Ally Financial ALLY Noninsurance Contracts — Deferred Sales Commission
Discontinued — last reported Q2 '19
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Where this comes from
Reported directly by Ally Financial in its filing.
Tagged under the XBRL concept us-gaap:DeferredSalesCommission.
The official record: Ally Financial’s 10-Q, filed August 1, 2019, on SEC EDGAR. View the filing →
Questions, answered.
- What does noninsurance contracts — deferred sales commission mean?
- The unamortized portion of sales commissions paid to acquire service contracts.
- How do you interpret noninsurance contracts — deferred sales commission?
- An increase suggests higher recent sales volume or longer contract terms, while a decrease may indicate lower acquisition activity or faster amortization.
- How does noninsurance contracts — deferred sales commission compare across companies?
- Similar to deferred acquisition costs (DAC) found in insurance and financial service firms.