Williams (Williams) Accounts Receivable

: $1,292 Mil (As of Dec. 2023)

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Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Williams's accounts receivables for the quarter that ended in Dec. 2023 was $1,292 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Williams's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 42.35.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Williams's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-30.42.

Williams Accounts Receivable Historical Data

The historical data trend for Williams's Accounts Receivable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Williams Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

890.00

999.00

1,978.00

1,771.00

1,292.00

Williams Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Receivable																1,771.00	1,524.00	1,362.00	1,419.00	1,292.00

Williams Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.

Williams Accounts Receivable Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's accounts receivables are being managed.

Williams's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1292	/	2784	*	91
=	42.35

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Williams's accounts receivable are only considered to be worth 75% of book value:

Williams's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is calculated as:

	Net-Net Working Capital Per Share
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(2150	+	0.75 * 1292	+	0.5 * 274	-	37736
-	35	-	2489)	/	1216.5
=	-30.42

Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.

Williams Accounts Receivable Related Terms

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Williams (Williams) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Williams Companies Inc (NYSE:WMB) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

WMB:Mexico WMB:Germany WMB:Germany

Address

One Williams Center, PO Box 2400, Tulsa, OK, USA, 74172

Website

https://www.williams.com

Williams Companies is a midstream energy company that owns and operates the large Transco and Northwest pipeline systems and associated natural gas gathering, processing, and storage assets. In August 2018, the firm acquired the remaining 26% ownership of its limited partner, Williams Partners.

Executives

Scott A. Hallam	officer: SVP Atlantic - Gulf	2800 POST OAK BLVD., HOUSTON TX 77056
Murray D Smith	director	ONE WILLIAMS CENTER, TULSA OK 74172
William H Spence	director	UNIVERSITY OFFICE PLAZA, 252 CHAPMAN RD., PO BOX 6066, NEWARK DE 19714-0066
Stephen W Bergstrom	director
Terrance Lane Wilson	officer: SVP & General Counsel	ONE WILLIAMS CENTER, TULSA OK 74172
Debbie L. Cowan	officer: SVP & Chief HR Officer	ONE WILLIAMS CENTER, TULSA OK 74172
Larry C Larsen	officer: Senior Vice President	ONE WILLIAMS CENTER, TULSA OK 74172
Richard E Muncrief	director	333 W. SHERIDAN AVE, OKLAHOMA CITY OK 73102
Jesse J Tyson	director	ONE WILLIAMS CENTER, TULSA OK 74172
Alan S Armstrong	officer: Sr. Vice President - Midstream	ONE WILLIAMS CENTER, TULSA OK 74102
Carri A. Lockhart	director	6401 NORTH ELDRIDGE PKWY, HOUSTON TX 77041
Mary A. Hausman	officer: VP Chief Accounting Officer	ONE WILLIAMS CENTER, TULSA OK 74012
Walter J Bennett	officer: Senior Vice President	525 CENTRAL PARK DRIVE, OKLAHOMA CITY OK 73105
Stacey H Dore	director	1807 ROSS AVE, 4TH FLOOR, DALLAS TX 75201
Rose M Robeson	director	370 17TH STREET, SUITE 2775, DENVER CO 80202