GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Woodward Inc (NAS:WWD) » Definitions » Accounts Receivable

Woodward (Woodward) Accounts Receivable : $530 Mil (As of Mar. 2024)


View and export this data going back to 1996. Start your Free Trial

What is Woodward Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Woodward's accounts receivables for the quarter that ended in Mar. 2024 was $530 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Woodward's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 57.91.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Woodward's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-17.00.


Woodward Accounts Receivable Historical Data

The historical data trend for Woodward's Accounts Receivable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Woodward Accounts Receivable Chart

Woodward Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 381.94 356.20 322.12 368.77 485.23

Woodward Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 408.90 446.70 485.23 483.70 530.13

Woodward Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


Woodward Accounts Receivable Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's accounts receivables are being managed.

Woodward's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=530.127/835.343*91
=57.91

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Woodward's accounts receivable are only considered to be worth 75% of book value:

Woodward's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(316.932+0.75 * 530.127+0.5 * 580.377-2036.846
-0-0)/60.722
=-17.00

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


Woodward Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Woodward's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Woodward (Woodward) Business Description

Traded in Other Exchanges
Address
1081 Woodward Way, Fort Collins, CO, USA, 80524
Woodward Inc is an independent designer, manufacturer, and service provider of control solutions for the aerospace and industrial markets. It designs, produces, and service reliable, efficient, low-emission, and high-performance energy control products for diverse applications in challenging environments. The company holds production and assembly facilities primarily in the United States, Europe, and Asia, and promotes products and services through worldwide locations.
Executives
Randall Hobbs officer: President, Industrial 1081 WOODWARD WAY, FORT COLLINS CO 80524
John D Cohn director C/O ROCKWELL AUTOMATION, INC., 1201 SOUTH SECOND STREET, MILWAUKEE WI 53204
Ronald M Sega director 10877 WILSHIRE BLVD, SUITE 710, LOS ANGELES CA 90024
Christopher Fawzy officer: VP, Gen Counsel & Corp Sec 201 MENTOR DRIVE, SANTA BARBARA CA 93111
Rajeev Bhalla director 1081 WOODWARD WAY, FORT COLLINS CO 80524
Mary D Petryszyn director 2980 FAIRVIEW PARK DRIVE, FALLS CHURCH VA 22042
Tana Leigh Utley director C/O SPX TECHNOLOGIES, INC., 6325 ARDREY KELL ROAD, SUITE 400, CHARLOTTE NC 28277
Gregg C Sengstack director FRANKLIN ELECTRIC CO INC, 9255 COVERDALE RD, FORT WAYNE IN 46809
William F. Lacey officer: CFO 1081 WOODWARD WAY, FORT COLLINS CO 80524
Charles P Blankenship director, officer: CEO and President 1081 WOODWARD WAY, FORT COLLINS CO 80524
Mark D Hartman officer: Chief Financial Officer 1081 WOODWARD WAY, FORT COLLINS CO 80524
Paul Donovan director PO BOX 7003, ROCKFORD IL 61125-7003
David P Hess director 390 PARK AVENUE, NEW YORK NY 10022
Mary L Petrovich director
Daniel G. Korte director C/O LMI AEROSPACE, INC., 411 FOUNTAIN LAKE BLVD., ST. CHARLES MO 63301