Garmin GRMN Accounts Receivable
Accounts Receivable at other companies
Other financials
Where this comes from
Reported directly by Garmin in its filing.
Tagged under the XBRL concept us-gaap:AccountsReceivableNetCurrent.
The official record: Garmin’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Garmin's accounts receivable?
- Garmin (GRMN) reported accounts receivable of $940.96M in Q1 2026.
- How has Garmin's accounts receivable changed year-over-year?
- Garmin's accounts receivable increased by 19.5% year-over-year, from $787.13M to $940.96M.
- What is the long-term trend for Garmin's accounts receivable?
- Over 5 years (2020 to 2025), Garmin's accounts receivable has grown at a 8.1% compound annual growth rate (CAGR), from $849.47M to $1.25B.
- What does accounts receivable mean?
- The amount of money customers owe the company for products already delivered.
- How do you interpret accounts receivable?
- A rising ratio relative to sales may signal collection issues or aggressive revenue recognition, while a stable ratio indicates healthy cash conversion cycles.
- How does accounts receivable compare across companies?
- Varies by industry; hardware manufacturers typically have shorter collection cycles than software-as-a-service providers.