Current Assets

Accounts Receivable

Northrop Grumman Accounts Receivable increased by 31.3% to $1.81B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 0.1%, from $1.81B to $1.81B. Over 5 years (FY 2020 to FY 2025), Accounts Receivable shows relatively stable performance with a -1.7% CAGR.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryEfficiency
SignalContext dependent
VolatilityModerate
First reportedQ4 2014
Last reportedQ1 2026

How to read this metric

An increase relative to sales may signal slowing collections or credit risk, while a decrease suggests efficient cash conversion.

Detailed definition

The total amount of credit extended to customers and channel partners for products sold or services rendered, minus an a...

Peer comparison

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.

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$1.91B$1.59B$1.47B$1.71B$2.39B$1.94B$1.51B$2.06B$2.10B$1.76B$1.45B$1.83B$1.69B$1.61B$1.27B$1.81B$2.20B$1.98B$1.38B$1.81B
QoQ Change-16.8%-7.7%+16.8%+39.3%-18.9%-22.0%+36.4%+1.7%-15.8%-17.6%+26.0%-7.5%-5.0%-20.9%+41.9%+21.7%-9.7%-30.7%+31.3%
YoY Change+25.0%+21.8%+3.0%+20.3%-12.2%-8.9%-3.8%-11.1%-19.2%-8.8%-12.5%-1.5%+29.6%+23.2%+8.1%+0.1%
Range$1.27B$2.39B
CAGR-1.2%
Avg YoY Growth+3.3%
Median YoY Growth-0.7%

Frequently Asked Questions

What is Northrop Grumman's accounts receivable?
Northrop Grumman (NOC) reported accounts receivable of $1.81B in Q1 2026.
How has Northrop Grumman's accounts receivable changed year-over-year?
Northrop Grumman's accounts receivable increased by 0.1% year-over-year, from $1.81B to $1.81B.
What is the long-term trend for Northrop Grumman's accounts receivable?
Over 5 years (2020 to 2025), Northrop Grumman's accounts receivable has grown at a -1.7% compound annual growth rate (CAGR), from $1.50B to $1.38B.
What does accounts receivable mean?
The amount of money customers owe the company for products they have already received.