Increase (Decrease) in Accounts Receivable and Other Operating Assets
Targa Resources Increase (Decrease) in Accounts Receivable and Other Operating Assets increased by 292.8% to $198M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 191.2%, from -$217.1M to $198M. Over 3 years (FY 2021 to FY 2024), Increase (Decrease) in Accounts Receivable and Other Operating Assets shows a downward trend with a -42.4% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
A decrease in this metric (representing an increase in receivables) consumes cash, which may signal slower collection cycles or growing sales.
Detailed definition
This represents the change in cash resulting from fluctuations in accounts receivable and other operating assets. An inc...
Peer comparison
Standard working capital metric used to assess liquidity and credit management efficiency.
operating_increase_decrease_in_accounts_receivable_and_o_dd2095Historical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | -$73M | $390.9M | $32.6M | $216.2M | $34.7M | -$330.3M | -$140.3M | -$440.8M | -$71.9M | $315.5M | $217.8M | -$39.8M | -$263.1M | $63.5M | $314.4M | -$217.1M | -$102.7M | $198M |
| QoQ Change | — | +635.5% | -91.7% | +563.2% | -84.0% | <-999% | +57.5% | -214.2% | +83.7% | +538.8% | -31.0% | -118.3% | -561.1% | +124.1% | +395.1% | -169.1% | +52.7% | +292.8% |
| YoY Change | — | — | — | — | +147.5% | -184.5% | -530.4% | -303.9% | -307.2% | +195.5% | +255.2% | +91.0% | -265.9% | -79.9% | +44.4% | -445.5% | +61.0% | +191.2% |
Increase (Decrease) in Accounts Receivable and Other Operating Assets at Other Companies
Frequently Asked Questions
- What is Targa Resources's increase (decrease) in accounts receivable and other operating assets?
- Targa Resources (TRGP) reported increase (decrease) in accounts receivable and other operating assets of $198M in Q1 2026.
- How has Targa Resources's increase (decrease) in accounts receivable and other operating assets changed year-over-year?
- Targa Resources's increase (decrease) in accounts receivable and other operating assets increased by 191.2% year-over-year, from -$217.1M to $198M.
- What is the long-term trend for Targa Resources's increase (decrease) in accounts receivable and other operating assets?
- Over 3 years (2021 to 2024), Targa Resources's increase (decrease) in accounts receivable and other operating assets has grown at a -42.4% compound annual growth rate (CAGR), from $392.4M to $75M.
- What does increase (decrease) in accounts receivable and other operating assets mean?
- The change in cash caused by the difference in money owed to the company by customers.