Accounts Receivable, Allowance for Credit Loss, Recovery
WEC Energy Group Accounts Receivable, Allowance for Credit Loss, Recovery increased by 5.8% to $22.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 24.7%, from $29.20M to $22.00M. Over 4 years (FY 2021 to FY 2025), Accounts Receivable, Allowance for Credit Loss, Recovery shows an upward trend with a 24.2% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
An increase indicates successful recovery efforts and potentially more conservative past write-off practices.
Detailed definition
This metric tracks the amount of previously written-off accounts receivable that the company has successfully collected....
Peer comparison
Reported by most companies with significant accounts receivable; varies based on collection strategy.
other_allowance_for_doubtful_accounts_receivable_recoveriesHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $9.20M | $10.60M | $12.30M | $15.60M | $14.20M | $13.50M | $14.70M | $11.40M | $17.70M | $14.10M | $14.30M | $19.20M | $17.90M | $17.70M | $17.20M | $29.20M | $24.40M | $33.50M | $20.80M | $22.00M |
| QoQ Change | — | +15.2% | +16.0% | +26.8% | -9.0% | -4.9% | +8.9% | -22.4% | +55.3% | -20.3% | +1.4% | +34.3% | -6.8% | -1.1% | -2.8% | +69.8% | -16.4% | +37.3% | -37.9% | +5.8% |
| YoY Change | — | — | — | — | +54.3% | +27.4% | +19.5% | -26.9% | +24.6% | +4.4% | -2.7% | +68.4% | +1.1% | +25.5% | +20.3% | +52.1% | +36.3% | +89.3% | +20.9% | -24.7% |
Product Breakdown
| Segment | Q3 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Utility operations | $14.10M | $19.20M | $17.90M | $17.70M | $29.20M | $24.40M | $33.50M | $22.00M |
| Total | $14.10M | $19.20M | $17.90M | $17.70M | $29.20M | $24.40M | $33.50M | $22.00M |
Accounts Receivable, Allowance for Credit Loss, Recovery at Other Companies
Frequently Asked Questions
- What is WEC Energy Group's accounts receivable, allowance for credit loss, recovery?
- WEC Energy Group (WEC) reported accounts receivable, allowance for credit loss, recovery of $22.00M in Q1 2026.
- How has WEC Energy Group's accounts receivable, allowance for credit loss, recovery changed year-over-year?
- WEC Energy Group's accounts receivable, allowance for credit loss, recovery decreased by 24.7% year-over-year, from $29.20M to $22.00M.
- What is the long-term trend for WEC Energy Group's accounts receivable, allowance for credit loss, recovery?
- Over 4 years (2021 to 2025), WEC Energy Group's accounts receivable, allowance for credit loss, recovery has grown at a 24.2% compound annual growth rate (CAGR), from $45.40M to $107.90M.
- What does accounts receivable, allowance for credit loss, recovery mean?
- Cash collected from customer accounts that were previously written off as uncollectible.