Black Hills (BKH) Change in Receivables (2009 - 2026)
Black Hills (BKH) posted quarterly Change in Receivables of -$20.5 million for Q1 2026, down 148.12% year-over-year from $42.6 million in Q1 2025, and down 115.1% quarter-over-quarter from $135.8 million in Q4 2025.
Black Hills (BKH) Change in Receivables (2009 - 2026) Analysis & Trends
Black Hills (BKH) has reported Change in Receivables for 18 consecutive years, with -$20.5 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Change in Receivables fell 148.12% year-over-year to -$20.5 million; the TTM figure through Mar 2026 stood at -$18.1 million (down 131.75% YoY), while the FY2025 annual figure was $45.0 million, up 75.1% from the prior year.
- Change in Receivables declined to -$20.5 million in Q1 2026 per BKH's latest filing, from $135.8 million in the prior quarter.
- Across five years, Change in Receivables topped out at $248.8 million in Q4 2022 and bottomed at -$238.1 million in Q2 2023.
- Historically, Change in Receivables has averaged $1.8 million across 5 years, with a median of -$6.8 million in 2024.
- Annual changes were most pronounced in 2022 — Change in Receivables surged 514.2% — and 2023, when it slumped 316.71%.
- Black Hills' Change in Receivables stood at $248.8 million in 2022, then sank by 60.49% to $98.3 million in 2023, then soared by 52.19% to $149.6 million in 2024, then declined by 9.22% to $135.8 million in 2025, then slumped by 115.1% to -$20.5 million in 2026.
- Business Quant data shows BKH's Change in Receivables at -$20.5 million in Q1 2026, $135.8 million in Q4 2025, and -$6.0 million in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Atmos Energy | 29.05 Bn | 28.52 Bn | - | - |
| 2 | Nisource | 20.20 Bn | 20.13 Bn | 867.50 Mn | - |
| 3 | Ugi | 8.24 Bn | 7.77 Bn | 573.00 Mn | -436.00 Mn |
| 4 | New Jersey Resources | 5.60 Bn | 5.56 Bn | 243.61 Mn | -151.59 Mn |
| 5 | Black Hills | 5.60 Bn | 5.52 Bn | - | -107.70 Mn |
| 6 | ONE Gas | 5.16 Bn | 5.13 Bn | 272.01 Mn | -152.17 Mn |
| 7 | Mdu Resources | 4.33 Bn | 4.28 Bn | - | -70.79 Mn |
| 8 | Chesapeake Utilities | 3.31 Bn | 3.29 Bn | 150.20 Mn | -40.20 Mn |
| 9 | Centuri Holdings | 2.24 Bn | 2.19 Bn | 69.14 Mn | - |
| 10 | Brookfield Infrastructure | 2.22 Bn | 1.45 Bn | 572.00 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -107.70 Mn |
| Jun 30, 2026 | -107.70 Mn |
| Mar 31, 2026 | -20.50 Mn |
| Mar 31, 2026 | -20.50 Mn |
| Dec 31, 2025 | 135.80 Mn |
| Dec 31, 2025 | 135.80 Mn |
| Sep 30, 2025 | -6.00 Mn |
| Sep 30, 2025 | -6.00 Mn |
| Jun 30, 2025 | -127.40 Mn |
| Jun 30, 2025 | -127.40 Mn |
| Mar 31, 2025 | 42.60 Mn |
| Mar 31, 2025 | 42.60 Mn |
| Dec 31, 2024 | 149.60 Mn |
| Dec 31, 2024 | 149.60 Mn |
| Sep 30, 2024 | -6.80 Mn |
| Sep 30, 2024 | -6.80 Mn |
| Jun 30, 2024 | -128.40 Mn |
| Jun 30, 2024 | -128.40 Mn |
| Mar 31, 2024 | 11.30 Mn |
| Mar 31, 2024 | 11.30 Mn |