Fortrea Holdings Inc. FTRE Accounts receivable and unbilled services, net
Accounts receivable and unbilled services, net at other companies
Other financials
Where this comes from
Reported directly by Fortrea Holdings Inc. in its filing.
Tagged under the XBRL concept ftre:AccountsReceivableAndContractWithCustomerAssetAfterAllowanceForCreditLossCurrent.
The official record: Fortrea Holdings Inc.’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Fortrea Holdings Inc.'s accounts receivable and unbilled services, net?
- Fortrea Holdings Inc. (FTRE) reported accounts receivable and unbilled services, net of $619.6M in Q1 2026.
- How has Fortrea Holdings Inc.'s accounts receivable and unbilled services, net changed year-over-year?
- Fortrea Holdings Inc.'s accounts receivable and unbilled services, net decreased by 15.0% year-over-year, from $729M to $619.6M.
- What is the long-term trend for Fortrea Holdings Inc.'s accounts receivable and unbilled services, net?
- Over 3 years (2022 to 2025), Fortrea Holdings Inc.'s accounts receivable and unbilled services, net has grown at a -16.8% compound annual growth rate (CAGR), from $1.02B to $589.7M.
- What does accounts receivable and unbilled services, net mean?
- This metric represents the total value of trade receivables and accrued revenue for services performed where the company has an unconditional right to consideration but has not yet issued an invoice. It reflects the company's ability to convert clinical trial service delivery into cash and serves as a key indicator of working capital efficiency. High balances relative to revenue may signal potential delays in client billing processes or credit risk within the biopharma customer base.