Allowance for Credit Losses - Receivable (Current)
Snap-on Allowance for Credit Losses - Receivable (Current) increased by 1.2% to $25.10M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 0.4%, from $25.20M to $25.10M. Over 5 years (FY 2020 to FY 2025), Allowance for Credit Losses - Receivable (Current) shows relatively stable performance with a -1.1% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
An increase suggests deteriorating credit quality or a more conservative outlook on customer repayment, while a decrease may indicate improved collection efficiency or lower credit risk.
Detailed definition
This represents the management's estimate of the portion of current accounts receivable that will likely remain uncollec...
Peer comparison
Standard across industrial and financial services firms; peers typically maintain this as a percentage of total receivables.
allowance_for_credit_losses_receivable_currentHistorical Data
| Q1 '21 | 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 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $26.00M | $25.30M | $24.90M | $23.90M | $22.40M | $21.60M | $21.50M | $21.30M | $21.70M | $22.70M | $23.00M | $23.00M | $23.70M | $24.40M | $24.50M | $24.50M | $25.20M | $25.60M | $26.00M | $24.80M | $25.10M |
| QoQ Change | — | -2.7% | -1.6% | -4.0% | -6.3% | -3.6% | -0.5% | -0.9% | +1.9% | +4.6% | +1.3% | +0.0% | +3.0% | +3.0% | +0.4% | +0.0% | +2.9% | +1.6% | +1.6% | -4.6% | +1.2% |
| YoY Change | — | — | — | — | -13.8% | -14.6% | -13.7% | -10.9% | -3.1% | +5.1% | +7.0% | +8.0% | +9.2% | +7.5% | +6.5% | +6.5% | +6.3% | +4.9% | +6.1% | +1.2% | -0.4% |
Allowance for Credit Losses - Receivable (Current) at Other Companies
Frequently Asked Questions
- What is Snap-on's allowance for credit losses - receivable (current)?
- Snap-on (SNA) reported allowance for credit losses - receivable (current) of $25.10M in Q1 2026.
- How has Snap-on's allowance for credit losses - receivable (current) changed year-over-year?
- Snap-on's allowance for credit losses - receivable (current) decreased by 0.4% year-over-year, from $25.20M to $25.10M.
- What is the long-term trend for Snap-on's allowance for credit losses - receivable (current)?
- Over 5 years (2020 to 2025), Snap-on's allowance for credit losses - receivable (current) has grown at a -1.1% compound annual growth rate (CAGR), from $26.20M to $24.80M.
- What does allowance for credit losses - receivable (current) mean?
- The estimated amount of money owed to the company that is unlikely to be collected from customers.