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Current Assets

Prepaid & Other Current

Cummins Prepaid & Other Current decreased by 7.9% to $1.54B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 2.3%, from $1.58B to $1.54B. Over 5 years (FY 2020 to FY 2025), Prepaid & Other Current shows an upward trend with a 16.2% CAGR.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryLiquidity
SignalContext dependent
VolatilityStable
First reportedQ4 2014
Last reportedQ1 2026May 5, 2026

How to read this metric

Significant fluctuations may indicate changes in operational scale or timing of large service contracts and insurance premiums.

Detailed definition

Payments made in advance for goods or services to be received in the future, along with other miscellaneous assets expec...

Peer comparison

Generally a small, stable component of current assets for most industrial firms.

Metric ID: prepaid_and_other_current_assets

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$804M$828M$777M$839M$843M$1.09B$1.07B$1.22B$1.21B$1.28B$1.2B$1.35B$1.32B$1.54B$1.57B$1.58B$1.7B$1.67B$1.68B$1.54B
QoQ Change+3.0%-6.2%+8.0%+0.5%+29.4%-1.6%+13.4%-0.8%+6.0%-6.5%+12.6%-2.4%+17.3%+1.4%+0.9%+7.5%-1.9%+0.7%-7.9%
YoY Change+4.9%+31.8%+38.1%+45.1%+43.2%+17.3%+11.6%+10.8%+9.0%+20.6%+30.7%+17.1%+29.0%+7.8%+7.1%-2.3%
Range$777M$1.7B
CAGR+14.7%
Avg YoY Growth+20.1%
Median YoY Growth+17.2%

Frequently Asked Questions

What is Cummins's prepaid & other current?
Cummins (CMI) reported prepaid & other current of $1.54B in Q1 2026.
How has Cummins's prepaid & other current changed year-over-year?
Cummins's prepaid & other current decreased by 2.3% year-over-year, from $1.58B to $1.54B.
What is the long-term trend for Cummins's prepaid & other current?
Over 5 years (2020 to 2025), Cummins's prepaid & other current has grown at a 16.2% compound annual growth rate (CAGR), from $790M to $1.68B.
What does prepaid & other current mean?
Expenses paid in advance and other short-term assets.