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. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
A rising balance relative to sales may signal collection inefficiencies or extended payment terms, while a falling balance suggests efficient cash conversion.
Detailed definition
This represents the balance of payments due from customers for goods and services delivered, adjusted for estimated cred...
Peer comparison
Defense contractors often have high receivables due to the nature of government billing cycles and milestone-based payments.
accounts_receivable_netHistorical Data
| 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 | $1.91B | $1.59B | $1.47B | $1.71B | $2.39B | $1.94B | $1.51B | $2.06B | $2.1B | $1.76B | $1.45B | $1.83B | $1.69B | $1.61B | $1.27B | $1.81B | $2.2B | $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% |
Accounts Receivable at Other Companies
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 $1.5B to $1.38B.
- What does accounts receivable mean?
- The net amount owed to the company by customers for products or services already delivered.