| SUPPLEMENTAL FINANCIAL INFORMATION Accounts and other receivables
The following summarizes Valvoline’s accounts and other receivables in the Condensed Consolidated Balance Sheets as of:
| | | | | | | | | | | | | | | | (In millions) | | June 30
2026 | | September 30 2025 | | Current | | | | | | Trade | | $ | 89.2 | | | $ | 82.0 | | Notes receivable from franchisees | | 7.0 | | | 8.5 | | | Other | | 8.9 | | | 1.6 | | | Receivables, gross | | 105.1 | | | 92.1 | | | Allowance for credit losses | | (2.3) | | | (2.5) | | | Receivables, net | | $ | 102.8 | | | $ | 89.6 | | | | | | | Non-current (a) | | | | | | | | | | | Notes receivable | | $ | — | | | $ | 2.7 | | | Other | | 4.6 | | | 4.4 | | | Noncurrent notes receivable, gross | | 4.6 | | | 7.1 | | | Allowance for losses | | (0.1) | | | (2.8) | | | Noncurrent notes receivable, net | | $ | 4.5 | | | $ | 4.3 | | | | | | |
(a)Included in Other noncurrent assets within the Condensed Consolidated Balance Sheets. Revenue recognition
The following disaggregates the Company’s net revenues by timing of revenue recognized:
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three months ended
June 30 | | Nine months ended
June 30 | | | | | (In millions) | | 2026 | | 2025 | | 2026 | | 2025 | | Net revenues transferred at a point in time | | $ | 519.0 | | | $ | 416.1 | | | $ | 1,437.9 | | | $ | 1,191.9 | | | Franchised revenues transferred over time | | 25.6 | | | 22.9 | | | 72.3 | | | 64.6 | | | Net revenues | | $ | 544.6 | | | $ | 439.0 | | | $ | 1,510.2 | | | $ | 1,256.5 | |
The following table summarizes net revenues by category:
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three months ended
June 30 | | Nine months ended
June 30 | | | | | (In millions) | | 2026 | | 2025 | | 2026 | | 2025 | | Oil changes and related fees | | $ | 405.4 | | | $ | 319.3 | | | $ | 1,111.5 | | | $ | 912.0 | | | Non-oil changes and related fees | | 110.0 | | | 93.9 | | | 321.1 | | | 275.2 | | | Franchise fees and other | | 29.2 | | | 25.8 | | | 77.6 | | | 69.3 | | | Total | | $ | 544.6 | | | $ | 439.0 | | | $ | 1,510.2 | | | $ | 1,256.5 | | | | | | | | | | |
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