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.
An increase relative to sales may signal slowing collections or credit risk, while a decrease suggests efficient cash conversion.
The total amount of credit extended to customers and channel partners for products sold or services rendered, minus an a...
Typically scales with revenue growth; however, companies with strong direct-to-consumer channels may have lower receivables relative to those relying on third-party distributors.
accounts_receivable_net| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $2.79B | $2.73B | $2.84B | $3.13B | $3.11B | $3.03B | $3.17B | $3.20B | $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% |