Current Assets

Income taxes receivable

nVent Electric plc Income taxes receivable decreased by 68.6% to $3.80M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 22.4%, from $4.90M to $3.80M. Over 5 years (FY 2020 to FY 2025), Income taxes receivable shows relatively stable performance with a -2.0% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryLiquidity
SignalHigher is better
VolatilityModerate
First reportedQ2 2015
Last reportedQ4 2025

How to read this metric

An increase may indicate overpayment of estimated taxes or the accrual of refundable credits, representing a potential source of near-term cash inflow.

Detailed definition

This represents the amount of income tax overpayments or refundable tax credits that the company expects to recover from...

Peer comparison

Common for large corporations that manage complex tax filings across multiple jurisdictions.

Metric ID: income_taxes_receivable

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$18.60M$17.20M$2.20M$5.10M$11.20M$15.60M$4.10M$10.00M$16.10M$19.80M$9.80M$7.00M$22.40M$27.40M$18.10M$4.90M$7.90M$7.60M$12.10M$3.80M
QoQ Change-7.5%-87.2%+131.8%+119.6%+39.3%-73.7%+143.9%+61.0%+23.0%-50.5%-28.6%+220.0%+22.3%-33.9%-72.9%+61.2%-3.8%+59.2%-68.6%
YoY Change-39.8%-9.3%+86.4%+96.1%+43.8%+26.9%+139.0%-30.0%+39.1%+38.4%+84.7%-30.0%-64.7%-72.3%-33.1%-22.4%
Range$2.20M$27.40M
CAGR-28.4%
Avg YoY Growth+15.8%
Median YoY Growth+8.8%

Income taxes receivable at Other Companies

Frequently Asked Questions

What is nVent Electric plc's income taxes receivable?
nVent Electric plc (NVT) reported income taxes receivable of $3.80M in Q1 2026.
How has nVent Electric plc's income taxes receivable changed year-over-year?
nVent Electric plc's income taxes receivable decreased by 22.4% year-over-year, from $4.90M to $3.80M.
What is the long-term trend for nVent Electric plc's income taxes receivable?
Over 5 years (2020 to 2025), nVent Electric plc's income taxes receivable has grown at a -2.0% compound annual growth rate (CAGR), from $13.40M to $12.10M.
What does income taxes receivable mean?
Tax refunds or credits owed to the company by government tax agencies.