Current Assets

Accounts Receivable

Nine Energy Service Accounts Receivable increased by 16.2% to $88.27M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 7.2%, from $95.12M to $88.27M. Over 3 years (FY 2021 to FY 2025), Accounts Receivable shows an upward trend with a 62.4% CAGR.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryEfficiency
SignalContext dependent
VolatilityModerate
First reportedQ4 2015
Last reportedQ1 2026

How to read this metric

Rapid growth relative to sales may indicate collection issues or aggressive revenue recognition; stability suggests efficient cash conversion.

Detailed definition

This represents the total amount owed to the company by customers for goods or services delivered, minus the allowance f...

Peer comparison

Standard metric for all companies with B2B or credit-based sales models.

Metric ID: accounts_receivable_net

Historical Data

19 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$5.64M$5.64M$64.03M$15.54M$8.51M$105.28M$98.50M$94.94M-$9.69M$88.45M$90.97M$84.40M$79.73M$81.16M$95.12M$93.99M$81.45M$75.98M$88.27M
QoQ Change+0.0%>999%-75.7%-45.2%>999%-6.4%-3.6%-110.2%>999%+2.8%-7.2%-5.5%+1.8%+17.2%-1.2%-13.3%-6.7%+16.2%
YoY Change+51.1%+64.4%+533.8%>999%-16.0%-7.6%-11.1%+923.1%-8.2%+4.6%+11.4%+2.1%-6.4%-7.2%
Range-$9.69M$105.28M
CAGR+84.3%
Avg YoY Growth+182.1%
Median YoY Growth+3.4%

Frequently Asked Questions

What is Nine Energy Service's accounts receivable?
Nine Energy Service (NINE) reported accounts receivable of $88.27M in Q1 2026.
How has Nine Energy Service's accounts receivable changed year-over-year?
Nine Energy Service's accounts receivable decreased by 7.2% year-over-year, from $95.12M to $88.27M.
What is the long-term trend for Nine Energy Service's accounts receivable?
Over 3 years (2021 to 2025), Nine Energy Service's accounts receivable has grown at a 62.4% compound annual growth rate (CAGR), from $80.93M to $346.53M.
What does accounts receivable mean?
The net amount of money owed by customers after accounting for potential non-payments.