Net change in commercial paper
Microchip Technology Net change in commercial paper remained flat by 0.0% to $1.56B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 58.7%, from $3.78B to $1.56B. Over 2 years (FY 2024 to FY 2026), Net change in commercial paper shows a downward trend with a -9.9% CAGR.
Analysis
How to read this metric
An increase indicates the company is utilizing short-term debt to fund operations or bridge liquidity gaps, while a decrease suggests the company is paying down short-term obligations or shifting to other financing sources. Frequent or large net increases may signal a reliance on volatile short-term credit markets.
Detailed definition
This metric represents the net change in short-term unsecured promissory notes issued by a company to meet immediate wor...
Peer comparison
Common among large-cap technology and industrial firms with high working capital requirements; peers often use this as a flexible, low-cost alternative to revolving credit lines.
commercial_paper_netHistorical Data
| FY'24 | FY'25 | FY'26 | |
|---|---|---|---|
| Value | $7.69B | $15.11B | $6.24B |
| YoY Change | — | +96.6% | -58.7% |
Net change in commercial paper at Other Companies
Frequently Asked Questions
- What is Microchip Technology's net change in commercial paper?
- Microchip Technology (MCHP) reported net change in commercial paper of $1.56B in Q1 2026.
- How has Microchip Technology's net change in commercial paper changed year-over-year?
- Microchip Technology's net change in commercial paper decreased by 58.7% year-over-year, from $3.78B to $1.56B.
- What is the long-term trend for Microchip Technology's net change in commercial paper?
- Over 2 years (2024 to 2026), Microchip Technology's net change in commercial paper has grown at a -9.9% compound annual growth rate (CAGR), from $7.69B to $6.24B.
- What does net change in commercial paper mean?
- The net amount of short-term debt borrowed or repaid through commercial paper markets during the period.