Discontinued — last reported Q3 '18
Current Liabilities
Device Payment Plan Trade-in Liability
Zoetis Device Payment Plan Trade-in Liability increased by 31.3% to $21.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 23.5%, from $17.00M to $21.00M. Over 5 years (FY 2020 to FY 2025), Device Payment Plan Trade-in Liability shows an upward trend with a 4.2% CAGR.
Analysis
StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryRisk
SignalContext dependent
VolatilityModerate
First reportedQ4 2017
Last reportedQ3 2018
How to read this metric
An increase suggests higher participation in trade-in programs, potentially indicating aggressive customer acquisition or upgrade cycles.
Detailed definition
This represents the estimated financial obligation to customers who have traded in devices as part of a promotional fina...
Peer comparison
Common in telecommunications and hardware-reliant consumer platforms; peers typically report this as a component of accrued liabilities.
Metric ID:
device_payment_plan_trade_in_liabilityHistorical Data
19 periods
| 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 | $12.00M | $12.00M | $14.00M | $14.00M | $16.00M | $14.00M | $14.00M | $15.00M | $13.00M | $11.00M | $13.00M | $18.00M | $21.00M | $18.00M | $17.00M | $19.00M | $18.00M | $16.00M | $21.00M |
| QoQ Change | — | +0.0% | +16.7% | +0.0% | +14.3% | -12.5% | +0.0% | +7.1% | -13.3% | -15.4% | +18.2% | +38.5% | +16.7% | -14.3% | -5.6% | +11.8% | -5.3% | -11.1% | +31.3% |
| YoY Change | — | — | — | — | +33.3% | +16.7% | +0.0% | +7.1% | -18.8% | -21.4% | -7.1% | +20.0% | +61.5% | +63.6% | +30.8% | +5.6% | -14.3% | -11.1% | +23.5% |
Range$11.00M – $21.00M
CAGR+13.2%
Avg YoY Growth+12.6%
Median YoY Growth+7.1%
Device Payment Plan Trade-in Liability at Other Companies
Frequently Asked Questions
- What is Zoetis's device payment plan trade-in liability?
- Zoetis (ZTS) reported device payment plan trade-in liability of $21.00M in Q1 2026.
- How has Zoetis's device payment plan trade-in liability changed year-over-year?
- Zoetis's device payment plan trade-in liability increased by 23.5% year-over-year, from $17.00M to $21.00M.
- What is the long-term trend for Zoetis's device payment plan trade-in liability?
- Over 5 years (2020 to 2025), Zoetis's device payment plan trade-in liability has grown at a 4.2% compound annual growth rate (CAGR), from $13.00M to $16.00M.
- What does device payment plan trade-in liability mean?
- The estimated value owed to customers for devices traded in under promotional programs.