Willis Towers Watson (FRA:WTY) Change In Receivables: €-182 Mil (TTM As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:WTY Willis Towers Watson PLC FRA:WTY
77 GF Score
Price €252.10
GF Value €275.82
Valuation Fairly Valued
! 1 Warning Sign
View Full Analysis

What is Willis Towers Watson Change In Receivables?

Willis Towers Watson FRA:WTY +1.16% 77 Change In Receivables is €-182 Mil as of Mar. 2026. GuruFocus rates FRA:WTY with a GF Score™ of 77/100 and a GF Value™ of €275.82 (Fairly Valued). The stock has 1 warning sign investors should review.

Willis Towers Watson's change in receivables for the quarter that ended in Mar. 2026 was €65 Mil. It means Willis Towers Watson's Accounts Receivable declined by €65 Mil from Dec. 2025 to Mar. 2026 .

Willis Towers Watson's change in receivables for the fiscal year that ended in Dec. 2025 was €-109 Mil. It means Willis Towers Watson's Accounts Receivable increased by €109 Mil from Dec. 2024 to Dec. 2025 .

Willis Towers Watson's Accounts Receivable for the quarter that ended in Mar. 2026 was €1,588 Mil.

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 Receivable are being managed. Willis Towers Watson's Days Sales Outstanding for the three months ended in Mar. 2026 was 69.46.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Willis Towers Watson's liquidation value for the three months ended in Mar. 2026 was €-15,869 Mil.


Willis Towers Watson  (FRA:WTY) Change In Receivables 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 Receivable are being managed.

Willis Towers Watson's Days Sales Outstanding for the quarter that ended in Mar. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1588.14/2086.38*91
=69.46

2. In Ben Graham's calculation of liquidation value, Willis Towers Watson's accounts receivable are only considered to be worth 75% of book value:

Willis Towers Watson's liquidation value for the quarter that ended in Mar. 2026 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=1604.575-18664.97+0.75 * 1588.14+0.5 * 0
=-15,869

* 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.


Willis Towers Watson Change In Receivables Related Terms


Willis Towers Watson Change In Receivables Historical Data

* Premium members only.

The historical data trend for Willis Towers Watson's Change In Receivables 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.

Willis Towers Watson Change In Receivables Chart

Willis Towers Watson Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -118.59 -177.47 -188.90 -222.52 -109.31

Willis Towers Watson Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Change In Receivables 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 149.85 54.62 133.76 -435.54 64.88
FRA:WTY
77GF Score
Willis Towers Watson PLC FRA:WTY
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Willis Towers Watson Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €-182 Mil.

* 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.

Frequently Asked Questions Learn more about Change In Receivables →
What does a Change In Receivables of €-182 Mil mean?
Willis Towers Watson (FRA:WTY) has a Change In Receivables of €-182 Mil as of Mar. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Willis Towers Watson and its competitors.
Is Willis Towers Watson's Change In Receivables too high?
Willis Towers Watson's current Change In Receivables is €-182 Mil. Overall, Willis Towers Watson has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Willis Towers Watson's Change In Receivables compare to BRO and ERIE?
Willis Towers Watson's Change In Receivables of €-182 Mil can be compared against companies in the Insurance industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Receivables for an Insurance company?
A good Change In Receivables depends on the Insurance industry context. However, Change In Receivables 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 Change In Receivables mean?
A high Change In Receivables can signal that a stock is expensive relative to its fundamentals. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Willis Towers Watson and its competitors. Willis Towers Watson's current Change In Receivables is €-182 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Willis Towers Watson stock overvalued right now?
Based on GuruFocus' analysis, Willis Towers Watson (FRA:WTY) is currently considered Fairly Valued. The stock's GF Value™ is €275.82, compared to a current price of €252.10 — trading 8.6% below its estimated fair value. The current Change In Receivables is €-182 Mil. Willis Towers Watson's overall GF Score™ is 77/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Receivables calculated?
Change In Receivables is calculated from a company's financial statements. For Willis Towers Watson (FRA:WTY), the current Change In Receivables is €-182 Mil as of Mar. 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 Willis Towers Watson (FRA:WTY) Overvalued in 2026?

Based on GuruFocus' analysis, Willis Towers Watson stock appears to be undervalued. The current stock price of €252.10 is trading 8.6% below its estimated GF Value™ of €275.82. GuruFocus considers Willis Towers Watson to be Fairly Valued.

Key valuation signals for FRA:WTY:

  • Change In Receivables: €-182 Mil
  • GF Value™: €275.82 vs. price of €252.10 (8.6% below fair value)
  • GF Score™: 77/100 with 1 warning sign

No single metric tells the full story. See the FRA:WTY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Willis Towers Watson Business Description

Address c/o Willis Group Limited, 51 Lime Street, London, GBR, EC3M 7DQ
Willis Towers Watson PLC is an advisory, broking, and solutions company that provides data-driven, insight-led solutions in the areas of people, risk, and capital. The company's segments include Health, Wealth & Career (HWC) and Risk & Broking (R&B). The HWC segment provides an array of advice, broking, solutions and technology for employee benefit plans, institutional investors, compensation and career programs, and employee experience overall. It focuses on four key areas: Health, Wealth, Career and Benefits Delivery & Outsourcing. The R&B segment provides risk advice, insurance brokerage and consulting services to clients ranging from small businesses to multinational corporations. Its R&B segment includes two businesses: Corporate Risk & Broking and Insurance Consulting and Technology.
77GF Score

Get the complete analysis for FRA:WTY

Change In Receivables is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€252.10
Price
€275.82
GF Value