ResMed Contract Assets decreased by 23.3% to $47.11M in Q1 2026 compared to the prior quarter.
A growing balance may indicate strong project progress, but excessive growth relative to revenue could signal potential billing or collection bottlenecks.
Contract assets represent the company's right to consideration for work completed under a contract that has not yet been...
Standard for firms using percentage-of-completion accounting; peers in construction often carry significant contract asset balances.
contract_assets| Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|
| Value | $51.18M | $51.15M | $61.41M | $47.11M |
| QoQ Change | — | -0.1% | +20.1% | -23.3% |