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Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Western Midstream Partners LP's accounts receivables for the quarter that ended in Jun. 2026 was $939 Mil.
Accounts receivable can be measured by Days Sales Outstanding.
Western Midstream Partners LP's Days Sales Outstanding for the quarter that ended in Jun. 2026 was 69.93.
In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Western Midstream Partners LP's Net-Net Working Capital per share for the quarter that ended in Jun. 2026 was $-26.63.
Western Midstream Partners LP 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.
Western Midstream Partners LP's Days Sales Outstanding for the quarter that ended in Jun. 2026 is calculated as:
2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Western Midstream Partners LP's accounts receivable are only considered to be worth 75% of book value:
Western Midstream Partners LP's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2026 is calculated as:
* 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.
Western Midstream Partners LP Accounts Receivable Related Terms
Western Midstream Partners LP Accounts Receivable Historical Data
* 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.
Western Midstream Partners LP Accounts Receivable Chart
Western Midstream Partners LP (WES) has a Accounts Receivable of $939 Mil as of Jun. 2026. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Western Midstream Partners LP and its competitors.
Is Western Midstream Partners LP's Accounts Receivable too high?
Western Midstream Partners LP's current Accounts Receivable is $939 Mil. Overall, Western Midstream Partners LP has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Western Midstream Partners LP's Accounts Receivable compare to PAA and DTM?
Western Midstream Partners LP's Accounts Receivable of $939 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Receivable for an Oil & Gas company?
A good Accounts Receivable depends on the Oil & Gas industry context. However, Accounts Receivable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Receivable mean?
A high Accounts Receivable can signal that a stock is expensive relative to its fundamentals. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Western Midstream Partners LP and its competitors. Western Midstream Partners LP's current Accounts Receivable is $939 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Western Midstream Partners LP stock overvalued right now?
Based on GuruFocus' analysis, Western Midstream Partners LP (WES) is currently considered Fairly Valued. The stock's GF Value™ is $46.16, compared to a current price of $49.01 — trading 6.2% above its estimated fair value. The current Accounts Receivable is $939 Mil. Western Midstream Partners LP's overall GF Score™ is 86/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Receivable calculated?
Accounts Receivable is calculated from a company's financial statements. For Western Midstream Partners LP (WES), the current Accounts Receivable is $939 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Western Midstream Partners LP (WES) Overvalued in 2026?
Based on GuruFocus' analysis, Western Midstream Partners LP stock appears to be overvalued.
The current stock price of $49.01 is trading 6.2% above its estimated GF Value™ of $46.16.
GuruFocus considers Western Midstream Partners LP to be Fairly Valued.
Key valuation signals for WES:
Accounts Receivable: $939 Mil
GF Value™: $46.16 vs. price of $49.01 (6.2% above fair value)
No single metric tells the full story. See the WES stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Western Midstream Partners LP is a USA-based company which own, operate, acquire and develop midstream energy assets. The company through its subsidiary is engaged in the business of gathering, processing, compressing, treating and transporting natural gas, condensate, NGLs and crude oil. It owns or has investments in assets located in the Rocky Mountains (Colorado, Utah, and Wyoming), the Mid-Continent (Kansas and Oklahoma) and Texas.
86GF Score
Get the complete analysis for WES
Accounts Receivable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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