Other

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
SectionOther
CategoryRisk
SignalLower is better
VolatilityStable
First reportedQ4 2022
Last reportedQ4 2025Jun 26, 2025

How to read this metric

An increasing allowance relative to receivables may signal deteriorating customer credit quality or a weakening economic environment.

Detailed definition

This is a contra-asset account that represents the estimated portion of accounts receivable that the company does not ex...

Peer comparison

Standard accounting practice; peers in similar industrial sectors typically maintain reserves proportional to their credit risk profile.

Metric ID: other_allowance_for_doubtful_accounts_receivable_current

Historical Data

4 periods
 Q4 '22Q4 '23Q4 '24Q4 '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%

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 money owed by customers that the company expects will not be paid.