Discontinued — last reported Q1 '18
Allowance for Doubtful Accounts Receivable (Current)
nVent Electric plc Allowance for Doubtful Accounts Receivable (Current) increased by 13.1% to $15.50M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 9.9%, from $17.20M to $15.50M. Over 5 years (FY 2020 to FY 2025), Allowance for Doubtful Accounts Receivable (Current) shows an upward trend with a 17.2% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
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
| 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 | $5.80M | $6.00M | $6.70M | $7.90M | $9.30M | $9.90M | $9.90M | $15.80M | $15.10M | $15.50M | $15.00M | $15.70M | $17.10M | $13.40M | $14.30M | $17.20M | $15.60M | $15.70M | $13.70M | $15.50M |
| QoQ Change | — | +3.4% | +11.7% | +17.9% | +17.7% | +6.5% | +0.0% | +59.6% | -4.4% | +2.6% | -3.2% | +4.7% | +8.9% | -21.6% | +6.7% | +20.3% | -9.3% | +0.6% | -12.7% | +13.1% |
| YoY Change | — | — | — | — | +60.3% | +65.0% | +47.8% | +100.0% | +62.4% | +56.6% | +51.5% | -0.6% | +13.2% | -13.5% | -4.7% | +9.6% | -8.8% | +17.2% | -4.2% | -9.9% |
Allowance for Doubtful Accounts Receivable (Current) at Other Companies
Frequently Asked Questions
- What is nVent Electric plc's allowance for doubtful accounts receivable (current)?
- nVent Electric plc (NVT) reported allowance for doubtful accounts receivable (current) of $15.50M in Q1 2026.
- How has nVent Electric plc's allowance for doubtful accounts receivable (current) changed year-over-year?
- nVent Electric plc's allowance for doubtful accounts receivable (current) decreased by 9.9% year-over-year, from $17.20M to $15.50M.
- What is the long-term trend for nVent Electric plc's allowance for doubtful accounts receivable (current)?
- Over 5 years (2020 to 2025), nVent Electric plc's allowance for doubtful accounts receivable (current) has grown at a 17.2% compound annual growth rate (CAGR), from $6.20M to $13.70M.
- What does allowance for doubtful accounts receivable (current) mean?
- The estimated portion of customer invoices that the company expects will never be paid.