Other

Contract with Customer, Asset, after Allowance for Credit Loss

Illumina Contract with Customer, Asset, after Allowance for Credit Loss increased by 9.5% to $23.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 53.3%, from $15.00M to $23.00M. Over 4 years (FY 2021 to FY 2025), Contract with Customer, Asset, after Allowance for Credit Loss shows an upward trend with a 7.0% CAGR.

Analysis

StatementBalance Sheet Statement
SectionOther
CategoryLiquidity
SignalContext dependent
VolatilityModerate
First reportedQ4 2018
Last reportedQ1 2026

How to read this metric

An increase suggests higher unbilled service activity or potential delays in collection, while a decrease indicates faster cash conversion or lower unbilled revenue.

Detailed definition

This represents the net carrying amount of assets arising from contracts with customers, recognized when the entity has...

Peer comparison

Comparable to unbilled receivables or contract assets at other financial services firms and asset managers.

Metric ID: other_contract_with_customer_asset_net

Historical Data

18 periods
 Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$16.00M$16.00M$18.00M$17.00M$17.00M$17.00M$17.00M$19.00M$18.00M$15.00M$16.00M$16.00M$16.00M$15.00M$15.00M$22.00M$21.00M$23.00M
QoQ Change+0.0%+12.5%-5.6%+0.0%+0.0%+0.0%+11.8%-5.3%-16.7%+6.7%+0.0%+0.0%-6.3%+0.0%+46.7%-4.5%+9.5%
YoY Change+6.3%+6.3%-5.6%+11.8%+5.9%-11.8%-5.9%-15.8%-11.1%+0.0%-6.3%+37.5%+31.3%+53.3%
Range$15.00M$23.00M
CAGR+8.9%
Avg YoY Growth+6.8%
Median YoY Growth+2.9%

Contract with Customer, Asset, after Allowance for Credit Loss at Other Companies

Frequently Asked Questions

What is Illumina's contract with customer, asset, after allowance for credit loss?
Illumina (ILMN) reported contract with customer, asset, after allowance for credit loss of $23.00M in Q1 2026.
How has Illumina's contract with customer, asset, after allowance for credit loss changed year-over-year?
Illumina's contract with customer, asset, after allowance for credit loss increased by 53.3% year-over-year, from $15.00M to $23.00M.
What is the long-term trend for Illumina's contract with customer, asset, after allowance for credit loss?
Over 4 years (2021 to 2025), Illumina's contract with customer, asset, after allowance for credit loss has grown at a 7.0% compound annual growth rate (CAGR), from $16.00M to $21.00M.
What does contract with customer, asset, after allowance for credit loss mean?
The net value of services provided to customers for which payment has been earned but not yet received.