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Current Assets

Allowance for Credit Losses on Financing Receivables

Snap-on Allowance for Credit Losses on Financing Receivables decreased by 1.3% to $55.3M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 0.2%, from $55.2M to $55.3M. Over 5 years (FY 2020 to FY 2025), Allowance for Credit Losses on Financing Receivables shows relatively stable performance with a -1.1% CAGR.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
First reportedQ4 2017
Last reportedQ1 2026Apr 23, 2026
Metric ID: financing_receivable_allowance_for_credit_losses

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$58.5M$56M$53.4M$51.8M$47.8M$46.9M$45.5M$46.2M$47.5M$48.9M$49.5M$51.5M$52.9M$53.5M$53.4M$54.7M$55.2M$55.8M$55.8M$56M$55.3M
QoQ Change-4.3%-4.6%-3.0%-7.7%-1.9%-3.0%+1.5%+2.8%+2.9%+1.2%+4.0%+2.7%+1.1%-0.2%+2.4%+0.9%+1.1%+0.0%+0.4%-1.3%
YoY Change-18.3%-16.3%-14.8%-10.8%-0.6%+4.3%+8.8%+11.5%+11.4%+9.4%+7.9%+6.2%+4.3%+4.3%+4.5%+2.4%+0.2%
Range$45.5M$58.5M
CAGR-1.1%
Avg YoY Growth+0.8%
Median YoY Growth+4.3%

Frequently Asked Questions

What is Snap-on's allowance for credit losses on financing receivables?
Snap-on (SNA) reported allowance for credit losses on financing receivables of $55.3M in Q1 2026.
How has Snap-on's allowance for credit losses on financing receivables changed year-over-year?
Snap-on's allowance for credit losses on financing receivables increased by 0.2% year-over-year, from $55.2M to $55.3M.
What is the long-term trend for Snap-on's allowance for credit losses on financing receivables?
Over 5 years (2020 to 2025), Snap-on's allowance for credit losses on financing receivables has grown at a -1.1% compound annual growth rate (CAGR), from $59.1M to $56M.