Current Assets
Prepaid & Other Current
Southern Company Prepaid & Other Current decreased by 7.5% to $321.00M in Q3 2023 compared to the prior quarter. Year-over-year, this metric declined by 13.9%, from $373.00M to $321.00M. Over 2 years (FY 2020 to FY 2022), Prepaid & Other Current shows an upward trend with a 12.1% CAGR.
Analysis
StatementBalance Sheet Statement
SectionCurrent Assets
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ3 2015
Last reportedQ4 2025
How to read this metric
Significant changes usually reflect timing differences in vendor payments or shifts in short-term operational requirements.
Detailed definition
Payments made in advance for goods or services to be received within one year, along with other miscellaneous short-term...
Peer comparison
Usually a small percentage of total assets for tech hardware firms, though it can spike during major production ramp-ups.
Metric ID:
prepaid_and_other_current_assetsHistorical Data
8 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q3 '23 | |
|---|---|---|---|---|---|---|---|---|
| Value | $538.00M | $329.00M | $330.00M | $739.00M | $528.00M | $373.00M | $347.00M | $321.00M |
| QoQ Change | — | -38.8% | +0.3% | +123.9% | -28.6% | -29.4% | -7.0% | -7.5% |
| YoY Change | — | — | — | — | -1.9% | +13.4% | +5.2% | -13.9% |
Range$321.00M – $739.00M
CAGR-25.6%
Avg YoY Growth+0.7%
Median YoY Growth+1.6%
Current Streak4 quarters decline
Prepaid & Other Current at Other Companies
Frequently Asked Questions
- What is Southern Company's prepaid & other current?
- Southern Company (SO) reported prepaid & other current of $321.00M in Q3 2023.
- How has Southern Company's prepaid & other current changed year-over-year?
- Southern Company's prepaid & other current decreased by 13.9% year-over-year, from $373.00M to $321.00M.
- What is the long-term trend for Southern Company's prepaid & other current?
- Over 2 years (2020 to 2022), Southern Company's prepaid & other current has grown at a 12.1% compound annual growth rate (CAGR), from $276.00M to $347.00M.
- What does prepaid & other current mean?
- Bills paid in advance and other small assets that will be used up within the next twelve months.