Medtronic (MDT) Change in Receivables (2014 - 2026)
Medtronic (MDT) reported Change in Receivables of -$224 million for fiscal Q1 2027 (quarter ended Jul 31, 2026), compared with -$288 million a year earlier.
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Analysis
Medtronic (MDT) Change in Receivables (2014 - 2026) Analysis & Trends
Over the twelve months ended Jul 31, 2026, Medtronic's Change in Receivables came in at $264 million, up 3.5% year-over-year; for FY2026 (ended Apr 24, 2026), it came in at $200 million, down 53.8% from FY2025.
- Change in Receivables has a five-year compound annual growth rate of -23.5% (FY2021 to FY2026).
- By fiscal year, Change in Receivables came in at $433 million in FY2025 (+10.7%), $391 million in FY2024 (-32.1%), $576 million in FY2023 (+20.8%) and $477 million in FY2022 (-37.3%).
- Five-year quarterly Change in Receivables spans a low of -$288 million in fiscal Q1 2026 and a high of $435 million in fiscal Q2 2023.
- Year over year, Change in Receivables gained in two of the last five quarters, with an average decline of 19.1%.
- The high point for year-over-year Change in Receivables in five years was fiscal Q2 2023 (growth of 232.1%); the low point was fiscal Q3 2025 (a decline of 87.0%).
- Per Business Quant data, the three fiscal quarters before Q1 2027 came in at $287 million (Q4 2026), -$13 million (Q3 2026) and $214 million (Q2 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 250.84 Bn | 229.99 Bn | 4.88 Bn | - |
| 2 | Abbott Laboratories | 174.73 Bn | 145.82 Bn | 7.27 Bn | 386.00 Mn |
| 3 | Danaher | 159.85 Bn | 143.67 Bn | 3.61 Bn | -71.00 Mn |
| 4 | Intuitive Surgical | 146.79 Bn | 126.35 Bn | 1.96 Bn | 74.90 Mn |
| 5 | Medtronic | 114.54 Bn | 80.41 Bn | 6.34 Bn | -224.00 Mn |
| 6 | Stryker | 105.67 Bn | 91.79 Bn | 4.50 Bn | 177.00 Mn |
| 7 | Boston Scientific | 63.93 Bn | 58.94 Bn | 3.85 Bn | 46.00 Mn |
| 8 | Becton Dickinson | 50.12 Bn | 47.27 Bn | 2.32 Bn | - |
| 9 | Edwards Lifesciences | 50.06 Bn | 34.17 Bn | 1.35 Bn | 10.20 Mn |
| 10 | Agilent Technologies | 49.40 Bn | 42.29 Bn | 1.04 Bn | -22.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | -224.00 Mn |
| Apr 24, 2026 | 287.00 Mn |
| Jan 23, 2026 | -13.00 Mn |
| Oct 24, 2025 | 214.00 Mn |
| Jul 25, 2025 | -288.00 Mn |
| Apr 25, 2025 | 249.00 Mn |
| Jan 24, 2025 | 3.00 Mn |
| Oct 25, 2024 | 291.00 Mn |
| Jul 26, 2024 | -110.00 Mn |
| Apr 26, 2024 | 251.00 Mn |
| Jan 26, 2024 | 23.00 Mn |
| Oct 27, 2023 | 281.00 Mn |
| Jul 28, 2023 | -164.00 Mn |
| Apr 28, 2023 | 168.00 Mn |
| Jan 27, 2023 | 62.00 Mn |
| Oct 28, 2022 | 435.00 Mn |
| Jul 29, 2022 | -89.00 Mn |
| Apr 29, 2022 | 265.00 Mn |
| Jan 28, 2022 | 41.00 Mn |
| Oct 29, 2021 | 131.00 Mn |
API Access
Medtronic Change in Receivables API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=change-in-receivables&ticker=MDT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-receivables", "ticker": "MDT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=change-in-receivables&ticker=MDT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();