Southern Company Unbilled Revenues Current decreased by 45.9% to $547.00M in Q3 2023 compared to the prior quarter. Year-over-year, this metric declined by 7.8%, from $593.00M to $547.00M. Over 2 years (FY 2020 to FY 2022), Unbilled Revenues Current shows an upward trend with a 22.7% CAGR.
Significant fluctuations may indicate changes in billing cycles or seasonal demand patterns rather than underlying revenue growth.
This represents revenue earned for services provided to customers that has not yet been billed as of the balance sheet d...
Standard for utility and service-based companies with recurring billing cycles.
current_assets_unbilled_revenues_current| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q3 '23 | |
|---|---|---|---|---|---|---|---|---|
| Value | $643.00M | $535.00M | $711.00M | $638.00M | $807.00M | $593.00M | $1.01B | $547.00M |
| QoQ Change | — | -16.8% | +32.9% | -10.3% | +26.5% | -26.5% | +70.7% | -45.9% |
| YoY Change | — | — | — | — | +25.5% | +10.8% | +42.3% | -7.8% |