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Garmin (GRMN) Receivables: 2009-2024

Historic Receivables for Garmin (GRMN) over the last 15 years, with Dec 2024 value amounting to $1.1 billion.

  • Garmin's Receivables rose 3.64% to $955.6 million in Q3 2025 from the same period last year, while for Sep 2025 it was $3.9 billion, marking a year-over-year increase of 14.75%. This contributed to the annual value of $1.1 billion for FY2024, which is 17.86% up from last year.
  • According to the latest figures from FY2024, Garmin's Receivables is $1.1 billion, which was up 17.86% from $952.6 million recorded in FY2023.
  • Garmin's Receivables' 5-year high stood at $1.1 billion during FY2024, with a 5-year trough of $783.6 million in FY2022.
  • For the 3-year period, Garmin's Receivables averaged around $953.0 million, with its median value being $952.6 million (2023).
  • Per our database at Business Quant, Garmin's Receivables fell by 19.44% in 2022 and then grew by 21.56% in 2023.
  • Yearly analysis of 5 years shows Garmin's Receivables stood at $986.3 million in 2020, then decreased by 1.37% to $972.7 million in 2021, then declined by 19.44% to $783.6 million in 2022, then increased by 21.56% to $952.6 million in 2023, then climbed by 17.86% to $1.1 billion in 2024.