What is Strattec Security's value added tax receivable?

Strattec Security (STRT) reported value added tax receivable of $9.94M in Q1 2026.

What does value added tax receivable mean?

This represents the amount of value-added tax (VAT) paid by the company on purchases that is recoverable from tax authorities. It reflects the company's position as a tax intermediary and serves as a short-term asset until the credit is realized or offset against tax liabilities.

Strattec Security STRT Value added tax receivable

Value added tax receivable at other companies

Digital TurbineAPPS

-$6.09M-1,051%

Deckers Outdoor CorporationDECK

$8.37M+25.0%

Freeport-McMoRan Inc.FCX

$666M+17.9%

Diebold NixdorfDBD

-$30.1M-162%

KEE

Keel Infrastructure Corp. Common StockKEEL

$1.07M-60.3%

W.P. Carey Inc.WPC

$10.33M-39.7%

Other financials

Income statement

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Revenue$137.6M-4.5%

Gross profit$22.7M-1.9%

Operating income$5.0M-28.8%

Net income$3.2M-40.0%

EPS (diluted)$0.78-40.9%

Balance sheet

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Cash & equivalents$107.0M+72.2%

Total debt$3.3M-20.5%

Total equity$240.5M+14.1%

Total assets$399.5M+3.1%

Cash flow

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Operating cash flow$11.4M-44.8%

CapEx$1.8M+49.8%

Free cash flow$9.7M-50.4%

Valuation

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Market cap$337.56M+45.9%

P/E13.5×+2.0×

P/S0.6×+0.2×

Profitability

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Gross margin16.8%+2.8pp

Operating margin5%+0.7pp

Net margin4.3%+0.7pp

FCF margin10%+0.4pp

Returns & leverage

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Return on equity11.1%+1.2pp

Debt / equity0×0.0×

Current ratio2.6×+0.3×

Where this comes from

Reported directly by Strattec Security in its filing.

Tagged under the XBRL concept us-gaap:ValueAddedTaxReceivable.

The official record: Strattec Security’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Strattec Security's value added tax receivable?: Strattec Security (STRT) reported value added tax receivable of $9.94M in Q1 2026.
What does value added tax receivable mean?: This represents the amount of value-added tax (VAT) paid by the company on purchases that is recoverable from tax authorities. It reflects the company's position as a tax intermediary and serves as a short-term asset until the credit is realized or offset against tax liabilities.