Tax receivable within other current assets
Southwest Airlines Tax receivable within other current assets remained flat by 0.0% to $6.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 45.5%, from $11.00M to $6.00M. Over 5 years (FY 2020 to FY 2025), Tax receivable within other current assets shows a downward trend with a -61.8% CAGR.
Analysis
How to read this metric
An increase may indicate overpayment of estimated taxes or the realization of tax credits, while a decrease suggests the collection of these receivables or a shift in tax liability status.
Detailed definition
This represents the amount of income tax overpayments or credits due to the company from tax authorities that are expect...
Peer comparison
Common across all capital-intensive industries; peers typically report this within current assets or as a component of other receivables.
other_income_taxes_receivableHistorical Data
| 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 | $696.00M | $710.00M | $699.00M | $698.00M | $219.00M | $233.00M | $133.00M | $129.00M | $39.00M | $53.00M | $35.00M | $13.00M | $13.00M | $10.00M | $11.00M | $11.00M | $10.00M | $10.00M | $6.00M | $6.00M |
| QoQ Change | — | +2.0% | -1.5% | -0.1% | -68.6% | +6.4% | -42.9% | -3.0% | -69.8% | +35.9% | -34.0% | -62.9% | +0.0% | -23.1% | +10.0% | +0.0% | -9.1% | +0.0% | -40.0% | +0.0% |
| YoY Change | — | — | — | — | -68.5% | -67.2% | -81.0% | -81.5% | -82.2% | -77.3% | -73.7% | -89.9% | -66.7% | -81.1% | -68.6% | -15.4% | -23.1% | +0.0% | -45.5% | -45.5% |
Tax receivable within other current assets at Other Companies
Frequently Asked Questions
- What is Southwest Airlines's tax receivable within other current assets?
- Southwest Airlines (LUV) reported tax receivable within other current assets of $6.00M in Q1 2026.
- How has Southwest Airlines's tax receivable within other current assets changed year-over-year?
- Southwest Airlines's tax receivable within other current assets decreased by 45.5% year-over-year, from $11.00M to $6.00M.
- What is the long-term trend for Southwest Airlines's tax receivable within other current assets?
- Over 5 years (2020 to 2025), Southwest Airlines's tax receivable within other current assets has grown at a -61.8% compound annual growth rate (CAGR), from $740.00M to $6.00M.
- What does tax receivable within other current assets mean?
- Income tax refunds or credits owed to the company by tax authorities.