GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Centuri Holdings Inc (NYSE:CTRI) » Definitions » Change In Receivables

Centuri Holdings (Centuri Holdings) Change In Receivables : $0.0 Mil (TTM As of Mar. 2024)


View and export this data going back to 2024. Start your Free Trial

What is Centuri Holdings Change In Receivables?

Centuri Holdings's change in receivables for the quarter that ended in Mar. 2024 was $0.0 Mil. It means Centuri Holdings's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

Centuri Holdings's change in receivables for the fiscal year that ended in Dec. 2023 was $15.8 Mil. It means Centuri Holdings's Accounts Receivable declined by $15.8 Mil from Dec. 2022 to Dec. 2023 .

Centuri Holdings's Accounts Receivable for the quarter that ended in Mar. 2024 was $287.8 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. Centuri Holdings's Days Sales Outstanding for the three months ended in Mar. 2024 was 49.74.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Centuri Holdings's liquidation value for the three months ended in Mar. 2024 was $-1,682.8 Mil.

Centuri Holdings Change In Receivables Historical Data

The historical data trend for Centuri Holdings'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.

* Premium members only.

Centuri Holdings Change In Receivables Chart

Centuri Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Change In Receivables
-52.70 -28.67 -125.28 15.80

Centuri Holdings Quarterly Data
Dec20 Dec21 Dec22 Mar23 Dec23 Mar24
Change In Receivables Get a 7-Day Free Trial - - - - -

Centuri Holdings 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.0 Mil.

* 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.

Centuri Holdings  (NYSE:CTRI) 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.

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 liquidation value, Centuri Holdings's accounts receivable are only considered to be worth 75% of book value:

Centuri Holdings's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=18.405-1917.027+0.75 * 287.815+0.5 * 0
=-1,682.8

* 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.

Centuri Holdings Change In Receivables Related Terms

Thank you for viewing the detailed overview of Centuri Holdings's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Centuri Holdings (Centuri Holdings) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Centuri Holdings Inc (NYSE:CTRI) » Definitions » Change In Receivables
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

From GuruFocus

Centuri Announces Closing of Initial Public Offering

By Business Wire • 04-22-2024

Director Karen Haller Acquires 12,000 Shares of Centuri Holdings Inc (CTRI)

By GuruFocus Research • 04-22-2024

Director Julie Dill Acquires 5,000 Shares of Centuri Holdings Inc (CTRI)

By GuruFocus Research • 04-22-2024

Director Charles Patton Acquires 11,000 Shares of Centuri Holdings Inc (CTRI)

By GuruFocus Research • 04-22-2024