Workday, Inc. Contract with Customer, Asset, after Allowance for Credit Loss increased by 12.1% to $566.00M in Q3 2025 compared to the prior quarter. Year-over-year, this metric grew by 25.5%, from $451.00M to $566.00M.
An increase suggests higher unbilled service activity or potential delays in collection, while a decrease indicates faster cash conversion or lower unbilled revenue.
This represents the net carrying amount of assets arising from contracts with customers, recognized when the entity has...
Comparable to unbilled receivables or contract assets at other financial services firms and asset managers.
other_contract_with_customer_asset_net| Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | |
|---|---|---|---|---|---|---|---|---|
| Value | $261.00M | $329.00M | $340.00M | $451.00M | $417.00M | $484.00M | $505.00M | $566.00M |
| QoQ Change | — | +26.1% | +3.3% | +32.6% | -7.5% | +16.1% | +4.3% | +12.1% |
| YoY Change | — | — | — | — | +59.8% | +47.1% | +48.5% | +25.5% |