Gates Industrial (GTES) Change in Receivables (2017 - 2026)
Gates Industrial's (GTES) quarterly Change in Receivables came in at $59.2 million in Q1 2026, up 25.16% year-on-year from $47.3 million in Q1 2025, and up 165.92% on a QoQ basis from -$89.8 million in Q4 2025.
Gates Industrial (GTES) Change in Receivables (2017 - 2026) Analysis & Trends
Gates Industrial (GTES) has 10 years of Change in Receivables data on file, last reported at $59.2 million in Q1 2026.
- On a quarterly basis, Change in Receivables rose 25.16% year-over-year to $59.2 million in Q1 2026; TTM through Mar 2026 was -$6.5 million, a 3350.0% decrease from a year earlier, with the FY2025 full-year figure at -$18.4 million, down 119.05% from the prior year.
- Change in Receivables for Q1 2026 stood at $59.2 million, up from -$89.8 million in the prior quarter.
- Over the last five years, Change in Receivables for GTES reached as high as $88.4 million in Q2 2022 and fell as low as -$89.8 million in Q4 2025.
- Historically, Change in Receivables has averaged $6.3 million across 5 years, with a median of $12.0 million in 2025.
- Across the five-year window, Change in Receivables sank 713.64% in 2022 and surged 173.15% in 2025, its largest moves.
- Year by year, Change in Receivables stood at -$17.9 million in 2022, then plunged by 282.68% to -$68.5 million in 2023, then increased by 20.44% to -$54.5 million in 2024, then tumbled by 64.77% to -$89.8 million in 2025, then soared by 165.92% to $59.2 million in 2026.
- Per Business Quant data, the three most recent Change in Receivables figures were $59.2 million in Q1 2026, -$89.8 million in Q4 2025, and $7.9 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 270.93 Bn | 257.81 Bn | 2.36 Bn | - |
| 2 | Eaton | 156.55 Bn | 155.79 Bn | 2.65 Bn | - |
| 3 | Parker-Hannifin | 124.04 Bn | 123.57 Bn | 2.02 Bn | 399.00 Mn |
| 4 | Cummins | 91.66 Bn | 88.48 Bn | 2.24 Bn | 678.00 Mn |
| 5 | Emerson Electric | 82.90 Bn | 81.11 Bn | 2.42 Bn | 194.00 Mn |
| 6 | Illinois Tool Works | 81.54 Bn | 80.71 Bn | 1.76 Bn | 165.00 Mn |
| 7 | Ametek | 55.40 Bn | 54.92 Bn | 717.56 Mn | - |
| 8 | Rockwell Automation | 51.78 Bn | 51.35 Bn | 1.13 Bn | 104.00 Mn |
| 9 | Ingersoll Rand | 32.99 Bn | 31.71 Bn | 792.40 Mn | -59.70 Mn |
| 10 | Gates Industrial | 6.83 Bn | 6.05 Bn | 338.00 Mn | 59.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 28, 2026 | 59.20 Mn |
| Mar 28, 2026 | 59.20 Mn |
| Dec 31, 2025 | -89.80 Mn |
| Dec 31, 2025 | -89.80 Mn |
| Sep 27, 2025 | 7.90 Mn |
| Sep 27, 2025 | 7.90 Mn |
| Jun 28, 2025 | 16.20 Mn |
| Jun 28, 2025 | 16.20 Mn |
| Mar 29, 2025 | 47.30 Mn |
| Mar 29, 2025 | 47.30 Mn |
| Dec 28, 2024 | -54.50 Mn |
| Dec 28, 2024 | -54.50 Mn |
| Sep 28, 2024 | -10.80 Mn |
| Sep 28, 2024 | -10.80 Mn |
| Jun 29, 2024 | 18.20 Mn |
| Jun 29, 2024 | 18.20 Mn |
| Mar 30, 2024 | 38.70 Mn |
| Mar 30, 2024 | 38.70 Mn |
| Dec 30, 2023 | -68.50 Mn |
| Dec 30, 2023 | -68.50 Mn |