Contract with Customer, Asset, after Allowance for Credit Loss
Cadence Design Systems Contract with Customer, Asset, after Allowance for Credit Loss decreased by 41.6% to $39.60M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 44.0%, from $70.78M to $39.60M. Over 5 years (FY 2020 to FY 2025), Contract with Customer, Asset, after Allowance for Credit Loss shows an upward trend with a 47.5% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase indicates growing service delivery ahead of billing, while a decrease may signal faster collection cycles or reduced service volume.
Detailed definition
This represents the net value of assets arising from contracts with customers after accounting for expected credit losse...
Peer comparison
Common in service-oriented financial institutions where revenue recognition precedes cash billing cycles.
other_contract_with_customer_asset_netHistorical Data
| 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 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $6.06M | $7.83M | $6.81M | $19.07M | $23.27M | $38.44M | $22.77M | $17.17M | $17.59M | $14.35M | $17.55M | $49.90M | $25.40M | $51.29M | $29.34M | $70.78M | $83.60M | $91.12M | $67.76M | $39.60M |
| QoQ Change | — | +29.3% | -13.1% | +179.9% | +22.1% | +65.2% | -40.8% | -24.6% | +2.5% | -18.4% | +22.3% | +184.2% | -49.1% | +101.9% | -42.8% | +141.2% | +18.1% | +9.0% | -25.6% | -41.6% |
| YoY Change | — | — | — | — | +284.2% | +390.7% | +234.3% | -10.0% | -24.4% | -62.7% | -22.9% | +190.6% | +44.4% | +257.3% | +67.1% | +41.8% | +229.1% | +77.7% | +131.0% | -44.0% |
Contract with Customer, Asset, after Allowance for Credit Loss at Other Companies
Frequently Asked Questions
- What is Cadence Design Systems's contract with customer, asset, after allowance for credit loss?
- Cadence Design Systems (CDNS) reported contract with customer, asset, after allowance for credit loss of $39.60M in Q1 2026.
- How has Cadence Design Systems's contract with customer, asset, after allowance for credit loss changed year-over-year?
- Cadence Design Systems's contract with customer, asset, after allowance for credit loss decreased by 44.0% year-over-year, from $70.78M to $39.60M.
- What is the long-term trend for Cadence Design Systems's contract with customer, asset, after allowance for credit loss?
- Over 5 years (2020 to 2025), Cadence Design Systems's contract with customer, asset, after allowance for credit loss has grown at a 47.5% compound annual growth rate (CAGR), from $9.71M to $67.76M.
- What does contract with customer, asset, after allowance for credit loss mean?
- The net value of rights to payment from customers for services already performed, adjusted for potential non-payment.