Atmos Energy (Atmos Energy) Accounts Receivable : $646 Mil (As of Dec. 2023)

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What is Atmos Energy Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Atmos Energy's accounts receivables for the quarter that ended in Dec. 2023 was $646 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Atmos Energy's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 50.92.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Atmos Energy's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-76.49.

Atmos Energy Accounts Receivable Historical Data

The historical data trend for Atmos Energy's Accounts Receivable 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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Atmos Energy Accounts Receivable Chart

Atmos Energy Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Accounts Receivable

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126.98

140.26

218.22

258.33

198.98

Atmos Energy Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Receivable	Get a 7-Day Free Trial															826.42	523.74	330.83	198.98	646.40

Atmos Energy Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.

Atmos Energy Accounts Receivable 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 receivables are being managed.

Atmos Energy's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	646.401	/	1158.467	*	91
=	50.92

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Atmos Energy's accounts receivable are only considered to be worth 75% of book value:

Atmos Energy's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is calculated as:

	Net-Net Working Capital Per Share
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(278.315	+	0.75 * 646.401	+	0.5 * 220.944	-	12411.034
-	0	-	0)	/	150.834
=	-76.49

Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.

Atmos Energy Accounts Receivable Related Terms

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Atmos Energy (Atmos Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Atmos Energy Corp (NYSE:ATO) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

AEO:Germany A1TM34:Brazil

Address

5430 LBJ Freeway, Suite 1800, Three Lincoln Centre, Dallas, TX, USA, 75240

Website

https://www.atmosenergy.com

Atmos Energy is the largest publicly traded, fully regulated, pure-play natural gas utility in the United States, serving more than 3 million customers in Texas, Colorado, Kansas, Kentucky, Louisiana, Mississippi, Tennessee, and Virginia. About two thirds of its earnings come from Texas, where it distributes natural gas in northern Texas and owns an intrastate gas pipeline spanning several key shale gas formations and interconnected with five storage facilities.

Executives

Richard M Thomas	officer: VICE PRESIDENT & CONTROLLER	P O BOX 650205, DALLAS TX 75265-0205
Kim R Cocklin	director	C/O ATMOS ENERGY CORPORATION, PO BOX 650205, DALLAS TX 75256
Diana J Walters	director	5430 LBJ FREEWAY, SUITE 1800, DALLAS TX 75240
John S Mcdill	officer: SR VP, UTILITY OPERATIONS	5430 LBJ FREEWAY, SUITE 1800, DALLAS TX 75240
John C. Ale	director	5430 LBJ FREEWAY, SUITE 1800, DALLAS TX 75240
Christopher T Forsythe	officer: Vice President and Controller	P O BOX 650205, DALLAS TX 75265
Sean Donohue	director	P O BOX 650205, DALLAS TX 75265
J Matt Robbins	officer: SR VP, Human Resources	P O BOX 650205, DALLAS TX 75265-0205
Frank H Yoho	director	5430 LBJ FREEWAY, SUITE 1800, DALLAS TX 75240
Richard A Sampson	director	PO BOX 650205, DALLAS TX 75265
David J Park	officer: SR VP, Utility Operations	P O BOX 650205, DALLAS TX 75265-0205
Richard W Douglas	director	10670 N CENTRAL EXPRESSWAY, DALLAS TX 75231
Nancy K Quinn	director	P O BOX 650205, DALLAS TX 75265
Karen E Hartsfield	officer: SR VP, GC & CORPORATE SEC'Y	P O BOX 650205, DALLAS TX 75265-0205
John K Akers	officer: SR VP, Safety & Enterprise Ser	P O BOX 650205, DALLAS TX 75265-0205