Unitil (Unitil) Change In Receivables : $16.8 Mil (TTM As of Dec. 2023)

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What is Unitil Change In Receivables?

Unitil's change in receivables for the quarter that ended in Dec. 2023 was $-18.8 Mil. It means Unitil's Accounts Receivable increased by $18.8 Mil from Sep. 2023 to Dec. 2023 .

Unitil's change in receivables for the fiscal year that ended in Dec. 2023 was $16.8 Mil. It means Unitil's Accounts Receivable declined by $16.8 Mil from Dec. 2022 to Dec. 2023 .

Unitil's Accounts Receivable for the quarter that ended in Dec. 2023 was $75.0 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. Unitil's Days Sales Outstanding for the three months ended in Dec. 2023 was 52.81.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Unitil's liquidation value for the three months ended in Dec. 2023 was $-1,111.1 Mil.

Unitil Change In Receivables Historical Data

The historical data trend for Unitil'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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Unitil Change In Receivables Chart

Unitil Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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18.40

-6.60

-17.70

-29.10

16.80

Unitil Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial															-40.90	-3.90	39.20	0.30	-18.80

Unitil 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $16.8 Mil.

Unitil (NYSE:UTL) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	75	/	129.6	*	91
=	52.81

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

Unitil's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	6.5	-	1181.1	+	0.75 * 75	+	0.5 * 14.5
=	-1,111.1

Unitil Change In Receivables Related Terms

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Unitil (Unitil) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Unitil Corp (NYSE:UTL) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

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Address

6 Liberty Lane West, Hampton, NH, USA, 03842-1720

Website

https://www.unitil.com

Unitil Corp is a holding company, through its subsidiaries it is engaged in the local distribution of electricity and natural gas throughout its service territories in the states of New Hampshire, Massachusetts, and Maine. It reports three segments namely utility gas operations, utility electric operations, and non-regulated.

Executives

Todd R Diggins	officer: Controller and CAO	6 LIBERTY LANE WEST, HAMPTON NH 03842
Anne L. Alonzo	director	601 WEST FIRST AVENUE, SUITE 1600, SPOKANE WA 99201
Neveen F Awad	director	6 LIBERTY LANE WEST, HAMPTON NH 03842
Justin Eisfeller	officer: VP, IT & CTO	6 LIBERTY LANE WEST, HAMPTON NH 03842
Todd R Black	officer: SR. VICE PRESIDENT	6 LIBERTY LANE WEST, HAMPTON NH 03842
Robert B Hevert	officer: Senior Vice President	6 LIBERTY LANE WEST, HAMPTON NH 03842
Meissner Thomas P Jr	officer: Sr. Vice President	6 LIBERTY LANE WEST, HAMPTON NH 03842
Daniel J Hurstak	officer: Controller	6 LIBERTY LANE WEST, HAMPTON NH 03842
Winfield S Brown	director	6 LIBERTY LANE WEST, HAMPTON NH 03842
Justine Vogel	director	6 LIBERTY LANE WEST, HAMPTON NH 03857
Suzanne Foster	director	6 LIBERTY LANE WEST, HAMPTON NH 03842
Christine L Vaughan	officer: SVP, Fin. & Regulatory Svcs	6 LIBERTY LANE WEST, HAMPTON NH 03842
Christopher J Leblanc	officer: Vice President	6 LIBERTY LANE WEST, HAMPTON NH 03842
Elfner Albert H Iii	director	6 LIBERTY LANE WEST, HAMPTON NH 03842
David P Brownell	director	6 LIBERTY LANE WEST, HAMPTON NH 03842