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Bad Debt Reserves Related to Securitization, Sale of Accounts Receivable

American Electric Power Bad Debt Reserves Related to Securitization, Sale of Accounts Receivable increased by 6.3% to $42.20M in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 7.1%, from $39.40M to $42.20M. Over 2 years (FY 2020 to FY 2022), Bad Debt Reserves Related to Securitization, Sale of Accounts Receivable shows a downward trend with a -18.7% CAGR.

Analysis

StatementBalance Sheet Statement
SectionOther
First reportedQ4 2015
Last reportedQ3 2023
Metric ID: other_bad_debt_reserves_related_to_securitized_sale_of_a_0e0c94

Historical Data

8 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q3 '23
Value$38.10M$39.80M$42.80M$41.80M$41.20M$39.40M$39.70M$42.20M
QoQ Change+4.5%+7.5%-2.3%-1.4%-4.4%+0.8%+6.3%
YoY Change+8.1%-1.0%-7.2%+7.1%
Range$38.10M$42.80M
CAGR+6.0%
Avg YoY Growth+1.7%
Median YoY Growth+3.1%
Current Streak2 quarters growth

Frequently Asked Questions

What is American Electric Power's bad debt reserves related to securitization, sale of accounts receivable?
American Electric Power (AEP) reported bad debt reserves related to securitization, sale of accounts receivable of $42.20M in Q3 2023.
How has American Electric Power's bad debt reserves related to securitization, sale of accounts receivable changed year-over-year?
American Electric Power's bad debt reserves related to securitization, sale of accounts receivable increased by 7.1% year-over-year, from $39.40M to $42.20M.
What is the long-term trend for American Electric Power's bad debt reserves related to securitization, sale of accounts receivable?
Over 2 years (2020 to 2022), American Electric Power's bad debt reserves related to securitization, sale of accounts receivable has grown at a -18.7% compound annual growth rate (CAGR), from $60.00M to $39.70M.