Provisions for losses on non-finance receivables
Snap-on Provisions for losses on non-finance receivables decreased by 15.0% to $5.10M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 12.1%, from $5.80M to $5.10M. Over 4 years (FY 2021 to FY 2025), Provisions for losses on non-finance receivables shows an upward trend with a 6.9% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
Rising provisions may signal weakening customer financial health or issues with billing and collection processes.
Detailed definition
This represents the provision for losses on receivables that are not related to formal financing activities, such as sta...
Peer comparison
Common across all B2B companies; peers with strong collection cycles typically maintain low, stable provisions.
operating_accounts_receivable_and_contract_receivable_cr_7d5b45Historical Data
| Q1 '21 | 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 | $2.60M | $5.50M | $4.40M | $3.80M | $3.80M | $2.90M | $4.60M | $5.50M | $5.00M | $3.80M | $6.20M | $4.20M | $4.90M | $6.90M | $6.00M | $5.00M | $5.80M | $3.90M | $5.60M | $6.00M | $5.10M |
| QoQ Change | — | +111.5% | -20.0% | -13.6% | +0.0% | -23.7% | +58.6% | +19.6% | -9.1% | -24.0% | +63.2% | -32.3% | +16.7% | +40.8% | -13.0% | -16.7% | +16.0% | -32.8% | +43.6% | +7.1% | -15.0% |
| YoY Change | — | — | — | — | +46.2% | -47.3% | +4.5% | +44.7% | +31.6% | +31.0% | +34.8% | -23.6% | -2.0% | +81.6% | -3.2% | +19.0% | +18.4% | -43.5% | -6.7% | +20.0% | -12.1% |
Provisions for losses on non-finance receivables at Other Companies
Frequently Asked Questions
- What is Snap-on's provisions for losses on non-finance receivables?
- Snap-on (SNA) reported provisions for losses on non-finance receivables of $5.10M in Q1 2026.
- How has Snap-on's provisions for losses on non-finance receivables changed year-over-year?
- Snap-on's provisions for losses on non-finance receivables decreased by 12.1% year-over-year, from $5.80M to $5.10M.
- What is the long-term trend for Snap-on's provisions for losses on non-finance receivables?
- Over 4 years (2021 to 2025), Snap-on's provisions for losses on non-finance receivables has grown at a 6.9% compound annual growth rate (CAGR), from $16.30M to $21.30M.
- What does provisions for losses on non-finance receivables mean?
- The estimated portion of non-loan customer invoices that the company expects will go unpaid.