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Centuri Holdings (Centuri Holdings) Accounts Receivable : $287.8 Mil (As of Mar. 2024)


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What is Centuri Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Centuri Holdings's accounts receivables for the quarter that ended in Mar. 2024 was $287.8 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Centuri Holdings's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 49.74.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Centuri Holdings's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-19.47.

Centuri Holdings Accounts Receivable Historical Data

The historical data trend for Centuri Holdings'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.

* Premium members only.

Centuri Holdings Accounts Receivable Chart

Centuri Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Accounts Receivable
- 296.01 394.02 347.45

Centuri Holdings Quarterly Data
Dec20 Dec21 Dec22 Mar23 Dec23 Mar24
Accounts Receivable Get a 7-Day Free Trial 296.01 394.02 - 347.45 287.82

Centuri Holdings Accounts Receivable Calculation

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

Centuri Holdings 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.

Centuri Holdings's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=287.815/528.023*91
=49.74

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

Centuri Holdings's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 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)
=(18.405+0.75 * 287.815+0.5 * 0-1917.027
-0-4.511)/86.6575
=-19.47

* 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.

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.

Centuri Holdings Accounts Receivable Related Terms

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Centuri Holdings (Centuri Holdings) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Centuri Holdings Inc (NYSE:CTRI) » Definitions » Accounts Receivable
Comparable Companies
Traded in Other Exchanges
N/A
Address
19820 North 7th Avenue, Suite 120, Phoenix, AZ, USA, 85027
Website
https://www.centuri.com
Centuri Holdings Inc is a pure-play North American utility infrastructure services company that partners with regulated utilities to maintain, upgrade and expand the energy network that powers millions of homes and businesses. Its service offerings primarily consist of the modernization of utility infrastructure through the maintenance, retrofitting and installation of electric and natural gas distribution networks to meet current and future demands while also preparing systems for the transition to clean energy sources. They operate under two primary lines of business which includes Gas Utility Services and Electric Utility Services it is also their two reportable segments as well.

Centuri Holdings (Centuri Holdings) Headlines

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