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Current Assets

Accounts Receivable

Guardant Health Accounts Receivable decreased by 0.3% to $137.4M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 19.0%, from $115.43M to $137.4M. Over 5 years (FY 2020 to FY 2025), Accounts Receivable shows an upward trend with a 20.9% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2016
Last reportedQ1 2026May 7, 2026

How to read this metric

A rising balance relative to revenue may signal collection difficulties, while a stable or decreasing balance indicates efficient billing and collection processes.

Detailed definition

This represents the balance of money owed to the company by customers for goods or services delivered, net of an allowan...

Peer comparison

Varies by industry; diagnostic companies often face longer collection cycles due to complex insurance reimbursement processes.

Metric ID: accounts_receivable_net

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$53.67M$60.74M$97.65M$84.33M$95.28M$86.2M$97.26M$87.2M$86.47M$88.8M$88.78M$84.56M$100.52M$88.47M$110.25M$115.43M$130.25M$115.59M$137.85M$137.4M
QoQ Change+13.2%+60.8%-13.6%+13.0%-9.5%+12.8%-10.3%-0.8%+2.7%-0.0%-4.8%+18.9%-12.0%+24.6%+4.7%+12.8%-11.3%+19.3%-0.3%
YoY Change+77.5%+41.9%-0.4%+3.4%-9.2%+3.0%-8.7%-3.0%+16.2%-0.4%+24.2%+36.5%+29.6%+30.7%+25.0%+19.0%
Range$53.67M$137.85M
CAGR+21.9%
Avg YoY Growth+17.8%
Median YoY Growth+17.6%

Frequently Asked Questions

What is Guardant Health's accounts receivable?
Guardant Health (GH) reported accounts receivable of $137.4M in Q1 2026.
How has Guardant Health's accounts receivable changed year-over-year?
Guardant Health's accounts receivable increased by 19.0% year-over-year, from $115.43M to $137.4M.
What is the long-term trend for Guardant Health's accounts receivable?
Over 5 years (2020 to 2025), Guardant Health's accounts receivable has grown at a 20.9% compound annual growth rate (CAGR), from $53.3M to $137.85M.
What does accounts receivable mean?
The amount of money customers owe the company for products or services already provided.