Novanta NOVT Prepaid Income Taxes And Income Taxes Receivable Current
Prepaid Income Taxes And Income Taxes Receivable Current at other companies
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Where this comes from
Reported directly by Novanta in its filing.
Tagged under the XBRL concept novt:PrepaidIncomeTaxesAndIncomeTaxesReceivableCurrent.
The official record: Novanta’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Novanta's prepaid income taxes and income taxes receivable current?
- Novanta (NOVT) reported prepaid income taxes and income taxes receivable current of $8.75M in Q1 2026.
- How has Novanta's prepaid income taxes and income taxes receivable current changed year-over-year?
- Novanta's prepaid income taxes and income taxes receivable current increased by 50.1% year-over-year, from $5.83M to $8.75M.
- What is the long-term trend for Novanta's prepaid income taxes and income taxes receivable current?
- Over 5 years (2020 to 2025), Novanta's prepaid income taxes and income taxes receivable current has grown at a 24.0% compound annual growth rate (CAGR), from $3.2M to $9.38M.
- What does prepaid income taxes and income taxes receivable current mean?
- This metric represents the aggregate value of income tax payments made in advance or tax refunds currently owed to the company by tax authorities. It reflects the short-term liquidity tied up in tax positions that are expected to be realized or settled within the next twelve months. Monitoring this balance helps investors assess the efficiency of the company's tax planning and the potential for near-term cash inflows from tax receivables.