GARMIN LTD Accounts Receivable 2008-2026 | GRMN
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What is accounts receivable?
Accounts receivable represents money owed to the company by customers for goods or services already delivered but not yet paid for.
What is GARMIN LTD's current accounts receivable?
GARMIN LTD (GRMN) annual accounts receivable for 2025 was $1.25B, a 27.42% increase from 2024. GARMIN LTD accounts receivable for the quarter ending March 28, 2026 was $941.0M.
What was GARMIN LTD's accounts receivable in 2024?
GARMIN LTD annual accounts receivable for 2024 was $983.4M, a 20.63% increase from 2023.
What was GARMIN LTD's accounts receivable in 2023?
GARMIN LTD annual accounts receivable for 2023 was $815.2M, a 24.11% increase from 2022.
What is GARMIN LTD's 5-year accounts receivable CAGR?
GARMIN LTD accounts receivable grew at a compound annual growth rate (CAGR) of 8.08% from FY2020 to FY2025, going from $849.5M to $1.25B over 5 years.
Accounts Receivable History
Year-over-year comparison from 10-K annual reports
Key Statistics
Trend Direction
Growing
CAGR+8.1%
FY2020
$849.5M
→
FY2025
$1.25B
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5 years selected
Accounts Receivable History
| Period | Value | Change | Source |
|---|---|---|---|
| FY2025 | $1.25B | +27.4% | 10-K |
| FY2024 | $983.4M | +20.6% | 10-K |
| FY2023 | $815.2M | +24.1% | 10-K |
| FY2022 | $656.8M | -22.1% | 10-K |
| FY2021 | $843.4M | -0.7% | 10-K |
| FY2020 | $849.5M | +20.2% | 10-K |
| FY2019 | $706.8M | +24.0% | 10-K |
| FY2018 | $569.8M | -3.6% | 10-K |
| FY2017 | $590.9M | +12.1% | 10-K |
| FY2016 | $527.1M | -0.8% | 10-K |
| FY2015 | $531.5M | -6.8% | 10-K |
| FY2014 | $570.2M | +1.0% | 10-K |
| FY2013 | $564.6M | -6.5% | 10-K |
| FY2012 | $603.7M | -0.6% | 10-K |
| FY2011 | $607.5M | -18.7% | 10-K |
| FY2010 | $747.2M | -14.5% | 10-K |
| FY2009 | $874.1M | +17.9% | 10-K |
| FY2008 | $741.3M | - | 10-K |
Company: GARMIN LTDTicker: GRMNSector: OtherIndustry: Search, Detection, Navigation, Guidance, Aeronautical SysView company profile →