Woodward Accounts Receivables | WWD

Accounts receivable — is the amount of money owed to a company by other organizations, individuals, or the government. It arises when a company has already delivered goods, performed work, or provided services, but has not yet received payment for them.

Examples of accounts receivable

Customers have not paid invoices for delivered products
An advance has been paid to a supplier, but goods have not yet been received
Employees have not reported on accountable amounts
The government must refund tax overpayments
Outstanding loans issued

Importance of accounts receivable in company analysis

Asset quality
Accounts receivable are part of current assets. But they are not cash — they are promises. Investors assess how realistic these promises are to be collected. The higher the share of overdue or doubtful receivables, the greater the risk of asset impairment.
Impact on cash flow
Even if a company shows a profit, the money can be "tied up" in receivables. This means profit does not turn into actual cash, and the company may face liquidity shortages.
Assessment of management efficiency
The following accounts receivable turnover ratios are commonly used:
Receivables turnover = Revenue / Average accounts receivable
(the higher — the better)

Days Sales Outstanding (DSO) = 365 / Turnover
(the fewer days — the faster customers pay)

If the DSO is constantly increasing — this is a red flag — customers are delaying payments, and money gets stuck in settlements.

Annual Accounts Receivables Woodward

2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
477 M	457 M	485 M	369 M	322 M	358 M	416 M	568 M	402 M	344 M	322 M	347 M	381 M	354 M	298 M	249 M	210 M	-	-

All numbers in USD currency

Indicator range from annual reports

Maximum	Minimum	Average
568 M	210 M	374 M

Quarterly Accounts Receivables Woodward

2026-Q3	2026-Q2	2026-Q1	2025-Q4	2025-Q3	2025-Q2	2025-Q1	2024-Q4	2024-Q3	2024-Q2	2024-Q1	2023-Q4	2023-Q3	2023-Q2	2023-Q1	2022-Q4	2022-Q3	2022-Q2	2022-Q1	2021-Q4	2021-Q3	2021-Q2	2021-Q1	2020-Q4	2020-Q3	2020-Q2	2020-Q1	2019-Q4	2019-Q3	2019-Q2	2019-Q1	2018-Q4	2018-Q3	2018-Q2	2018-Q1	2017-Q4	2017-Q3	2017-Q2	2017-Q1	2016-Q4	2016-Q3	2016-Q2	2016-Q1	2015-Q4	2015-Q3	2015-Q2	2015-Q1	2014-Q4	2014-Q3	2014-Q2	2014-Q1	2013-Q4	2013-Q3	2013-Q2	2013-Q1	2012-Q4	2012-Q3	2012-Q2	2012-Q1	2011-Q4	2011-Q3	2011-Q2	2011-Q1	2010-Q3
618 M	536 M	414 M	414 M	475 M	475 M	496 M	367 M	442 M	442 M	530 M	484 M	447 M	447 M	409 M	343 M	369 M	-	322 M	265 M	322 M	362 M	322 M	313 M	365 M	365 M	365 M	367 M	416 M	416 M	416 M	369 M	423 M	423 M	423 M	331 M	402 M	402 M	402 M	253 M	344 M	344 M	344 M	246 M	322 M	322 M	322 M	300 M	347 M	347 M	347 M	307 M	381 M	346 M	344 M	300 M	354 M	354 M	354 M	252 M	298 M	298 M	298 M	195 M

