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CDW10-Q: Recurring revenue shift

Customer shift to multi-year software deals strains working capital, increasing DSO.

What happened

CDW reports that a customer trend towards multi-year software purchases is increasing unbilled receivables and Days Sales Outstanding (DSO).

Source

SEC EDGARAug 5, 2026

Quarterly report (Form 10-Q)

CDW 10-Q

Filing excerpt

Additionally, as customers continue to shift to multi-year software purchases, unbilled receivables and DSO are expected to continue to increase.

sec.gov/Archives/edgar/data/1402057/000140205726000065/cdw-20260630.htmRead the full source

Other signals in this filing (6)

Extracted by Autobound

From the Signal API record
Signal
10-Q: Recurring revenue shift

What this signalsFilings often name leadership changes, deals and spending plans.

Fiscal year end
06/30
Filed
Aug 5, 2026

More 10-Q signals at other companies

The full record

From the Signal API record

Details

CIK
1402057
Accession number
0001402057-26-000065
Timeframe
Current year
Filing year
2026
Fiscal year
0
Why it matters
Billing/subscription tools

Topics and mentions

Technologies

  • software

Extraction

Confidence
High
Relevance
90%
Sentiment
Negative
Detected
Aug 11, 2026
signal_type
sec-10q
signal_subtype
recurringRevenueShift

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The API returns more than this page shows

This page shows a preview. The full sec-10q record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/c443f59c-86d1-4d82-b0af-3d9bfa49e593 returns this record as JSON. POST /v1/companies/enrich returns every signal for cdw.com.

{
  "signal_id": "c443f59c-86d1-4d82-b0af-3d9bfa49e593",
  "signal_type": "sec-10q",
  "signal_subtype": "recurringRevenueShift",
  "detected_at": "2026-08-11T08:06:36.908+00:00",
  "company": {
    "name": "CDW",
    "domain": "cdw.com"
  },
  "data": {
    "detail": "CDW reports that a customer trend towards multi-year software purchases is increasing unbilled receivables and Days Sales Outstanding (DSO). This strategic revenue shift is creating a direct, negative impact on cash flow and working capital, presenting an opportunity for financial or operational efficiency solutions.",
    "metrics": {
      "timeframe": "current_year"
    },
    "summary": "Customer shift to multi-year software deals strains working capital, increasing DSO.",
    "excerpts": "Additionally, as customers continue to shift to multi-year software purchases, unbilled receivables and DSO are expected to continue to increase.",
    "relevance": 0.9,
    "sentiment": "negative",
    "confidence": "high",
    "source_url": "https://www.sec.gov/Archives/edgar/data/1402057/000140205726000065/cdw-20260630.htm",
    "filing_date": "2026-08-05",
    "filing_year": 2026,
    "fiscal_year": 0,
    "fiscal_year_end": "06/30",
    "sales_relevance": "Billing/subscription tools",
    "signal_category": "revenue",
    "technologies_mentioned": [
      "software"
    ]
  }
}

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