Discontinued — last reported Q1 '23

Current Assets

Allowance for Doubtful Accounts

Forgent Power Solutions Allowance for Doubtful Accounts increased by 35.4% to $3.05M in Q1 2026 compared to the prior quarter. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryRisk
SignalLower is better
VolatilityStable
First reportedQ4 2019
Last reportedQ1 2023

How to read this metric

An increase suggests rising credit risk or economic stress among the customer base.

Detailed definition

A contra-asset account that represents the estimated portion of accounts receivable that the company does not expect to...

Peer comparison

Standard across all utilities; levels are often influenced by regulatory mandates regarding service disconnection policies.

Metric ID: allowance_for_doubtful_accounts

Historical Data

3 periods
 Q2 '25Q4 '25Q1 '26
Value$1.86M$2.25M$3.05M
QoQ Change+21.2%+35.4%
Range$1.86M$3.05M
Current Streak2+ quarters growth

Frequently Asked Questions

What is Forgent Power Solutions 's allowance for doubtful accounts?
Forgent Power Solutions (FPS) reported allowance for doubtful accounts of $3.05M in Q1 2026.
What does allowance for doubtful accounts mean?
The estimated amount of customer debt that the company expects will not be paid.