Analysis of Bad Debts
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.
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General Motors Co. pages available for free this week:
- Analysis of Long-term (Investment) Activity Ratios
- Analysis of Reportable Segments
- Price to FCFE (P/FCFE)
- Dividend Discount Model (DDM)
- Selected Financial Data since 2010
- Operating Profit Margin since 2010
- Return on Assets (ROA) since 2010
- Price to Sales (P/S) since 2010
- Analysis of Debt
- Aggregate Accruals
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Allowance for Doubtful Accounts Receivable
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).
1 2023 Calculation
Allowance as a percentage of accounts and notes receivable, gross = 100 × Allowance ÷ 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. allowance as a percentage of accounts and notes receivable, gross decreased from 2021 to 2022 but then increased from 2022 to 2023 not reaching 2021 level. |
Allowance for Credit Losses
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).
1 2023 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. allowance as a percentage of gM Financial receivables decreased from 2021 to 2022 and from 2022 to 2023. |