Non-Current Assets

Contract Assets, Non-Current

Air Products and Chemicals Contract Assets, Non-Current increased by 4.2% to $106.80M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 103.0%, from $52.60M to $106.80M.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryGrowth
SignalContext dependent
VolatilityStable
First reportedQ3 2024
Last reportedQ4 2025

How to read this metric

An increase indicates strong long-term contract performance but may signal potential future cash flow delays, while a decrease suggests faster billing cycles.

Detailed definition

This represents the company's right to consideration for goods or services transferred to a customer that are not yet bi...

Peer comparison

Standard for SaaS companies with multi-year enterprise agreements and complex revenue recognition schedules.

Metric ID: contract_assets_noncurrent

Historical Data

6 periods
 Q3 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$0.00$52.60M$53.80M$82.30M$102.50M$106.80M
QoQ Change+2.3%+53.0%+24.5%+4.2%
YoY Change+103.0%
Range$0.00$106.80M
Avg YoY Growth+103.0%
Median YoY Growth+103.0%
Current Streak4+ quarters growth

Contract Assets, Non-Current at Other Companies

Frequently Asked Questions

What is Air Products and Chemicals's contract assets, non-current?
Air Products and Chemicals (APD) reported contract assets, non-current of $106.80M in Q1 2026.
How has Air Products and Chemicals's contract assets, non-current changed year-over-year?
Air Products and Chemicals's contract assets, non-current increased by 103.0% year-over-year, from $52.60M to $106.80M.
What does contract assets, non-current mean?
Unbilled revenue for services already provided that will be collected more than one year in the future.