| Calculate Your WIP Aging - Click here for AR Aging |
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List your total work performed but not yet billed to clients. Unbilled services should be priced at billing values, including subs and other direct project expenses that will be billed.
$
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Divide by your annual total (gross) revenues.
$
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Multiply by 365.
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The result will be your days outstanding for WIP.
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| The overall median WIP aging from the 2008 PSMJ A/E Financial Performance Survey is 22.8 days. How does your firm compare? |
| To learn more about typical WIP aging statistics in the A/E industry and hundreds of other financial indicators, purchase the 2008 PSMJ A/E Financial Performance Survey. |