Snap-on Change in receivables decreased by 80.6% to $17.10M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 48.8%, from $33.40M to $17.10M. Over 2 years (FY 2021 to FY 2023), Change in receivables shows a downward trend with a -18.0% CAGR. This is a positive signal — lower values indicate better performance for this metric.
An increase represents a use of cash, while a decrease represents a source of cash from improved collections.
This metric tracks the net change in accounts and other receivables during the reporting period, reflecting the differen...
Highly dependent on industry payment cycles; energy companies often see fluctuations based on seasonal demand and contract terms.
change_in_receivables| 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 | Q3 '24 | Q4 '24 | Q1 '25 | Q3 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $9.80M | $0.00 | $19.40M | $38.00M | $53.10M | $20.60M | $36.60M | $9.70M | $22.90M | $7.80M | $7.60M | $6.90M | $47.90M | $7.30M | $44.80M | $33.40M | $88.30M | $17.10M |
| QoQ Change | — | -100.0% | — | +95.9% | +39.7% | -61.2% | +77.7% | -73.5% | +136.1% | -65.9% | -2.6% | -9.2% | +594.2% | -84.8% | +513.7% | -25.4% | +164.4% | -80.6% |
| YoY Change | — | — | — | — | +441.8% | — | +88.7% | -74.5% | -56.9% | -62.1% | -79.2% | -28.9% | +109.2% | -3.9% | +549.3% | -30.3% | >999% | -48.8% |