Current Assets

Prepaid & Other Current

Flex Ltd. Prepaid & Other Current increased by 97.3% to $2.36B in Q1 2026 compared to the prior quarter.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryLiquidity
SignalContext dependent
VolatilityStable
First reportedQ4 2015
Last reportedQ1 2026

How to read this metric

Significant fluctuations may indicate changes in corporate procurement cycles or shifts in accounting for short-term financial instruments.

Detailed definition

Payments made in advance for services or goods to be received within the next year, alongside other miscellaneous short-...

Peer comparison

Generally a small percentage of current assets; large spikes may warrant investigation into non-recurring items.

Metric ID: prepaid_and_other_current_assets

Historical Data

2 periods
 Q1 '25Q1 '26
Value$1.19B$2.36B
QoQ Change+97.3%
YoY Change+97.3%
Range$1.19B$2.36B
Avg YoY Growth+97.3%
Median YoY Growth+97.3%

Frequently Asked Questions

What is Flex Ltd.'s prepaid & other current?
Flex Ltd. (FLEX) reported prepaid & other current of $2.36B in Q1 2026.
What does prepaid & other current mean?
Assets representing payments made for future services or miscellaneous short-term holdings.