Barnes Group Prepaid & Other Current increased by 90.2% to -$1.12M in Q2 2024 compared to the prior quarter. Year-over-year, this metric grew by 37.0%, from -$1.77M to -$1.12M.
Significant increases may indicate higher upfront costs or changes in procurement strategies.
This reflects the change in payments made in advance for goods or services to be received in future periods. Changes in...
Standard working capital component; generally stable across most industrial peers.
operating_increase_decrease_in_prepaid_expenses_and_othe_f31bd2| Q3 '21 | Q1 '22 | Q3 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q1 '24 | Q2 '24 | |
|---|---|---|---|---|---|---|---|---|
| Value | -$3.73M | -$5.81M | -$8.15M | -$3.41M | -$1.77M | $10.55M | -$11.42M | -$1.12M |
| QoQ Change | — | -55.7% | -40.2% | +58.1% | +48.1% | +695.7% | -208.2% | +90.2% |
| YoY Change | — | — | -118.2% | +41.3% | — | +229.5% | -234.6% | +37.0% |