Current Assets
Accounts Receivable
Southern Company Accounts Receivable increased by 4.8% to $2.23B in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 0.3%, from $2.22B to $2.23B. Over 2 years (FY 2020 to FY 2022), Accounts Receivable shows an upward trend with a 10.2% CAGR.
Analysis
StatementBalance Sheet Statement
SectionCurrent Assets
CategoryEfficiency
SignalContext dependent
VolatilityModerate
First reportedQ3 2015
Last reportedQ4 2025
How to read this metric
An increase relative to sales may signal slowing collections or credit risk, while a decrease suggests efficient cash conversion.
Detailed definition
The total amount of credit extended to customers and channel partners for products sold or services rendered, minus an a...
Peer comparison
Typically scales with revenue growth; however, companies with strong direct-to-consumer channels may have lower receivables relative to those relying on third-party distributors.
Metric ID:
accounts_receivable_netHistorical Data
8 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q3 '23 | |
|---|---|---|---|---|---|---|---|---|
| Value | $1.68B | $1.83B | $1.81B | $2.01B | $2.28B | $2.22B | $2.13B | $2.23B |
| QoQ Change | — | +8.8% | -1.4% | +11.1% | +13.5% | -2.4% | -4.3% | +4.8% |
| YoY Change | — | — | — | — | +35.3% | +21.4% | +17.8% | +0.3% |
Range$1.68B – $2.28B
CAGR+17.4%
Avg YoY Growth+18.7%
Median YoY Growth+19.6%
Accounts Receivable at Other Companies
Frequently Asked Questions
- What is Southern Company's accounts receivable?
- Southern Company (SO) reported accounts receivable of $2.23B in Q3 2023.
- How has Southern Company's accounts receivable changed year-over-year?
- Southern Company's accounts receivable increased by 0.3% year-over-year, from $2.22B to $2.23B.
- What is the long-term trend for Southern Company's accounts receivable?
- Over 2 years (2020 to 2022), Southern Company's accounts receivable has grown at a 10.2% compound annual growth rate (CAGR), from $1.75B to $2.13B.
- What does accounts receivable mean?
- The amount of money customers owe the company for products they have already received.