American Water Works Company (AWK) Change in Receivables (2010 - 2023)
American Water Works Company (AWK) posted Change in Receivables of $1.0 million for Q1 2023, up 106.67% sequentially from -$15.0 million in Q4 2022, and down 83.33% YoY from $6.0 million in Q1 2022.
American Water Works Company (AWK) Change in Receivables (2010 - 2023) Analysis & Trends
American Water Works Company has reported Change in Receivables for 14 years, with the latest figure at $1.0 million in Q1 2023.
- Quarterly Change in Receivables fell 83.33% year-over-year to $1.0 million in Q1 2023, while the trailing twelve-month figure through Mar 2023 was $109.0 million (up 2.83% YoY) and the FY2023 annual result came in at $56.0 million, down 50.88% from the prior year.
- Change in Receivables improved to $1.0 million in Q1 2023 per AWK's latest filing, from -$15.0 million in the prior quarter.
- Over five years, Change in Receivables peaked at $153.0 million in Q2 2022 and troughed at -$30.0 million in Q3 2022.
- A 5-year average of $18.3 million and a median of $4.0 million in 2020 frame the typical range for Change in Receivables.
- The sharpest annual moves came in 2020 and 2021: Change in Receivables jumped 378.57% in 2020, then tumbled 750.0% in 2021.
- Over 5 years, Change in Receivables stood at -$29.0 million in 2019, then grew by 17.24% to -$24.0 million in 2020, then declined by 20.83% to -$29.0 million in 2021, then jumped by 48.28% to -$15.0 million in 2022, then jumped by 106.67% to $1.0 million in 2023.
- According to Business Quant data, Change in Receivables over the past three periods registered $1.0 million, -$15.0 million, and -$30.0 million for Q1 2023, Q4 2022, and Q3 2022 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | American Water Works Company | 26.54 Bn | 26.35 Bn | - | - |
| 2 | Essential Utilities | 11.32 Bn | 11.31 Bn | - | - |
| 3 | American States Water | 3.37 Bn | 3.35 Bn | 278.03 Mn | -7.77 Mn |
| 4 | California Water Service | 3.02 Bn | 2.93 Bn | 263.45 Mn | 34.55 Mn |
| 5 | H2O America | 2.59 Bn | 2.49 Bn | 197.11 Mn | 11.86 Mn |
| 6 | Middlesex Water | 1.09 Bn | 1.09 Bn | - | 2.27 Mn |
| 7 | York Water | 516.05 Mn | 515.50 Mn | - | 1.58 Mn |
| 8 | Consolidated Water | 515.04 Mn | 388.71 Mn | 10.92 Mn | 3.45 Mn |
| 9 | Artesian Resources | 361.28 Mn | 357.03 Mn | 26.56 Mn | 3.23 Mn |
| 10 | Pure Cycle | 274.54 Mn | 266.10 Mn | 4.29 Mn | 49,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2023 | 1.00 Mn |
| Mar 31, 2023 | 1.00 Mn |
| Dec 31, 2022 | -15.00 Mn |
| Dec 31, 2022 | -15.00 Mn |
| Sep 30, 2022 | -30.00 Mn |
| Sep 30, 2022 | -30.00 Mn |
| Jun 30, 2022 | 153.00 Mn |
| Jun 30, 2022 | 153.00 Mn |
| Mar 31, 2022 | 6.00 Mn |
| Mar 31, 2022 | 6.00 Mn |
| Dec 31, 2021 | -29.00 Mn |
| Dec 31, 2021 | -29.00 Mn |
| Sep 30, 2021 | 45.00 Mn |
| Sep 30, 2021 | 45.00 Mn |
| Jun 30, 2021 | 84.00 Mn |
| Jun 30, 2021 | 84.00 Mn |
| Mar 31, 2021 | -26.00 Mn |
| Mar 31, 2021 | -26.00 Mn |
| Dec 31, 2020 | -24.00 Mn |
| Dec 31, 2020 | -24.00 Mn |