American Electric Power Customer Deposits, Current decreased by 7.1% to $379.60M in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 1.1%, from $375.50M to $379.60M. Over 2 years (FY 2020 to FY 2022), Customer Deposits, Current shows an upward trend with a 10.4% CAGR.
Changes generally reflect shifts in the customer base size or changes in credit policies regarding service deposits.
Funds held by the utility that were collected from customers as security deposits for service. These deposits are typica...
Standard for regulated utilities; reflects customer base size and regulatory requirements.
current_liabilities_customer_deposits_current| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q3 '23 | |
|---|---|---|---|---|---|---|---|---|
| Value | $350.10M | $400.20M | $321.60M | $356.20M | $483.10M | $375.50M | $408.80M | $379.60M |
| QoQ Change | — | +14.3% | -19.6% | +10.8% | +35.6% | -22.3% | +8.9% | -7.1% |
| YoY Change | — | — | — | — | +38.0% | -6.2% | +27.1% | +1.1% |