Company / Accounts Receivable
Middlesex Water Company Accounts Receivable History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Accounts Receivable
$19.2M
FY2025
5-year range
$15.3M / $19.2M
FY2021-FY2025
Trend
+2.0%
vs FY2024
Sector context
#52 of 55
Utilities
What the data says
Among 55 Utilities companies, Middlesex Water Company is in the bottom 5% for accounts receivable. Accounts Receivable has increased for 9 consecutive years, from $10M in FY2016 to $19M in FY2025.
Based on SEC 10-K filings.
$19M in FY2025 with a 5-year CAGR of +5.7%.
Improved from $18M to $19M over the past 2 years.
Utilities sector context is included.
Accounts Receivable over time
Growth rates
- 3-Year CAGR
- +6.3%
- 5-Year CAGR
- +5.7%
- 10-Year CAGR
- -
Sector benchmark
Bottom 5% in UtilitiesTop 95% of 55This company $19.2M Sector average $1.1B
▼
-98.2% below sector average
Key checks
Key Insights
- Middlesex Water Company's accounts receivable has grown for 9 consecutive years.
- 5-year CAGR of +5.7%, indicating consistent growth.
- In FY2025, accounts receivable increased 2.0% year-over-year.
- Ranks #52 out of 55 companies in the Utilities sector.
Company context
Key Data Points
- Altman Z-Score 0.61 (distress zone, below 1.8 threshold)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Accounts ReceivableValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $19.2M | +2.0% |
| FY2024 | $18.8M | +3.7% |
| FY2023 | $18.2M | +13.4% |
| FY2022 | $16.0M | +4.6% |
| FY2021 | $15.3M | +5.1% |
| FY2020 | $14.6M | +22.3% |
| FY2019 | $11.9M | +1.2% |
| FY2018 | $11.8M | +9.1% |
| FY2017 | $10.8M | +6.5% |
| FY2016 | $10.1M | +0.7% |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026