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Current Assets

Total Current Assets

Western Midstream Partners Total Current Assets decreased by 7.1% to $1.54B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 29.4%, from $1.19B to $1.54B. Over 5 years (FY 2020 to FY 2025), Total Current Assets shows an upward trend with a 11.9% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryLiquidity
SignalHigher is better
VolatilityModerate
First reportedQ4 2014
Last reportedQ1 2026May 6, 2026

How to read this metric

Higher levels generally indicate stronger short-term liquidity, provided the composition is not overly reliant on slow-moving inventory.

Detailed definition

This is the aggregate value of all assets that the company expects to convert into cash, sell, or consume within one fis...

Peer comparison

Midstream companies typically maintain current assets in proportion to their short-term operational and debt-servicing requirements.

Metric ID: total_current_assets

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$886.25M$756.71M$684.76M$906.29M$863.44M$896.3M$900.43M$735.3M$797.2M$1.14B$992.41M$1.07B$1.07B$1.83B$1.85B$1.19B$905.01M$917.05M$1.66B$1.54B
QoQ Change-14.6%-9.5%+32.4%-4.7%+3.8%+0.5%-18.3%+8.4%+42.5%-12.6%+7.5%+0.2%+71.6%+0.8%-35.6%-23.9%+1.3%+80.7%-7.1%
YoY Change-2.6%+18.4%+31.5%-18.9%-7.7%+26.7%+10.2%+45.0%+34.0%+61.4%+86.1%+11.6%-15.3%-50.0%-10.3%+29.4%
Range$684.76M$1.85B
CAGR+12.3%
Avg YoY Growth+15.6%
Median YoY Growth+15.0%

Frequently Asked Questions

What is Western Midstream Partners's total current assets?
Western Midstream Partners (WES) reported total current assets of $1.54B in Q1 2026.
How has Western Midstream Partners's total current assets changed year-over-year?
Western Midstream Partners's total current assets increased by 29.4% year-over-year, from $1.19B to $1.54B.
What is the long-term trend for Western Midstream Partners's total current assets?
Over 5 years (2020 to 2025), Western Midstream Partners's total current assets has grown at a 11.9% compound annual growth rate (CAGR), from $943.06M to $1.66B.
What does total current assets mean?
The sum of all assets that can be turned into cash or used up within one year.