Allowance for Doubtful Accounts Receivable (Current)
Snap-on Allowance for Doubtful Accounts Receivable (Current) remained flat by 0.0% to $40.40M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 3.1%, from $39.20M to $40.40M. Over 5 years (FY 2020 to FY 2025), Allowance for Doubtful Accounts Receivable (Current) shows an upward trend with a 9.0% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
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.
allowance_for_doubtful_accounts_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 | $25.80M | $29.50M | $31.50M | $27.30M | $28.40M | $28.10M | $28.80M | $31.10M | $31.20M | $32.30M | $33.80M | $34.90M | $35.90M | $36.50M | $38.10M | $37.10M | $39.20M | $40.30M | $41.20M | $40.40M | $40.40M |
| QoQ Change | — | +14.3% | +6.8% | -13.3% | +4.0% | -1.1% | +2.5% | +8.0% | +0.3% | +3.5% | +4.6% | +3.3% | +2.9% | +1.7% | +4.4% | -2.6% | +5.7% | +2.8% | +2.2% | -1.9% | +0.0% |
| YoY Change | — | — | — | — | +10.1% | -4.7% | -8.6% | +13.9% | +9.9% | +14.9% | +17.4% | +12.2% | +15.1% | +13.0% | +12.7% | +6.3% | +9.2% | +10.4% | +8.1% | +8.9% | +3.1% |
Allowance for Doubtful Accounts Receivable (Current) at Other Companies
Frequently Asked Questions
- What is Snap-on's allowance for doubtful accounts receivable (current)?
- Snap-on (SNA) reported allowance for doubtful accounts receivable (current) of $40.40M in Q1 2026.
- How has Snap-on's allowance for doubtful accounts receivable (current) changed year-over-year?
- Snap-on's allowance for doubtful accounts receivable (current) increased by 3.1% year-over-year, from $39.20M to $40.40M.
- What is the long-term trend for Snap-on's allowance for doubtful accounts receivable (current)?
- Over 5 years (2020 to 2025), Snap-on's allowance for doubtful accounts receivable (current) has grown at a 9.0% compound annual growth rate (CAGR), from $26.30M to $40.40M.
- What does allowance for doubtful accounts receivable (current) mean?
- The estimated portion of customer invoices that the company expects will never be paid.