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Microsoft Excel LibreOffice Calc

General Motors Co. (NYSE:GM)

Analysis of Bad Debts

Advanced level

Allowance for doubtful accounts receivable (bad debts) is a contra account which reduce the balance of the company’s 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 LibreOffice Calc
Dec 31, 2019 Dec 31, 2018 Dec 31, 2017 Dec 31, 2016 Dec 31, 2015
Selected Financial Data (US$ in millions)
Allowance for doubtful accounts and notes receivable
Accounts and notes receivable, gross
Financial Ratio
Allowance as a percentage of accounts and notes receivable, gross1

Based on: 10-K (filing date: 2020-02-05), 10-K (filing date: 2019-02-06), 10-K (filing date: 2018-02-06), 10-K (filing date: 2017-02-07), 10-K (filing date: 2016-02-03).

1 2019 Calculation
Allowance as a percentage of accounts and notes receivable, gross = 100 × Allowance for doubtful accounts and notes receivable ÷ Accounts and notes receivable, gross
= 100 × ÷ =

Financial ratio Description The company
Allowance as a percentage of accounts and notes receivable, gross Allowance for doubtful accounts divided by the gross accounts receivable. General Motors Co.’s allowance as a percentage of accounts and notes receivable, gross decreased from 2017 to 2018 and from 2018 to 2019.

Allowance for Credit Losses

Microsoft Excel LibreOffice Calc
Dec 31, 2019 Dec 31, 2018 Dec 31, 2017 Dec 31, 2016 Dec 31, 2015
Selected Financial Data (US$ in millions)
Allowance for loan losses
GM Financial receivables
Financial Ratio
Allowance as a percentage of gM Financial receivables1

Based on: 10-K (filing date: 2020-02-05), 10-K (filing date: 2019-02-06), 10-K (filing date: 2018-02-06), 10-K (filing date: 2017-02-07), 10-K (filing date: 2016-02-03).

1 2019 Calculation
Allowance as a percentage of gM Financial receivables = 100 × Allowance for loan losses ÷ GM Financial receivables
= 100 × ÷ =

Financial ratio Description The company
Allowance as a percentage of gM Financial receivables Allowance for credit losses divided by the gross financing receivable. General Motors Co.’s allowance as a percentage of gM Financial receivables decreased from 2017 to 2018 but then slightly increased from 2018 to 2019.