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Eversource Energy Accounts Receivables Turnover Ratio from the forth quarter 2023 to the forth quarter 2022
Quarterly Results, Trends, Rankings, Statistics
Eversource Energy's ability to collect accounts receivable sequentially worsen to 8.14, indicating more challenging environment then in the third quarter 2023, but still, it is a far cry from any concerns. Eversource Energy's Average receivable collection period in the Dec 31 2023 quarter, has increased to 45 days, from 44 days, in the Sep 30 2023 quarter.
If we take a look into Utilities sector 14 other companies have achieved higher receivables turnover ratio. While receivables turnover ratio total ranking has improved thus far to 667, from overall ranking in the third quarter 2023 at 1015.
What is Receivable Turnover Ratio?
What is Eversource Energy Selling?
What is Receivable Turnover Ratio?
Select the Comparisons :
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Select the Ratio:
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Accounts Receivables Turnover▼
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Accounts Receivables Turnover▼
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ES Receivables Turnover Ratio |
(Dec 31 2023) IV. Quarter |
(Sep 30 2023) III. Quarter |
(Jun 30 2023) II. Quarter |
(Mar 31 2023) I. Quarter |
(Dec 31 2022) IV. Quarter |
Y / Y Receivable Change |
-5.64 % |
-1.62 % |
-1.01 % |
13.04 % |
23.74 % |
Y / Y Revenue Change |
-11.07 % |
-13.19 % |
2.2 % |
9.34 % |
22.07 % |
Receivable Turnover Ratio (TTM) |
8.14 |
8.25 |
8.5 |
8.44 |
8.5 |
ES's Total
Ranking |
# 667 |
# 1015 |
# 1527 |
# 2384 |
# 1280 |
Average receivable collection period |
45 |
44 |
43 |
43 |
43 |
Seq. Receivable Change |
0.09 % |
7.35 % |
-19.74 % |
9.42 % |
4.36 % |
Seq. Revenue Change |
-3.48 % |
6.17 % |
-30.73 % |
25.28 % |
-5.78 % |
Receivable
Turnover Ratio Statistics |
High |
Average |
Low |
0.45 |
0.25 |
0.2 |
(Dec 31 2013) |
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(Sep 30 2021) |
Companies with similar Receivables Turnover Ratio for the quarter ending Dec 31 2023, within Utilities Sector | Receivable Turnover Ratio | Revenues for 12 Months ending Dec 31 2023 | Receivable at quarter ending Dec 31 2023 | Oncor Electric Delivery Company Llc | 22.22 | $ 5,585.093 Millions | $ 251.393 Millions | Cheniere Energy Partners L p | 21.96 | $ 9,664.000 Millions | $ 440.000 Millions | Brookfield Renewable Corporation | 21.56 | $ 3,967.000 Millions | $ 184.000 Millions | Xcel Energy Inc | 20.75 | $ 25,652.000 Millions | $ 1,236.500 Millions | Transmontaigne Partners llc | 19.65 | $ 742.645 Millions | $ 37.788 Millions | Evergy Inc | 19.30 | $ 5,508.200 Millions | $ 285.450 Millions | American Electric Power Co Inc | 18.80 | $ 18,982.300 Millions | $ 1,009.925 Millions | Hf Sinclair Corporation | 17.85 | $ 31,964.395 Millions | $ 1,790.803 Millions | Allete Inc | 15.03 | $ 1,879.800 Millions | $ 125.075 Millions | Oneok Inc | 12.97 | $ 17,677.000 Millions | $ 1,363.000 Millions | Plains All American Pipeline Lp | 12.82 | $ 48,712.000 Millions | $ 3,800.250 Millions | Plains Gp Holdings Lp | 12.82 | $ 48,712.000 Millions | $ 3,800.250 Millions | Antero Midstream Corporation | 12.08 | $ 1,054.417 Millions | $ 87.267 Millions | Ameren Corporation | 12.03 | $ 7,500.000 Millions | $ 623.500 Millions | Duke Energy Corporation | 11.64 | $ 29,060.000 Millions | $ 2,496.000 Millions | Northwest Natural Holding Company | 11.48 | $ 1,197.475 Millions | $ 104.341 Millions | Rgc Resources Inc | 11.03 | $ 88.577 Millions | $ 8.033 Millions | Enlink Midstream Llc | 10.93 | $ 6,900.100 Millions | $ 631.275 Millions | Kinder Morgan Inc | 10.77 | $ 15,334.000 Millions | $ 1,423.750 Millions | Idacorp Inc | 10.24 | $ 1,766.356 Millions | $ 172.476 Millions | Stabilis Solutions Inc | 10.24 | $ 72.573 Millions | $ 7.087 Millions | Spire Inc | 9.85 | $ 2,608.900 Millions | $ 264.775 Millions | Berkshire Hathaway Energy Company | 9.83 | $ 25,602.000 Millions | $ 2,603.250 Millions | Enterprise Products Partners L p | 9.71 | $ 69,553.100 Millions | $ 7,162.700 Millions | Nisource Inc | 9.45 | $ 14,214.100 Millions | $ 1,503.400 Millions | Usa Compression Partners Lp | 9.41 | $ 846.178 Millions | $ 89.893 Millions | New Jersey Resources Corporation | 9.14 | $ 1,706.637 Millions | $ 186.623 Millions | Southwest Gas Holdings Inc | 9.13 | $ 8,333.248 Millions | $ 912.620 Millions | Energy Transfer Lp | 9.00 | $ 78,586.000 Millions | $ 8,729.500 Millions | Pinnacle West Capital Corporation | 8.87 | $ 4,695.991 Millions | $ 529.686 Millions |
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