Discontinued — last reported Q3 '23
Business Segments · Accounts Receivable, Allowance for Credit Loss
Electric Operations — Accounts Receivable, Allowance for Credit Loss
NiSource Electric Operations — Accounts Receivable, Allowance for Credit Loss remained flat by 0.0% to $6.60M in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 13.8%, from $5.80M to $6.60M. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementSegment
CategoryRisk
SignalLower is better
VolatilityModerate
First reportedQ4 2019
Last reportedQ3 2023
Rolls up toNet loans
How to read this metric
An increase suggests deteriorating customer credit quality or economic stress, while a decrease indicates improved collection efficiency.
Detailed definition
The estimated portion of customer accounts receivable that the electric utility segment expects will not be collected. T...
Peer comparison
Standard allowance for doubtful accounts; comparable to other regulated utilities with similar customer demographics.
Metric ID:
ni_segment_electric_operations_accounts_receivable_allowance_for_credit_lossHistorical Data
9 periods
| Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | |
|---|---|---|---|---|---|---|---|---|---|
| Value | $3.30M | $3.80M | $5.50M | $5.60M | $5.80M | $5.90M | $6.60M | $6.60M | $6.60M |
| QoQ Change | — | +15.2% | +44.7% | +1.8% | +3.6% | +1.7% | +11.9% | +0.0% | +0.0% |
| YoY Change | — | — | — | — | +75.8% | +55.3% | +20.0% | +17.9% | +13.8% |
Range$3.30M – $6.60M
CAGR+41.4%
Avg YoY Growth+36.5%
Median YoY Growth+20.0%
Current Streak8+ quarters growth
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Frequently Asked Questions
- What is NiSource's electric operations — accounts receivable, allowance for credit loss?
- NiSource (NI) reported electric operations — accounts receivable, allowance for credit loss of $6.60M in Q3 2023.
- How has NiSource's electric operations — accounts receivable, allowance for credit loss changed year-over-year?
- NiSource's electric operations — accounts receivable, allowance for credit loss increased by 13.8% year-over-year, from $5.80M to $6.60M.
- What does electric operations — accounts receivable, allowance for credit loss mean?
- The reserve set aside for unpaid customer bills that are unlikely to be collected.