Current Assets

Allowance for Doubtful Accounts Receivable (Current)

Nextra Energy Allowance for Doubtful Accounts Receivable (Current) decreased by 2.4% to $80.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 48.1%, from $54.00M to $80.00M. Over 5 years (FY 2020 to FY 2025), Allowance for Doubtful Accounts Receivable (Current) shows an upward trend with a 4.1% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryRisk
SignalLower is better
VolatilityStable
First reportedQ4 2015
Last reportedQ1 2026Apr 23, 2026

How to read this metric

A significant increase relative to receivables may signal deteriorating customer credit quality or economic headwinds in specific markets.

Detailed definition

This is a contra-asset account representing the estimated amount of accounts receivable that the company expects will no...

Peer comparison

Standard across all industries; peers in the medical device sector typically maintain low levels unless operating in high-risk emerging markets.

Metric ID: allowance_for_doubtful_accounts_receivable_current

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$37.00M$39.00M$35.00M$29.00M$58.00M$69.00M$54.00M$33.00M$36.00M$49.00M$52.00M$63.00M$52.00M$63.00M$56.00M$54.00M$66.00M$70.00M$82.00M$80.00M
QoQ Change+5.4%-10.3%-17.1%+100.0%+19.0%-21.7%-38.9%+9.1%+36.1%+6.1%+21.2%-17.5%+21.2%-11.1%-3.6%+22.2%+6.1%+17.1%-2.4%
YoY Change+56.8%+76.9%+54.3%+13.8%-37.9%-29.0%-3.7%+90.9%+44.4%+28.6%+7.7%-14.3%+26.9%+11.1%+46.4%+48.1%
Range$29.00M$82.00M
CAGR+17.6%
Avg YoY Growth+26.3%
Median YoY Growth+27.7%

Frequently Asked Questions

What is Nextra Energy's allowance for doubtful accounts receivable (current)?
Nextra Energy (NEE) reported allowance for doubtful accounts receivable (current) of $80.00M in Q1 2026.
How has Nextra Energy's allowance for doubtful accounts receivable (current) changed year-over-year?
Nextra Energy's allowance for doubtful accounts receivable (current) increased by 48.1% year-over-year, from $54.00M to $80.00M.
What is the long-term trend for Nextra Energy's allowance for doubtful accounts receivable (current)?
Over 5 years (2020 to 2025), Nextra Energy's allowance for doubtful accounts receivable (current) has grown at a 4.1% compound annual growth rate (CAGR), from $67.00M to $82.00M.
What does allowance for doubtful accounts receivable (current) mean?
The estimated portion of customer invoices that the company expects will never be paid.