Discontinued — last reported Q2 '23

Business Segments · Payments for Restructuring

Commercial & Industrial Group — Payments for Restructuring

Snap-on Commercial & Industrial Group — Payments for Restructuring remained flat by 0.0% to $100.00K in Q2 2023 compared to the prior quarter. Year-over-year, this metric declined by 75.0%, from $400.00K to $100.00K.

Analysis

StatementSegment
CategoryEfficiency
SignalContext dependent
VolatilityModerate
First reportedQ1 2014
Last reportedQ2 2023Jul 20, 2023

How to read this metric

Higher payments indicate active execution of cost-saving or efficiency-driven organizational changes.

Detailed definition

This tracks the actual cash outflows made by the Commercial & Industrial segment to execute restructuring initiatives, s...

Peer comparison

Comparable to cash flow statement adjustments for restructuring payments in industrial segment reporting.

Metric ID: sna_segment_commercial_industrial_group_payments_for_restructuring

Historical Data

10 periods
 Q1 '21Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23
Value$300.00K$500.00K$300.00K$400.00K$500.00K$400.00K$900.00K$900.00K$100.00K$100.00K
QoQ Change+66.7%-40.0%+33.3%+25.0%-20.0%+125.0%+0.0%-88.9%+0.0%
YoY Change+66.7%-20.0%+200.0%+125.0%-80.0%-75.0%
Range$100.00K$900.00K
CAGR-38.6%
Avg YoY Growth+36.1%
Median YoY Growth+23.3%

Frequently Asked Questions

What is Snap-on's commercial & industrial group — payments for restructuring?
Snap-on (SNA) reported commercial & industrial group — payments for restructuring of $100.00K in Q2 2023.
How has Snap-on's commercial & industrial group — payments for restructuring changed year-over-year?
Snap-on's commercial & industrial group — payments for restructuring decreased by 75.0% year-over-year, from $400.00K to $100.00K.
What does commercial & industrial group — payments for restructuring mean?
The actual cash spent by the segment to carry out restructuring plans.