Discontinued — last reported Q4 '23
Business Segments · Recoveries of amounts previously written off
Gas Distribution Operations — Recoveries of amounts previously written off
NiSource Gas Distribution Operations — Recoveries of amounts previously written off increased by 276.2% to $7.90M in Q4 2023 compared to the prior quarter. Year-over-year, this metric declined by 26.9%, from $10.80M to $7.90M. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementSegment
CategoryEfficiency
SignalHigher is better
VolatilityModerate
First reportedQ1 2020
Last reportedQ4 2023Feb 21, 2024
Rolls up toProvision for Credit Losses
How to read this metric
Higher recoveries indicate successful collection efforts or improved financial status of previously delinquent customers.
Detailed definition
This metric tracks the cash collected from customer accounts that were previously written off as uncollectible. It repre...
Peer comparison
Standard recovery metric for utilities; reflects the efficacy of the collections department.
Metric ID:
ni_segment_gas_distribution_operations_recoveries_of_amounts_previously_written_offHistorical Data
10 periods
| Q2 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Value | $13.90M | $8.60M | $5.20M | $2.10M | $3.20M | $10.80M | $8.50M | $1.90M | $2.10M | $7.90M |
| QoQ Change | — | -38.1% | -39.5% | -59.6% | +52.4% | +237.5% | -21.3% | -77.6% | +10.5% | +276.2% |
| YoY Change | — | — | — | -84.9% | — | +25.6% | +63.5% | -9.5% | -34.4% | -26.9% |
Range$1.90M – $13.90M
CAGR-22.2%
Avg YoY Growth-11.1%
Median YoY Growth-18.2%
Current Streak2 quarters growth
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Frequently Asked Questions
- What is NiSource's gas distribution operations — recoveries of amounts previously written off?
- NiSource (NI) reported gas distribution operations — recoveries of amounts previously written off of $7.90M in Q4 2023.
- How has NiSource's gas distribution operations — recoveries of amounts previously written off changed year-over-year?
- NiSource's gas distribution operations — recoveries of amounts previously written off decreased by 26.9% year-over-year, from $10.80M to $7.90M.
- What does gas distribution operations — recoveries of amounts previously written off mean?
- Cash collected from customer debts that were previously considered lost.