Other

Contract with Customer, Asset, Reclassified to Receivable

Williams Companies Contract with Customer, Asset, Reclassified to Receivable decreased by 83.3% to $5.00M in Q3 2025 compared to the prior quarter. Year-over-year, this metric declined by 78.3%, from $23.00M to $5.00M. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementIncome Statement
SectionOther
CategoryLiquidity
SignalHigher is better
VolatilityStable
First reportedQ3 2018
Last reportedQ3 2025Nov 3, 2025

How to read this metric

A steady conversion rate indicates healthy project progression and effective billing cycles.

Detailed definition

Represents the portion of contract assets that have transitioned into unconditional rights to payment, typically upon th...

Peer comparison

Standard for companies using percentage-of-completion accounting for long-term contracts.

Metric ID: other_contract_with_customer_asset_reclassified_to_receivable

Historical Data

16 periods
 Q2 '21Q3 '21Q1 '22Q2 '22Q3 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25
Value$25.00M$39.00M$41.00M$37.00M$41.00M$30.00M$31.00M$28.00M$87.00M$27.00M$23.00M$23.00M$71.00M$23.00M$30.00M$5.00M
QoQ Change+56.0%+5.1%-9.8%+10.8%-26.8%+3.3%-9.7%+210.7%-69.0%-14.8%+0.0%+208.7%-67.6%+30.4%-83.3%
YoY Change+48.0%+5.1%-26.8%-16.2%-31.7%-10.0%-25.8%-17.9%-18.4%-14.8%+30.4%-78.3%
Range$5.00M$87.00M
CAGR-34.9%
Avg YoY Growth-13.0%
Median YoY Growth-17.0%

Frequently Asked Questions

What is Williams Companies's contract with customer, asset, reclassified to receivable?
Williams Companies (WMB) reported contract with customer, asset, reclassified to receivable of $5.00M in Q3 2025.
How has Williams Companies's contract with customer, asset, reclassified to receivable changed year-over-year?
Williams Companies's contract with customer, asset, reclassified to receivable decreased by 78.3% year-over-year, from $23.00M to $5.00M.
What does contract with customer, asset, reclassified to receivable mean?
Contract assets converted into billable accounts receivable.