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Current Assets

Accounts Receivable

Medtronic Accounts Receivable decreased by 0.5% to $6.36B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 4.0%, from $6.12B to $6.36B. Over 4 years (FY 2021 to FY 2025), Accounts Receivable shows an upward trend with a 4.5% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ4 2015
Last reportedQ3 2026Feb 24, 2026

How to read this metric

A decrease relative to revenue suggests efficient collection processes, while an increase may signal potential credit issues or extended payment terms.

Detailed definition

This represents the total amount owed to the company by customers for products delivered or services rendered, adjusted...

Peer comparison

Medical device manufacturers typically have longer collection cycles due to complex hospital procurement processes.

Metric ID: accounts_receivable_net

Historical Data

20 periods
 Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Value$5.46B$5.43B$5.49B$5.45B$5.55B$5.31B$5.63B$5.89B$6B$5.81B$5.93B$5.97B$6.13B$6.01B$6.26B$6.12B$6.52B$6.26B$6.39B$6.36B
QoQ Change-0.6%+1.1%-0.9%+1.9%-4.4%+6.0%+4.6%+1.9%-3.2%+2.2%+0.6%+2.7%-1.9%+4.1%-2.3%+6.5%-3.9%+2.0%-0.5%
YoY Change+1.6%-2.3%+2.4%+8.1%+8.1%+9.4%+5.5%+1.4%+2.2%+3.5%+5.5%+2.5%+6.3%+4.2%+2.1%+4.0%
Range$5.31B$6.52B
CAGR+3.3%
Avg YoY Growth+4.0%
Median YoY Growth+3.8%

Frequently Asked Questions

What is Medtronic's accounts receivable?
Medtronic (MDT) reported accounts receivable of $6.36B in Q4 2025.
How has Medtronic's accounts receivable changed year-over-year?
Medtronic's accounts receivable increased by 4.0% year-over-year, from $6.12B to $6.36B.
What is the long-term trend for Medtronic's accounts receivable?
Over 4 years (2021 to 2025), Medtronic's accounts receivable has grown at a 4.5% compound annual growth rate (CAGR), from $5.46B to $6.52B.
What does accounts receivable mean?
The net amount of money owed to the company by customers for goods or services already provided.