Current Assets
Allowance for Doubtful Accounts
General Mills Allowance for Doubtful Accounts increased by 32.8% to $33.20M in Q1 2025 compared to the prior quarter. Over 3 years (FY 2022 to FY 2025), Allowance for Doubtful Accounts shows an upward trend with a 5.5% CAGR. 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 2022
Last reportedQ4 2025Jun 26, 2025
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_accountsHistorical Data
4 periods
| Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 | |
|---|---|---|---|---|
| Value | $28.30M | $26.90M | $25.00M | $33.20M |
| QoQ Change | — | -4.9% | -7.1% | +32.8% |
| YoY Change | — | -4.9% | -7.1% | +32.8% |
Range$25.00M – $33.20M
Avg YoY Growth+6.9%
Median YoY Growth-4.9%
Allowance for Doubtful Accounts at Other Companies
Frequently Asked Questions
- What is General Mills's allowance for doubtful accounts?
- General Mills (GIS) reported allowance for doubtful accounts of $33.20M in Q1 2025.
- What is the long-term trend for General Mills's allowance for doubtful accounts?
- Over 3 years (2022 to 2025), General Mills's allowance for doubtful accounts has grown at a 5.5% compound annual growth rate (CAGR), from $28.30M to $33.20M.
- What does allowance for doubtful accounts mean?
- The estimated amount of customer debt that the company expects will not be paid.