Non-Current Assets

Contract Assets, Non-Current

Workday, Inc. Contract Assets, Non-Current increased by 20.0% to $54.00M in Q3 2025 compared to the prior quarter. Year-over-year, this metric grew by 45.9%, from $37.00M to $54.00M.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryGrowth
SignalContext dependent
VolatilityStable
First reportedQ3 2024
Last reportedQ4 2025

How to read this metric

An increase indicates strong long-term contract performance but may signal potential future cash flow delays, while a decrease suggests faster billing cycles.

Detailed definition

This represents the company's right to consideration for goods or services transferred to a customer that are not yet bi...

Peer comparison

Standard for SaaS companies with multi-year enterprise agreements and complex revenue recognition schedules.

Metric ID: contract_assets_noncurrent

Historical Data

8 periods
 Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25
Value$21.00M$31.00M$24.00M$37.00M$44.00M$57.00M$45.00M$54.00M
QoQ Change+47.6%-22.6%+54.2%+18.9%+29.5%-21.1%+20.0%
YoY Change+109.5%+83.9%+87.5%+45.9%
Range$21.00M$57.00M
CAGR+71.5%
Avg YoY Growth+81.7%
Median YoY Growth+85.7%

Contract Assets, Non-Current at Other Companies

Frequently Asked Questions

What is Workday, Inc.'s contract assets, non-current?
Workday, Inc. (WDAY) reported contract assets, non-current of $54.00M in Q3 2025.
How has Workday, Inc.'s contract assets, non-current changed year-over-year?
Workday, Inc.'s contract assets, non-current increased by 45.9% year-over-year, from $37.00M to $54.00M.
What does contract assets, non-current mean?
Unbilled revenue for services already provided that will be collected more than one year in the future.