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Current Assets

Customer Collateral Assets

Snap-on Customer Collateral Assets decreased by 2.7% to $64.4M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 9.4%, from $71.1M to $64.4M. Over 5 years (FY 2020 to FY 2025), Customer Collateral Assets shows a downward trend with a -3.3% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryRisk
SignalLower is better
VolatilityModerate
First reportedQ4 2014
Last reportedQ1 2026Apr 23, 2026

How to read this metric

Higher levels indicate increased credit risk exposure or a larger volume of financed customer transactions.

Detailed definition

Assets held by the company as security against credit extended to customers or for clearing activities. This is critical...

Peer comparison

Specific to companies with captive finance arms or dealer-financing models; rare in pure manufacturing.

Metric ID: customer_collateral_assets

Historical Data

21 periods
 Q1 '21Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$76.3M$78.3M$89.3M$80.7M$74.8M$77.5M$83.3M$73.8M$72.5M$73.7M$76M$73.3M$73.7M$76.8M$79.2M$70.9M$71.1M$72.1M$73.8M$66.2M$64.4M
QoQ Change+2.6%+14.0%-9.6%-7.3%+3.6%+7.5%-11.4%-1.8%+1.7%+3.1%-3.6%+0.5%+4.2%+3.1%-10.5%+0.3%+1.4%+2.4%-10.3%-2.7%
YoY Change-2.0%-1.0%-6.7%-8.6%-3.1%-4.9%-8.8%-0.7%+1.7%+4.2%+4.2%-3.3%-3.5%-6.1%-6.8%-6.6%-9.4%
Range$64.4M$89.3M
CAGR-3.3%
Avg YoY Growth-3.6%
Median YoY Growth-3.5%
Current Streak2 quarters decline

Frequently Asked Questions

What is Snap-on's customer collateral assets?
Snap-on (SNA) reported customer collateral assets of $64.4M in Q1 2026.
How has Snap-on's customer collateral assets changed year-over-year?
Snap-on's customer collateral assets decreased by 9.4% year-over-year, from $71.1M to $64.4M.
What is the long-term trend for Snap-on's customer collateral assets?
Over 5 years (2020 to 2025), Snap-on's customer collateral assets has grown at a -3.3% compound annual growth rate (CAGR), from $78.4M to $66.2M.
What does customer collateral assets mean?
Assets held as security to protect the company against customer payment defaults.