Current Assets
Prepaid & Other Current
Barnes Group Prepaid & Other Current increased by 1.0% to $105.76M in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 12.2%, from $94.25M to $105.76M. Over 3 years (FY 2020 to FY 2023), Prepaid & Other Current shows an upward trend with a 9.9% CAGR.
Analysis
StatementBalance Sheet Statement
SectionCurrent Assets
CategoryLiquidity
SignalContext dependent
VolatilityStable
First reportedQ4 2014
Last reportedQ3 2024Oct 29, 2024
How to read this metric
Significant fluctuations may indicate changes in corporate procurement cycles or shifts in accounting for short-term financial instruments.
Detailed definition
Payments made in advance for services or goods to be received within the next year, alongside other miscellaneous short-...
Peer comparison
Generally a small percentage of current assets; large spikes may warrant investigation into non-recurring items.
Metric ID:
prepaid_and_other_current_assetsHistorical Data
14 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $77.80M | $79.59M | $75.44M | $83.80M | $75.74M | $81.47M | $80.16M | $84.89M | $85.40M | $94.25M | $97.75M | $103.70M | $104.69M | $105.76M |
| QoQ Change | — | +2.3% | -5.2% | +11.1% | -9.6% | +7.6% | -1.6% | +5.9% | +0.6% | +10.4% | +3.7% | +6.1% | +1.0% | +1.0% |
| YoY Change | — | — | — | — | -2.6% | +2.4% | +6.3% | +1.3% | +12.7% | +15.7% | +21.9% | +22.2% | +22.6% | +12.2% |
Range$75.44M – $105.76M
CAGR+9.9%
Avg YoY Growth+11.5%
Median YoY Growth+12.5%
Current Streak7 quarters growth
Prepaid & Other Current at Other Companies
Frequently Asked Questions
- What is Barnes Group's prepaid & other current?
- Barnes Group (B) reported prepaid & other current of $105.76M in Q3 2024.
- How has Barnes Group's prepaid & other current changed year-over-year?
- Barnes Group's prepaid & other current increased by 12.2% year-over-year, from $94.25M to $105.76M.
- What is the long-term trend for Barnes Group's prepaid & other current?
- Over 3 years (2020 to 2023), Barnes Group's prepaid & other current has grown at a 9.9% compound annual growth rate (CAGR), from $73.73M to $97.75M.
- What does prepaid & other current mean?
- Assets representing payments made for future services or miscellaneous short-term holdings.