Labcorp Holdings Prepaid & Other Current decreased by 9.1% to $629.50M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 4.3%, from $657.50M to $629.50M. Over 5 years (FY 2020 to FY 2025), Prepaid & Other Current shows an upward trend with a 13.7% CAGR.
Significant fluctuations may indicate changes in corporate procurement cycles or shifts in accounting for short-term financial instruments.
Payments made in advance for services or goods to be received within the next year, alongside other miscellaneous short-...
Generally a small percentage of current assets; large spikes may warrant investigation into non-recurring items.
prepaid_and_other_current_assets| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $23.70M | $23.80M | $478.10M | $28.20M | $28.70M | $29.40M | $610.40M | $7.70M | $6.40M | $7.70M | $655.30M | $678.10M | $618.00M | $684.70M | $697.60M | $657.50M | $655.10M | $694.00M | $692.80M | $629.50M |
| QoQ Change | — | +0.4% | >999% | -94.1% | +1.8% | +2.4% | >999% | -98.7% | -16.9% | +20.3% | >999% | +3.5% | -8.9% | +10.8% | +1.9% | -5.7% | -0.4% | +5.9% | -0.2% | -9.1% |
| YoY Change | — | — | — | — | +21.1% | +23.5% | +27.7% | -72.7% | -77.7% | -73.8% | +7.4% | >999% | >999% | >999% | +6.5% | -3.0% | +6.0% | +1.4% | -0.7% | -4.3% |