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CW (Curtiss-Wright) Accounts Receivable : $480 Mil (As of Dec. 2024)


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What is Curtiss-Wright Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Curtiss-Wright's accounts receivables for the quarter that ended in Dec. 2024 was $480 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Curtiss-Wright's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 53.12.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Curtiss-Wright's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was $-40.38.


Curtiss-Wright Accounts Receivable Historical Data

The historical data trend for Curtiss-Wright'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.

* Premium members only.

Curtiss-Wright Accounts Receivable Chart

Curtiss-Wright Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 361.46 362.01 412.68 427.83 479.84

Curtiss-Wright Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 427.83 446.75 474.99 510.18 479.84

Curtiss-Wright Accounts Receivable Calculation

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


Curtiss-Wright 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.

Curtiss-Wright's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=479.837/824.313*91
=53.12

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

Curtiss-Wright's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2024 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)
=(385.042+0.75 * 479.837+0.5 * 541.442-2535.905
-0-0)/37.651
=-40.38

* 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.


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.


Curtiss-Wright Accounts Receivable Related Terms

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Curtiss-Wright Business Description

Traded in Other Exchanges
Address
130 Harbour Place Drive, Suite 300, Davidson, NC, USA, 28036
Curtiss-Wright Corporation delivers engineered products and services to commercial, defence, power generation, and other industrial markets. It offers industrial vehicle components, control systems, weapons handling systems, pumps, valves, and other solutions. The company has three reportable segments based on the markets serviced: Naval & Power, which provides coolant pumps, power-dense compact motors, generators, secondary propulsion systems, pumps, pump seals, valves, control rod drive mechanisms, and fastening systems that also generate maximum revenue for the company; Its others segments are Aerospace & Industrial and Defense Electronics. Geographically, the company generates its key revenue from the United States of America, followed by the United Kingdom and other countries.
Executives
Gary A Ogilby officer: VP & Corporate Controller C/O CURTISS-WRIGHT CORPORATION, 130 HARBOUR PLACE DRIVE, DAVIDSON NC 28036
K Christopher Farkas officer: Corporate Controller C/O CURTISS-WRIGHT CORPORATION, 10 WATERVIEW BOULEVARD, PARSIPPANY NJ 07054
Paul J Ferdenzi officer: Vice President - HR 10 WATERVIEW BOULEVARD, PARSIPPANY NJ 07054
John C Watts officer: Vice President Bus Dev & Strat C/O CURTISS-WRIGHT CORPORATION, 130 HARBOUR PLACE DRIVE, DAVIDSON NC 28036
Lynn J Bamford director, officer: President and CEO 130 HARBOUR PLACE DRIVE, DAVIDSON NC 28036
Robert J Freda officer: Vice President and Treasurer C/O CURTISS-WRIGHT CORPORATION, 130 HARBOUR PLACE DRIVE, DAVIDSON NC 28036
Kevin Rayment officer: Vice President and COO C/O CURTISS-WRIGHT CORPORATION, 130 HARBOUR PLACE DRIVE, DAVIDSON NC 28036
Glenda J Minor director 17000 ROTUNDA DRIVE, DEARBORN MI 48120
S Marce Fuller director MIRANT CORPORATION, 1155 PERIMETER CENTER WEST, ATLANTA GA 30338
David Charles Adams officer: Vice President C/O CURTISS-WRIGHT CORPORATION, 4 BECKER FARM ROAD, ROSELAND NJ 07068
Larry D Wyche director C/O CURTISS-WRIGHT CORPORATION, 130 HARBOUR PLACE DRIVE, DAVIDSON NC 28036
William F Moran director C/O CURTISS-WRIGHT CORPORATION, 130 HARBOUR PLACE DRIVE, DAVIDSON NC 28036
Anthony J Moraco director 1710 SAIC DRIVE, MCLEAN VA 22102
Tom P Quinly officer: Vice President C/O CURTISS-WRIGHT CORPORATION, 10 WATERVIEW BOULEVARD, PARSIPPANY NJ 07054
Harry Jakubowitz officer: Treasurer C/O CURTISS-WRIGHT CORPORATION, 4 BECKER FARM ROAD, ROSELAND NJ 07068