Stock Analysis on Net
Stock Analysis on Net

Deckers Outdoor Corp. (NYSE:DECK)

This company has been moved to the archive! The financial data has not been updated since February 5, 2024.

Analysis of Bad Debts

Microsoft Excel

Allowance for doubtful accounts receivable (bad debts) is a contra account which reduce the balance of the company gross accounts receivable. The relationship between the allowance and the balance in receivables should be relatively constant unless there is a change in the economy overall or a change in customer base.

Allowance for Doubtful Accounts Receivable

Microsoft Excel
Mar 31, 2023 Mar 31, 2022 Mar 31, 2021 Mar 31, 2020 Mar 31, 2019 Mar 31, 2018
Selected Financial Data (US$ in thousands)
Allowance for doubtful accounts 10,576 9,044 9,730 6,989 5,073 3,487
Trade accounts receivable, gross 312,087 311,732 225,448 192,585 183,675 147,191
Financial Ratio
Allowance as a percentage of trade accounts receivable, gross1 3.39% 2.90% 4.32% 3.63% 2.76% 2.37%

Based on: 10-K (reporting date: 2023-03-31), 10-K (reporting date: 2022-03-31), 10-K (reporting date: 2021-03-31), 10-K (reporting date: 2020-03-31), 10-K (reporting date: 2019-03-31), 10-K (reporting date: 2018-03-31).

1 2023 Calculation
Allowance as a percentage of trade accounts receivable, gross = 100 × Allowance for doubtful accounts ÷ Trade accounts receivable, gross
= 100 × 10,576 ÷ 312,087 = 3.39%

Financial ratio Description The company
Allowance as a percentage of trade accounts receivable, gross Allowance for doubtful accounts divided by the gross accounts receivable. Deckers Outdoor Corp. allowance as a percentage of trade accounts receivable, gross decreased from 2021 to 2022 but then slightly increased from 2022 to 2023.