Current Assets

Accounts Receivable

Northrop Grumman Accounts Receivable increased by 31.3% to $1.81B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 0.1%, from $1.81B to $1.81B. Over 5 years (FY 2020 to FY 2025), Accounts Receivable shows relatively stable performance with a -1.7% CAGR.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryEfficiency
SignalContext dependent
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026Apr 21, 2026

How to read this metric

Rapid growth relative to sales may indicate collection issues or aggressive revenue recognition; stability suggests efficient cash conversion.

Detailed definition

This represents the total amount owed to the company by customers for goods or services delivered, minus the allowance f...

Peer comparison

Standard metric for all companies with B2B or credit-based sales models.

Metric ID: accounts_receivable_net

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$1.91B$1.59B$1.47B$1.71B$2.39B$1.94B$1.51B$2.06B$2.10B$1.76B$1.45B$1.83B$1.69B$1.61B$1.27B$1.81B$2.20B$1.98B$1.38B$1.81B
QoQ Change-16.8%-7.7%+16.8%+39.3%-18.9%-22.0%+36.4%+1.7%-15.8%-17.6%+26.0%-7.5%-5.0%-20.9%+41.9%+21.7%-9.7%-30.7%+31.3%
YoY Change+25.0%+21.8%+3.0%+20.3%-12.2%-8.9%-3.8%-11.1%-19.2%-8.8%-12.5%-1.5%+29.6%+23.2%+8.1%+0.1%
Range$1.27B$2.39B
CAGR-1.2%
Avg YoY Growth+3.3%
Median YoY Growth-0.7%

Frequently Asked Questions

What is Northrop Grumman's accounts receivable?
Northrop Grumman (NOC) reported accounts receivable of $1.81B in Q1 2026.
How has Northrop Grumman's accounts receivable changed year-over-year?
Northrop Grumman's accounts receivable increased by 0.1% year-over-year, from $1.81B to $1.81B.
What is the long-term trend for Northrop Grumman's accounts receivable?
Over 5 years (2020 to 2025), Northrop Grumman's accounts receivable has grown at a -1.7% compound annual growth rate (CAGR), from $1.50B to $1.38B.
What does accounts receivable mean?
The net amount of money owed by customers after accounting for potential non-payments.