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Current Assets

Accounts Receivable

Illinois Tool Works Accounts Receivable increased by 4.7% to $3.38B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 7.2%, from $3.15B to $3.38B. Over 5 years (FY 2020 to FY 2025), Accounts Receivable shows an upward trend with a 5.2% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ4 2014
Last reportedQ1 2026May 7, 2026

How to read this metric

A rising balance relative to sales may indicate collection issues or relaxed credit terms, while a falling balance suggests efficient collections.

Detailed definition

This represents the total amount owed to the company by customers for goods or services delivered on credit, adjusted fo...

Peer comparison

Comparable to other global manufacturers, where DSO (Days Sales Outstanding) is a standard benchmark for operational efficiency.

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$2.79B$2.73B$2.84B$3.13B$3.11B$3.03B$3.17B$3.2B$3.22B$3.16B$3.12B$3.24B$3.25B$3.23B$2.99B$3.15B$3.32B$3.26B$3.23B$3.38B
QoQ Change-2.0%+4.1%+10.1%-0.5%-2.5%+4.6%+0.9%+0.5%-1.6%-1.3%+3.7%+0.4%-0.7%-7.3%+5.4%+5.3%-2.0%-0.9%+4.7%
YoY Change+11.6%+11.1%+11.7%+2.4%+3.4%+4.4%-1.5%+1.2%+1.1%+2.0%-4.2%-2.6%+2.2%+0.9%+7.9%+7.2%
Range$2.73B$3.38B
CAGR+4.2%
Avg YoY Growth+3.7%
Median YoY Growth+2.3%

Frequently Asked Questions

What is Illinois Tool Works's accounts receivable?
Illinois Tool Works (ITW) reported accounts receivable of $3.38B in Q1 2026.
How has Illinois Tool Works's accounts receivable changed year-over-year?
Illinois Tool Works's accounts receivable increased by 7.2% year-over-year, from $3.15B to $3.38B.
What is the long-term trend for Illinois Tool Works's accounts receivable?
Over 5 years (2020 to 2025), Illinois Tool Works's accounts receivable has grown at a 5.2% compound annual growth rate (CAGR), from $2.51B to $3.23B.
What does accounts receivable mean?
The net amount of money owed to the company by customers for products already delivered.