Current Assets

Accounts Receivable

Parker-Hannifin Accounts Receivable increased by 14.7% to $3.16B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 10.8%, from $2.85B to $3.16B. Over 4 years (FY 2021 to FY 2025), Accounts Receivable shows an upward trend with a 199.7% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2014
Last reportedQ3 2026May 1, 2026

How to read this metric

A rising balance relative to sales may indicate deteriorating customer credit quality or collection inefficiencies.

Detailed definition

This represents the total amount owed to the company by customers for goods or services delivered, net of an allowance f...

Peer comparison

Standardized across all public companies; peers in industrial manufacturing typically have similar credit terms.

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$36.07M$28.41M$22.58M$25.68M$29.34M$122.24M$142.51M$142.32M$147.41M$134.39M$144.50M$150.21M$2.87B$2.71B$2.45B$2.85B$2.91B$2.87B$2.76B$3.16B
QoQ Change-21.3%-20.5%+13.7%+14.2%+316.6%+16.6%-0.1%+3.6%-8.8%+7.5%+4.0%>999%-5.4%-9.8%+16.6%+2.0%-1.3%-4.0%+14.7%
YoY Change-18.7%+330.3%+531.1%+454.1%+402.4%+9.9%+1.4%+5.5%>999%>999%>999%>999%+1.5%+5.9%+12.7%+10.8%
Range$22.58M$3.16B
CAGR+156.4%
Avg YoY Growth+556.4%
Median YoY Growth+171.5%

Frequently Asked Questions

What is Parker-Hannifin's accounts receivable?
Parker-Hannifin (PH) reported accounts receivable of $3.16B in Q1 2026.
How has Parker-Hannifin's accounts receivable changed year-over-year?
Parker-Hannifin's accounts receivable increased by 10.8% year-over-year, from $2.85B to $3.16B.
What is the long-term trend for Parker-Hannifin's accounts receivable?
Over 4 years (2021 to 2025), Parker-Hannifin's accounts receivable has grown at a 199.7% compound annual growth rate (CAGR), from $36.07M to $2.91B.
What does accounts receivable mean?
Money owed by customers for products or services, minus estimated uncollectible amounts.