FFilingSight

Walmart Inc. (WMT) 10-K Red Flags

Risk signals extracted deterministically from Walmart Inc.’s SEC 10-K/10-Q XBRL filings — no LLM, every finding cites the underlying data.

Detected red flags (18)

  • Receivables outpacing revenue: Accounts receivable grew +18.9% YoY vs revenue growth of +6.0%. The +12.9% spread suggests extended credit terms, channel stuffing risk, or collection deterioration. Investigate the allowance for doubtful accounts and DSO trend.
  • Material weakness in internal controls: The term "material weakness" appears in 22 recent filing(s) (vs 2 in the prior period). This risk language is ongoing.
  • NEW: Restatement of financial statements in latest filing: The term "restate" "financial statements" appears in recent 10-K/10-Q filings but was NOT present in the prior 24-month period. This is a new risk disclosure that warrants attention. Found in 17 filing(s).
  • Operating cash flow exceeds net income: OCF is 2.30x net income, indicating high earnings quality — cash conversion is strong and accruals are not inflating reported profits.
  • NEW: Impairment charge: Impairment charge appears in recent filings but not in the prior 24-month period. Monitor for materiality.
  • NEW: Off-balance sheet arrangements: Off-balance sheet arrangements appears in recent filings but not in the prior 24-month period. Monitor for materiality.
  • Endogenous analysis: Revenue grew +6.0% but receivables grew +18.9% — the receivables-to-revenue gap suggests growth may be partially driven by extended credit terms rather than genuine demand. If DSO continues to rise, a revenue reversal or bad-debt charge could follow.
  • 20 disclosure(s) dropped from prior year — reduced reporting granularity.
  • 3 new risk-language term(s) detected in filing text: Restatement of financial statements, Impairment charge, Off-balance sheet arrangements.
  • Ongoing high-severity risk language: Material weakness in internal controls.
  • Market cap $890.03B at $111.84 per share.
  • Trailing P/E 58.55, P/S 1.37, P/B 9.44.
  • Price $111.84 — downtrend (below 200-DMA); 1-month momentum negative.
  • RSI(14) 29.06 (oversold).
  • Composite risk: Elevated.
  • Leverage debt/equity 0.40 (moderate).
  • Receivables outpacing revenue: Accounts receivable grew +18.9% YoY vs revenue growth of +6.0%. The +12.9% spread suggests extended credit terms, channel stuffing risk, or collection deterioration. Investigate the allowance for doubtful accounts and DSO trend.
  • Material weakness in internal controls: The term "material weakness" appears in 22 recent filing(s) (vs 2 in the prior period). This risk language is ongoing.

Filings & ownership

  • Latest annual report (10-K) filed Mar 13, 2026.
  • Latest quarterly report (10-Q) filed May 29, 2026.
  • 5 recent 8-K material-event filings in the index.
  • Recent insider Form 4s: 0 buy vs 0 sell transactions.
  • ~10,000+ recent 13F-HR filings reference Walmart Inc.; broad institutional reporting.
  • Recent filers include Wiser Advisor Group LLC, Silver Grove Financial Group, Inc., Trivant Custom Portfolio Group, LLC.
  • 4 recent 13D activist/beneficial-ownership filings — potential catalyst.
  • 16 recent 13G passive institutional ownership notices.

Full WMT analyst report

Valuation (DCF & Graham), technicals, macro exposure, risk scorecard and 13F/13D ownership.

View full report →

Not investment advice. FilingSight is an automated analytical research tool, not a registered investment advisor. Ratings and scores are quantitative analytical classifications, not buy or sell recommendations. Nothing here is personalized to your circumstances. Investing involves risk of loss — consult a licensed professional. See full disclosures.