Comparisons • Compare CTWS Receivables Turnover Ratio to its Competitors

Financial Statements
Connecticut Water Service Inc's Accounts Receivable	$ 14 Millions	Visit CTWS's Balance sheet
Connecticut Water Service Inc's Sales TTM	$ 120 Millions	Visit CTWS's Income Statement
Sources of CTWS's Revenues		Visit CTWS's Sales by Geography

Other Accounts Receivable Turnover Ratios
Water Supply Industry Accounts Receivable Turnover Trends and Statistics
Utilities Sector Accounts Receivable Turnover Statistics
Accounts Receivables Turnover Trends for overall market
CTWS's Receivable Turnover Ratio versus Water Supply Industry, Utilities Sector and total Market
Highest Ranking Accounts Receivables Turnover
Lowest Ranking Accounts Receivables Turnover

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CTWS's Growth Rates	CTWS's Roa	CTWS's Inventory Turnover Ratio	CTWS's Dividend Comparisons
CTWS's Profitability Ratios	CTWS's Roi	CTWS's Asset Turnover Ratio	CTWS's Dividend Growth
CTWS's Valuation Ratios	CTWS's Roe	CTWS's Financial Strength Ratios	CTWS's Dividend Payout Ratio

Companies with similar Receivables Turnover Ratio for the quarter ending Jun 30 2019, within Utilities Sector	Receivable Turnover Ratio	Revenues for 12 Months ending Jun 30 2019	Receivable at quarter ending Jun 30 2019
Sempra	22.77	$ 11,289.000 Millions	$ 495.750 Millions
Global Water Resources Inc	21.92	$ 34.096 Millions	$ 1.556 Millions
Ngl Energy Partners Lp	21.76	$ 24,810.364 Millions	$ 1,140.305 Millions
Cheniere Energy Inc	21.13	$ 8,755.000 Millions	$ 414.250 Millions
Pure Cycle Corporation	19.98	$ 14.780 Millions	$ 0.740 Millions
Cheniere Energy Partners L p	19.14	$ 6,880.000 Millions	$ 359.500 Millions
American States Water Co	18.92	$ 461.567 Millions	$ 24.391 Millions
Hallador Energy Co	18.89	$ 331.073 Millions	$ 17.527 Millions
Delek Logistics Partners Lp	17.65	$ 631.233 Millions	$ 35.757 Millions
Buckeye Partners L p	15.58	$ 3,805.005 Millions	$ 244.200 Millions
Transmontaigne Partners llc	14.84	$ 241.755 Millions	$ 16.294 Millions
Venture Global Inc	14.67	$ 1,112.459 Millions	$ 75.811 Millions
Oneok Inc	13.90	$ 11,768.123 Millions	$ 846.548 Millions
Xcel Energy Inc	13.59	$ 11,646.000 Millions	$ 856.750 Millions
Otter Tail Corporation	12.85	$ 1,377.862 Millions	$ 107.197 Millions
Txnm Energy Inc	12.85	$ 1,446.295 Millions	$ 112.582 Millions
Mplx Lp	12.74	$ 6,929.000 Millions	$ 544.000 Millions
Pinnacle West Capital Corporation	12.62	$ 3,634.441 Millions	$ 288.001 Millions
The Southern Company	12.61	$ 22,006.000 Millions	$ 1,744.750 Millions
Centerpoint Energy Inc	12.55	$ 10,207.000 Millions	$ 813.000 Millions
Allete Inc	12.55	$ 1,443.900 Millions	$ 115.025 Millions
Blueknight Energy Partners L.p.	12.47	$ 444.490 Millions	$ 35.642 Millions
Crestwood Equity Partners Lp	12.20	$ 3,217.200 Millions	$ 263.775 Millions
Plains All American Pipeline Lp	12.17	$ 34,206.000 Millions	$ 2,811.000 Millions
Plains Gp Holdings Lp	12.17	$ 34,206.000 Millions	$ 2,811.000 Millions
Nisource Inc	12.08	$ 10,751.400 Millions	$ 890.300 Millions
Targa Resources Partners Lp	12.02	$ 9,878.700 Millions	$ 822.000 Millions
Targa Resources Corp	12.00	$ 9,878.700 Millions	$ 823.175 Millions
Collective Mining Ltd	11.98	$ 1,397.082 Millions	$ 116.648 Millions
Dcp Midstream Lp	11.92	$ 9,363.000 Millions	$ 785.250 Millions

Date modified: -0001-11-30T00:00:00+00:00

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