Other

Prepaid expenses

General Mills Prepaid expenses increased by 1.1% to $269.00M in Q1 2025 compared to the prior quarter. Over 3 years (FY 2022 to FY 2025), Prepaid expenses shows an upward trend with a 8.0% CAGR.

Analysis

StatementBalance Sheet Statement
SectionOther
CategoryLiquidity
SignalContext dependent
VolatilityStable
First reportedQ4 2022
Last reportedQ4 2025Jun 26, 2025

How to read this metric

Significant fluctuations may indicate changes in the timing of large annual contracts or operational scaling.

Detailed definition

These are payments made in advance for goods or services that will be received or consumed within the next twelve months...

Peer comparison

Standard across all industries; generally represents a small portion of total current assets.

Metric ID: other_prepaid_expense_current

Historical Data

4 periods
 Q4 '22Q4 '23Q4 '24Q4 '25
Value$213.50M$244.40M$266.10M$269.00M
QoQ Change+14.5%+8.9%+1.1%
YoY Change+14.5%+8.9%+1.1%
Range$213.50M$269.00M
Avg YoY Growth+8.1%
Median YoY Growth+8.9%
Current Streak3+ quarters growth

Frequently Asked Questions

What is General Mills's prepaid expenses?
General Mills (GIS) reported prepaid expenses of $269.00M in Q1 2025.
What is the long-term trend for General Mills's prepaid expenses?
Over 3 years (2022 to 2025), General Mills's prepaid expenses has grown at a 8.0% compound annual growth rate (CAGR), from $213.50M to $269.00M.
What does prepaid expenses mean?
Payments made in advance for services or goods that the company will receive within a year.