Discontinued — last reported Q4 '23

Current Assets

Premiums receivable

CVS Health Premiums receivable decreased by 17.1% to $4.88B in Q3 2025 compared to the prior quarter. Year-over-year, this metric grew by 23.7%, from $3.94B to $4.88B. Over 4 years (FY 2020 to FY 2024), Premiums receivable shows an upward trend with a 15.8% CAGR.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryLiquidity
SignalContext dependent
VolatilityModerate
First reportedQ4 2020
Last reportedQ4 2023

How to read this metric

An increase may signal higher sales volume or potential collection issues, while a decrease suggests faster cash conversion.

Detailed definition

This represents the total amount of insurance premiums billed to policyholders that have not yet been collected. It serv...

Peer comparison

Varies significantly based on the mix of direct-billed versus agency-billed business models among peers.

Metric ID: ins_premiums_receivable

Historical Data

18 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25
Value$2.94B$2.39B$2.54B$3.51B$3.40B$2.37B$2.68B$3.64B$2.30B$3.25B$3.71B$5.42B$4.43B$3.94B$4.73B$6.21B$5.89B$4.88B
QoQ Change-18.7%+6.1%+38.3%-3.1%-30.3%+13.0%+35.9%-36.9%+41.7%+14.1%+45.9%-18.3%-11.0%+20.0%+31.3%-5.2%-17.1%
YoY Change+15.5%-1.0%+5.5%+3.6%-32.5%+37.4%+38.8%+49.1%+92.9%+21.1%+27.4%+14.6%+32.8%+23.7%
Range$2.30B$6.21B
CAGR+12.6%
Avg YoY Growth+23.5%
Median YoY Growth+22.4%
Current Streak2 quarters decline

Frequently Asked Questions

What is CVS Health's premiums receivable?
CVS Health (CVS) reported premiums receivable of $4.88B in Q3 2025.
How has CVS Health's premiums receivable changed year-over-year?
CVS Health's premiums receivable increased by 23.7% year-over-year, from $3.94B to $4.88B.
What is the long-term trend for CVS Health's premiums receivable?
Over 4 years (2020 to 2024), CVS Health's premiums receivable has grown at a 15.8% compound annual growth rate (CAGR), from $2.63B to $4.73B.
What does premiums receivable mean?
The amount of money owed to the insurance company by policyholders for premiums that have been billed but not yet paid.