Gencor Industries GENC Increase (Decrease) in Prepaid Expense
Increase (Decrease) in Prepaid Expense at other companies
Other financials
Where this comes from
Reported directly by Gencor Industries in its filing.
Tagged under the XBRL concept us-gaap:IncreaseDecreaseInPrepaidExpense.
The official record: Gencor Industries’s 10-Q, filed June 12, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Gencor Industries's increase (decrease) in prepaid expense?
- Gencor Industries (GENC) reported increase (decrease) in prepaid expense of $248K in Q1 2026.
- How has Gencor Industries's increase (decrease) in prepaid expense changed year-over-year?
- Gencor Industries's increase (decrease) in prepaid expense increased by 125.2% year-over-year, from -$984K to $248K.
- What is the long-term trend for Gencor Industries's increase (decrease) in prepaid expense?
- Over 3 years (2021 to 2024), Gencor Industries's increase (decrease) in prepaid expense has grown at a -43.5% compound annual growth rate (CAGR), from $1.01M to $183K.
- What does increase (decrease) in prepaid expense mean?
- This metric tracks the change in payments made in advance for goods or services to be received in future periods. It represents a short-term asset that will be expensed as the benefit is consumed. Significant fluctuations can indicate changes in the company's procurement strategy or timing of large service contracts.