WS (Worthington Steel) Change In Receivables: $-16 Mil (TTM As of May. 2026)

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WS Worthington Steel Inc WS
54 GF Score
Price $32.80
GF Value $33.96
Valuation Fairly Valued
! 10 Warning Signs
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What is Worthington Steel Change In Receivables?

Worthington Steel WS -0.76% 54 Change In Receivables is $-16 Mil as of May. 2026. GuruFocus rates WS with a GF Score™ of 54/100 and a GF Value™ of $33.96 (Fairly Valued). The stock has 10 warning signs investors should review.

Worthington Steel's change in receivables for the quarter that ended in May. 2026 was $-41 Mil. It means Worthington Steel's Accounts Receivable increased by $41 Mil from Feb. 2026 to May. 2026 .

Worthington Steel's change in receivables for the fiscal year that ended in May. 2026 was $-16 Mil. It means Worthington Steel's Accounts Receivable increased by $16 Mil from May. 2025 to May. 2026 .

Worthington Steel's Accounts Receivable for the quarter that ended in May. 2026 was $496 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. Worthington Steel's Days Sales Outstanding for the three months ended in May. 2026 was 48.73.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Worthington Steel's liquidation value for the three months ended in May. 2026 was $-326 Mil.

Worthington Steel  (NYSE:WS) 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.

Worthington Steel's Days Sales Outstanding for the quarter that ended in May. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=496.2/929.2*91
=48.73

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

Worthington Steel's liquidation value for the quarter that ended in May. 2026 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=84.6-990.2+0.75 * 496.2+0.5 * 415.7
=-326

* 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.

Worthington Steel Change In Receivables Related Terms

Worthington Steel Change In Receivables Historical Data

* Premium members only.

The historical data trend for Worthington Steel'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.

Worthington Steel Change In Receivables Chart

Worthington Steel Annual Data
Trend May21 May22 May23 May24 May25 May26
Change In Receivables
Get a 7-Day Free Trial -109.70 113.00 -1.40 34.10 -16.30

Worthington Steel Quarterly Data
May21 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 -23.90 -15.90 50.70 -10.20 -40.90
WS
54GF Score
Worthington Steel Inc WS
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Worthington Steel 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 May. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-16 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 $-16 Mil mean?
Worthington Steel (WS) has a Change In Receivables of $-16 Mil as of May. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Worthington Steel and its competitors.
Is Worthington Steel's Change In Receivables too high?
Worthington Steel's current Change In Receivables is $-16 Mil. Overall, Worthington Steel has a GF Score™ of 54/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Worthington Steel's Change In Receivables compare to NWPX and MTUS?
Worthington Steel's Change In Receivables of $-16 Mil can be compared against companies in the Steel 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 a Steel company?
A good Change In Receivables depends on the Steel 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 Worthington Steel and its competitors. Worthington Steel's current Change In Receivables is $-16 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Worthington Steel stock overvalued right now?
Based on GuruFocus' analysis, Worthington Steel (WS) is currently considered Fairly Valued. The stock's GF Value™ is $33.96, compared to a current price of $32.80 — trading 3.4% below its estimated fair value. The current Change In Receivables is $-16 Mil. Worthington Steel's overall GF Score™ is 54/100 with 10 warning signs 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 Worthington Steel (WS), the current Change In Receivables is $-16 Mil as of May. 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 Worthington Steel (WS) Overvalued in 2026?

Based on GuruFocus' analysis, Worthington Steel stock appears to be undervalued. The current stock price of $32.80 is trading 3.4% below its estimated GF Value™ of $33.96. GuruFocus considers Worthington Steel to be Fairly Valued.

Key valuation signals for WS:

  • Change In Receivables: $-16 Mil
  • GF Value™: $33.96 vs. price of $32.80 (3.4% below fair value)
  • GF Score™: 54/100 with 10 warning signs

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

Worthington Steel Business Description

Other Exchanges Z2J:Germany
Address 100 Old Wilson Bridge Road, Columbus, OH, USA, 43085
Worthington Steel Inc is a processor of carbon flat-rolled steel, a producer of laser-welded solutions, and a provider of electrical steel laminations. The company has manufacturing facilities across the United States, Canada, China, India, Germany and Mexico. It buys coils of steel from primary steel producers and processes them to precise type, thickness, length, width, shape, and surface quality required by customer specifications. The company's product lines and processing capabilities include; carbon flat-rolled steel processing, electrical steel laminations, and tailor welded products. Geographically, the company generates a majority of its revenue from the United States followed by Canada, Mexico, and other regions.
54GF Score

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

$32.80
Price
$33.96
GF Value