Current Assets
Prepaid & Other Current
McKesson Prepaid & Other Current decreased by 28.5% to $1.04B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 1.9%, from $1.06B to $1.04B. Over 5 years (FY 2021 to FY 2026), Prepaid & Other Current shows an upward trend with a 9.4% CAGR.
Analysis
StatementBalance Sheet Statement
SectionCurrent Assets
CategoryLiquidity
SignalContext dependent
VolatilityStable
First reportedQ4 2015
Last reportedQ4 2026May 8, 2026
How to read this metric
Significant fluctuations may indicate changes in operational scale or timing of large-scale service contracts and insurance premiums.
Detailed definition
This category includes payments made in advance for services or goods to be received within the next twelve months, alon...
Peer comparison
This is a standard line item across most large-cap companies, typically representing a small fraction of total current assets.
Metric ID:
prepaid_and_other_current_assetsHistorical Data
20 periods
| 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 | Q2 '26 | Q3 '26 | Q4 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $706M | $861M | $831M | $898M | $590M | $722M | $675M | $513M | $533M | $568M | $572M | $626M | $636M | $751M | $942M | $1.06B | $1.16B | $1.46B | $1.46B | $1.04B |
| QoQ Change | — | +22.0% | -3.5% | +8.1% | -34.3% | +22.4% | -6.5% | -24.0% | +3.9% | +6.6% | +0.7% | +9.4% | +1.6% | +18.1% | +25.4% | +12.8% | +9.1% | +26.1% | -0.3% | -28.5% |
| YoY Change | — | — | — | — | -16.4% | -16.1% | -18.8% | -42.9% | -9.7% | -21.3% | -15.3% | +22.0% | +19.3% | +32.2% | +64.7% | +69.8% | +82.4% | +94.8% | +54.8% | -1.9% |
Range$513M – $1.46B
CAGR+8.6%
Avg YoY Growth+18.6%
Median YoY Growth+8.7%
Current Streak2 quarters decline
Prepaid & Other Current at Other Companies
Frequently Asked Questions
- What is McKesson's prepaid & other current?
- McKesson (MCK) reported prepaid & other current of $1.04B in Q1 2026.
- How has McKesson's prepaid & other current changed year-over-year?
- McKesson's prepaid & other current decreased by 1.9% year-over-year, from $1.06B to $1.04B.
- What is the long-term trend for McKesson's prepaid & other current?
- Over 5 years (2021 to 2026), McKesson's prepaid & other current has grown at a 9.4% compound annual growth rate (CAGR), from $665M to $1.04B.
- What does prepaid & other current mean?
- Payments made for future services or other short-term assets that will be used within a year.