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SPX Technologies SPXC Change in receivables

Change in receivables at other companies

Trane Technologies logo
Trane TechnologiesTT
$15.3M-66.1%
Carrier Global logo
Carrier GlobalCARR
$509M+40.6%
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Lennox InternationalLII
$73.6M+987%
IR
Ingersoll RandIR
-$59.7M-136%
Chart Industries logo
Chart IndustriesGTLS
-$25.1M-7.7%
Emerson Electric logo
Emerson ElectricEMR
$194M+7.2%

Other financials

Income statement

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Revenue$566.8M+17.4%
Gross profit$230.6M+17.7%
Operating income$87.7M+31.7%
Net income$59.9M+17.0%
EPS (diluted)$1.19+9.2%

Balance sheet

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Cash & equivalents$158.3M-13.1%
Total debt$697.6M-31.7%
Total equity$2.3B+58.3%
Total assets$3.9B+23.6%

Cash flow

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Operating cash flow$30.6M+381%
CapEx$18.5M+236%
Free cash flow$12.1M+174%

Valuation

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Market cap$12.16B+67.0%
Enterprise value$12.7B+54.3%
P/E48.1×+12.2×
P/S5.2×+1.5×

Profitability

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Gross margin40.5%-0.1pp
Operating margin15.8%+0.3pp
Net margin10.8%+0.6pp
FCF margin11.5%-0.1pp

Returns & leverage

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Return on equity13.6%-1.6pp
Debt / equity0.3×-0.4×
Current ratio2.1×+0.2×

Where this comes from

Reported directly by SPX Technologies in its filing.

Tagged under the XBRL concept us-gaap:IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets.

The official record: SPX Technologies’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is SPX Technologies's change in receivables?
SPX Technologies (SPXC) reported change in receivables of $17.9M in Q1 2026.
How has SPX Technologies's change in receivables changed year-over-year?
SPX Technologies's change in receivables decreased by 31.9% year-over-year, from $26.3M to $17.9M.
What is the long-term trend for SPX Technologies's change in receivables?
Over 2 years (2021 to 2024), SPX Technologies's change in receivables has grown at a -67.4% compound annual growth rate (CAGR), from $19.8M to -$2.1M.
What does change in receivables mean?
The change in cash owed to the company by customers for goods or services delivered.
How do you interpret change in receivables?
An increase in receivables relative to sales suggests slower collection cycles or potential credit risk, while a decrease indicates improved cash conversion.
How does change in receivables compare across companies?
Standard metric for all B2B companies; compared using Days Sales Outstanding (DSO) against industry peers.