nVent Electric plc Allowance for doubtful accounts 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 shows an upward trend with a 17.2% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
An increase suggests deteriorating credit quality among customers or a more conservative accounting estimate of collectability.
This represents the estimated portion of accounts receivable that the company expects will not be collected from custome...
Standard accounting practice for all companies extending credit to customers.
other_allowance_for_doubtful_accounts_receivable_current| 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 | $11.80M | $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% | -23.9% | +33.1% | +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% | +19.2% | -0.6% | +13.2% | -13.5% | +21.2% | +9.6% | -8.8% | +17.2% | -4.2% | -9.9% |