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Duke Energy (Duke Energy) Accounts Receivable : $3,899 Mil (As of Mar. 2024)


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What is Duke Energy Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Duke Energy's accounts receivables for the quarter that ended in Mar. 2024 was $3,899 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Duke Energy's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 46.38.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Duke Energy's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-162.64.


Duke Energy Accounts Receivable Historical Data

The historical data trend for Duke Energy'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.

Duke Energy Accounts Receivable Chart

Duke Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,060.00 3,153.00 3,522.00 4,415.00 4,131.00

Duke Energy Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3,670.00 3,828.00 4,075.00 4,131.00 3,899.00

Duke Energy Accounts Receivable Calculation

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


Duke Energy 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=3899/7671*91
=46.38

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

Duke Energy'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)
=(459+0.75 * 3899+0.5 * 4281-128032
-1962-1087)/772
=-162.64

* 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.


Duke Energy Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Duke Energy's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Duke Energy (Duke Energy) Business Description

Address
550 South Tryon Street, Charlotte, NC, USA, 28202-1803
Duke Energy is one of the largest U.S. utilities, with regulated utilities in the Carolinas, Indiana, Florida, Ohio, and Kentucky that deliver electricity to 8.2 million customers. Its natural gas utilities serve more than 1.6 million customers. Duke sold its commercial renewable energy portfolio in 2023.
Executives
Kodwo Ghartey-tagoe officer: EVP & Chief Legal Officer 550 S. TRYON STREET, CHARLOTTE NC 28202
E Marie Mckee director DUKE ENERGY CORPORATION, 550 SOUTH TRYON STREET - DEC45A, CHARLOTTE NC 28202
Louis E. Renjel officer: SVP, External Affairs & Comm 550 S. TRYON STREET, CHARLOTTE NC 28202
Gillespie Thomas Preston Jr. officer: EVP-Chf Gen Off-Entrp Op Excel 526 S. CHURCH ST., CHARLOTTE NC 28202
Steven K Young officer: Sr. VP & Controller DUKE ENERGY CORPORATION, 550 SOUTH TRYON STREET - DEC45A, CHARLOTTE NC 28202
Dhiaa M. Jamil officer: Grp Exec & Chief Nuclear Offic DUKE ENERGY CORPORATION, 550 SOUTH TRYON STREET - DEC45A, CHARLOTTE NC 28202
Ronald R Reising officer: SVP & Chief HR Officer 526 SOUTH CHURCH STREET, EC03T, CHARLOTTE NC 28202
Craver Theodore F Jr director DUKE ENERGY CORPORATION, 550 SOUTH TRYON STREET - DEC45A, CHARLOTTE NC 28202
Julia S Janson officer: Sr. VP & Corporate Secretary DUKE ENERGY CORPORATION, 550 SOUTH TRYON STREET - DEC45A, CHARLOTTE NC 28202
Robert Alexander Glenn officer: SVP & CEO DEF & Midwest 550 S. TRYON STREET, CHARLOTTE NC 28202
Derrick Burks director C/O EQUITY LIFESTYLE PROPERTIES INC, TWO NORTH RIVERSIDE PLAZA, SUITE 800, CHICAGO IL 60606
Idalene Fay Kesner director 101 OAKLEY STREET, EVANSVILLE IN 47710
Cynthia S. Lee officer: VP, Chf Acct Off & Controller 550 S. TRYON STREET, CHARLOTTE NC 28202
Caroline Dorsa director BIOGEN INC., 225 BINNEY ST., CAMBRIDGE MA 02142
Michael J. Pacilio director 550 S. TRYON STREET, CHARLOTTE NC 28202

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