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Current Assets

Income taxes receivable

Southern Copper Income taxes receivable decreased by 10.6% to $296M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 6.1%, from $279M to $296M. Over 5 years (FY 2020 to FY 2025), Income taxes receivable shows an upward trend with a 25.9% CAGR.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryLiquidity
SignalContext dependent
VolatilityModerate
First reportedQ4 2014
Last reportedQ1 2026Apr 30, 2026

How to read this metric

An increase indicates the company has overpaid taxes or is owed significant credits, which will eventually improve cash flow upon recovery.

Detailed definition

This represents the amount of income tax overpayments or credits that the company expects to recover from tax authoritie...

Peer comparison

Standard across all corporate entities subject to income tax.

Metric ID: income_taxes_receivable

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$126.3M$134.1M$197.7M$165.2M$376.5M$541.6M$377.6M$392.9M$386.2M$303.7M$395.4M$410.6M$381.4M$349.7M$346.7M$279M$334.3M$297.1M$331.2M$296M
QoQ Change+6.2%+47.4%-16.4%+127.9%+43.9%-30.3%+4.1%-1.7%-21.4%+30.2%+3.8%-7.1%-8.3%-0.9%-19.5%+19.8%-11.1%+11.5%-10.6%
YoY Change+198.1%+303.9%+91.0%+137.8%+2.6%-43.9%+4.7%+4.5%-1.2%+15.1%-12.3%-32.1%-12.3%-15.0%-4.5%+6.1%
Range$126.3M$541.6M
CAGR+19.6%
Avg YoY Growth+40.2%
Median YoY Growth+3.5%

Frequently Asked Questions

What is Southern Copper's income taxes receivable?
Southern Copper (SCCO) reported income taxes receivable of $296M in Q1 2026.
How has Southern Copper's income taxes receivable changed year-over-year?
Southern Copper's income taxes receivable increased by 6.1% year-over-year, from $279M to $296M.
What is the long-term trend for Southern Copper's income taxes receivable?
Over 5 years (2020 to 2025), Southern Copper's income taxes receivable has grown at a 25.9% compound annual growth rate (CAGR), from $104.8M to $331.2M.
What does income taxes receivable mean?
Tax payments made in excess of the actual tax owed, which the company expects to get back.