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Current Assets

Accounts Receivable

Western Midstream Partners Accounts Receivable increased by 6.4% to $822.75M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 22.2%, from $673.2M to $822.75M. Over 5 years (FY 2020 to FY 2025), Accounts Receivable shows an upward trend with a 11.3% 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 reportedQ1 2013
Last reportedQ1 2026May 6, 2026

How to read this metric

A decrease generally signals efficient collection cycles, whereas a significant increase may signal credit risk or slower customer payments.

Detailed definition

This represents the balance of payments owed to the company by customers for services rendered, such as gathering, proce...

Peer comparison

Midstream companies often have predictable receivables cycles tied to monthly invoicing of producers and shippers.

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$519.12M$583.65M$436.51M$601.65M$716.34M$650.92M$554.26M$558.3M$554.22M$614.84M$666.64M$720.35M$684.32M$671.64M$701.84M$673.2M$704.63M$682.67M$773.2M$822.75M
QoQ Change+12.4%-25.2%+37.8%+19.1%-9.1%-14.8%+0.7%-0.7%+10.9%+8.4%+8.1%-5.0%-1.9%+4.5%-4.1%+4.7%-3.1%+13.3%+6.4%
YoY Change+38.0%+11.5%+27.0%-7.2%-22.6%-5.5%+20.3%+29.0%+23.5%+9.2%+5.3%-6.5%+3.0%+1.6%+10.2%+22.2%
Range$436.51M$822.75M
CAGR+10.2%
Avg YoY Growth+9.9%
Median YoY Growth+9.7%
Current Streak2 quarters growth

Frequently Asked Questions

What is Western Midstream Partners's accounts receivable?
Western Midstream Partners (WES) reported accounts receivable of $822.75M in Q1 2026.
How has Western Midstream Partners's accounts receivable changed year-over-year?
Western Midstream Partners's accounts receivable increased by 22.2% year-over-year, from $673.2M to $822.75M.
What is the long-term trend for Western Midstream Partners's accounts receivable?
Over 5 years (2020 to 2025), Western Midstream Partners's accounts receivable has grown at a 11.3% compound annual growth rate (CAGR), from $452.88M to $773.2M.
What does accounts receivable mean?
The amount of money customers owe the company for services provided, minus any expected uncollectible amounts.