Current Assets

Prepaid & Other Current

Microchip Technology Prepaid & Other Current decreased by 12.4% to $207.20M in Q1 2026 compared to the prior quarter.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryLiquidity
SignalContext dependent
VolatilityStable
First reportedQ4 2025
Last reportedQ4 2026May 21, 2026

How to read this metric

Significant fluctuations may indicate changes in corporate procurement cycles or shifts in accounting for short-term financial instruments.

Detailed definition

Payments made in advance for services or goods to be received within the next year, alongside other miscellaneous short-...

Peer comparison

Generally a small percentage of current assets; large spikes may warrant investigation into non-recurring items.

Metric ID: prepaid_and_other_current_assets

Historical Data

2 periods
 Q4 '25Q4 '26
Value$236.40M$207.20M
QoQ Change—-12.4%
YoY Change—-12.4%
Range$207.20M – $236.40M
Avg YoY Growth-12.4%
Median YoY Growth-12.4%

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Frequently Asked Questions

What is Microchip Technology's prepaid & other current?
Microchip Technology (MCHP) reported prepaid & other current of $207.20M in Q1 2026.
What does prepaid & other current mean?
Assets representing payments made for future services or miscellaneous short-term holdings.