All numbers in USD currency

Indicator range from quarterly reporting

Maximum	Minimum	Average
618 M	195 M	372 M

Accounts Receivables of other stocks in the Aerospace industry

Issuer	Accounts Receivables	Price	% 24h	Market Cap	Country
Aerojet Rocketdyne Holdings AJRD	127 M	-	1.42 %	$ 4.62 B	USA
EHang Holdings Limited EH	112 M	$ 4.69	2.85 %	$ 688 K	China
Intevac IVAC	11.2 M	-	-	$ 107 K	USA
Kaman Corporation KAMN	96.9 M	-	-	$ 1.3 B	USA
RADA Electronic Industries Ltd. RADA	32.7 M	-	-0.4 %	$ 491 M	Israel
Coda Octopus Group CODA	3.73 M	$ 10.17	1.5 %	$ 114 M	USA
AeroVironment AVAV	316 M	$ 144.65	1.25 %	$ 7.1 B	USA
Frontline Ltd. FRO	41 M	$ 46.12	1.54 %	$ 10.3 B	Bermuda
HEICO Corporation HEI	638 M	$ 325.48	0.09 %	$ 45.3 B	USA
Hexcel Corporation HXL	249 M	$ 91.98	0.11 %	$ 7.31 B	USA
Spirit AeroSystems Holdings SPR	395 M	-	-	$ 4.61 B	USA
Triumph Group TGI	155 M	-	0.62 %	$ 2.01 B	USA
National Presto Industries NPK	85 M	$ 147.72	2.4 %	$ 1.06 B	USA
Vectrus VEC	739 M	-	-0.94 %	$ 375 M	USA
Lockheed Martin Corporation LMT	3.9 B	$ 525.28	0.26 %	$ 122 B	USA
Northrop Grumman Corporation NOC	1.38 B	$ 514.98	0.84 %	$ 73.9 B	USA
Sturm, Ruger & Company RGR	64.5 M	$ 38.49	3.41 %	$ 625 M	USA
Smith & Wesson Brands SWBI	40 M	$ 12.89	5.05 %	$ 573 K	USA
Park Aerospace Corp. PKE	11 M	$ 31.28	1.62 %	$ 625 M	USA
TAT Technologies Ltd. TATT	33.4 M	$ 39.97	2.47 %	$ 483 M	Israel
Virgin Galactic Holdings SPCE	2 M	$ 3.04	2.7 %	$ 156 M	USA
VSE Corporation VSEC	191 M	$ 203.91	0.66 %	$ 4.31 B	USA
BWX Technologies BWXT	220 M	$ 157.59	0.02 %	$ 14.4 B	USA
AgEagle Aerial Systems UAVS	3.45 M	$ 1.06	2.78 %	$ 26.6 M	USA
Kratos Defense & Security Solutions KTOS	165 M	$ 47.82	0.67 %	$ 7.78 B	USA
L3Harris Technologies LHX	1.37 B	$ 256.45	0.48 %	$ 48.1 B	USA
TransDigm Group Incorporated TDG	1.62 B	$ 1 162.05	0.36 %	$ 67.6 B	USA
AAR Corp. AIR	355 M	$ 126.54	0.7 %	$ 4.5 B	USA
Air Industries Group AIRI	7.07 M	$ 2.61	2.68 %	$ 12.5 M	USA
Ducommun Incorporated DCO	124 M	$ 168.32	1.08 %	$ 2.52 B	USA
Astrotech Corporation ASTC	485 K	$ 7.37	2.65 %	$ 12.3 M	USA
SpaceX SPCX	1.58 B	$ 147.95	0.09 %	$ 433 B	USA
Astronics Corporation ATRO	205 M	$ 76.26	2.32 %	$ 2.7 B	USA
General Dynamics Corporation GD	2.41 B	$ 359.39	0.49 %	$ 96.7 B	USA
B.O.S. Better Online Solutions Ltd. BOSC	15.6 M	$ 4.64	0.22 %	$ 28.6 M	Israel
Elbit Systems Ltd. ESLT	3.33 B	$ 703.28	0.29 %	$ 32.1 B	Israel
Innovative Solutions and Support ISSC	13 M	$ 24.78	7.74 %	$ 435 M	USA
Mercury Systems MRCY	69.2 M	$ 82.42	2.59 %	$ 4.9 B	USA
The Boeing Company BA	2.92 B	$ 212.25	0.81 %	$ 161 B	USA
AMMO POWW	10.4 M	$ 2.17	1.4 %	$ 254 M	USA