Current Liabilities

Accounts receivable financing

Vistra Accounts receivable financing decreased by 38.8% to $750.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 30.7%, from $1.08B to $750.00M. Over 5 years (FY 2020 to FY 2025), Accounts receivable financing shows an upward trend with a 32.5% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryLiquidity
SignalLower is better
VolatilityModerate
First reportedQ4 2018
Last reportedQ1 2026

How to read this metric

Increased reliance on this financing can signal a need for immediate liquidity or a strategy to optimize working capital cycles.

Detailed definition

This reflects liabilities arising from the securitization of accounts receivable, where the company receives cash upfron...

Peer comparison

Used by companies with large retail customer bases to manage cash flow timing; common in utility and retail sectors.

Metric ID: current_liabilities_accounts_receivable_securitization_p_e5b298

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$661.00M$475.00M$0.00$500.00M$725.00M$625.00M$425.00M$600.00M$0.00$0.00$0.00$875.00M$750.00M$750.00M$750.00M$1.08B$1.13B$1.23B$1.23B$750.00M
QoQ Change-28.1%-100.0%+45.0%-13.8%-32.0%+41.2%-100.0%-14.3%+0.0%+0.0%+44.3%+4.0%+8.9%+0.0%-38.8%
YoY Change+9.7%+31.6%+20.0%-100.0%-100.0%-100.0%+45.8%+23.7%+50.0%+63.3%+63.3%-30.7%
Range$0.00$1.23B
CAGR+2.7%
Avg YoY Growth-1.9%
Median YoY Growth+21.8%

Frequently Asked Questions

What is Vistra's accounts receivable financing?
Vistra (VST) reported accounts receivable financing of $750.00M in Q1 2026.
How has Vistra's accounts receivable financing changed year-over-year?
Vistra's accounts receivable financing decreased by 30.7% year-over-year, from $1.08B to $750.00M.
What is the long-term trend for Vistra's accounts receivable financing?
Over 5 years (2020 to 2025), Vistra's accounts receivable financing has grown at a 32.5% compound annual growth rate (CAGR), from $300.00M to $1.23B.
What does accounts receivable financing mean?
Short-term debt obligations backed by the company's customer receivables.