Current Assets

Prepaid & Other Current

McKesson Prepaid & Other Current decreased by 28.5% to $1.04B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 1.9%, from $1.06B to $1.04B. Over 5 years (FY 2021 to FY 2026), Prepaid & Other Current shows an upward trend with a 9.4% CAGR.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryLiquidity
SignalContext dependent
VolatilityStable
First reportedQ4 2015
Last reportedQ4 2026May 8, 2026

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_assets

Historical Data

20 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26Q4 '26
Value$706.00M$861.00M$831.00M$898.00M$590.00M$722.00M$675.00M$513.00M$533.00M$568.00M$572.00M$626.00M$636.00M$751.00M$942.00M$1.06B$1.16B$1.46B$1.46B$1.04B
QoQ Change+22.0%-3.5%+8.1%-34.3%+22.4%-6.5%-24.0%+3.9%+6.6%+0.7%+9.4%+1.6%+18.1%+25.4%+12.8%+9.1%+26.1%-0.3%-28.5%
YoY Change-16.4%-16.1%-18.8%-42.9%-9.7%-21.3%-15.3%+22.0%+19.3%+32.2%+64.7%+69.8%+82.4%+94.8%+54.8%-1.9%
Range$513.00M$1.46B
CAGR+8.6%
Avg YoY Growth+18.6%
Median YoY Growth+8.7%
Current Streak2 quarters decline

Frequently Asked Questions

What is McKesson's prepaid & other current?
McKesson (MCK) reported prepaid & other current of $1.04B in Q1 2026.
How has McKesson's prepaid & other current changed year-over-year?
McKesson's prepaid & other current decreased by 1.9% year-over-year, from $1.06B to $1.04B.
What is the long-term trend for McKesson's prepaid & other current?
Over 5 years (2021 to 2026), McKesson's prepaid & other current has grown at a 9.4% compound annual growth rate (CAGR), from $665.00M to $1.04B.
What does prepaid & other current mean?
Assets representing payments made for future services or miscellaneous short-term holdings.