Current Assets

Allowance for Doubtful Accounts Receivable (Current)

Broadridge Financial Solutions Allowance for Doubtful Accounts Receivable (Current) increased by 20.3% to $14.80M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 13.8%, from $13.00M to $14.80M. Over 4 years (FY 2021 to FY 2025), Allowance for Doubtful Accounts Receivable (Current) shows an upward trend with a 7.7% 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 2015
Last reportedQ3 2026Apr 30, 2026

How to read this metric

A significant increase relative to receivables may signal deteriorating customer credit quality or economic headwinds in specific markets.

Detailed definition

This is a contra-asset account representing the estimated amount of accounts receivable that the company expects will no...

Peer comparison

Standard across all industries; peers in the medical device sector typically maintain low levels unless operating in high-risk emerging markets.

Metric ID: allowance_for_doubtful_accounts_receivable_current

Historical Data

20 periods
 Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Value$9.30M$6.40M$5.80M$5.20M$6.80M$6.10M$5.90M$6.90M$7.20M$6.60M$6.60M$7.90M$9.70M$10.30M$12.70M$13.00M$12.50M$12.00M$12.30M$14.80M
QoQ Change-31.2%-9.4%-10.3%+30.8%-10.3%-3.3%+16.9%+4.3%-8.3%+0.0%+19.7%+22.8%+6.2%+23.3%+2.4%-3.8%-4.0%+2.5%+20.3%
YoY Change-26.9%-4.7%+1.7%+32.7%+5.9%+8.2%+11.9%+14.5%+34.7%+56.1%+92.4%+64.6%+28.9%+16.5%-3.1%+13.8%
Range$5.20M$14.80M
CAGR+10.3%
Avg YoY Growth+21.7%
Median YoY Growth+14.2%
Current Streak2 quarters growth

Frequently Asked Questions

What is Broadridge Financial Solutions's allowance for doubtful accounts receivable (current)?
Broadridge Financial Solutions (BR) reported allowance for doubtful accounts receivable (current) of $14.80M in Q1 2026.
How has Broadridge Financial Solutions's allowance for doubtful accounts receivable (current) changed year-over-year?
Broadridge Financial Solutions's allowance for doubtful accounts receivable (current) increased by 13.8% year-over-year, from $13.00M to $14.80M.
What is the long-term trend for Broadridge Financial Solutions's allowance for doubtful accounts receivable (current)?
Over 4 years (2021 to 2025), Broadridge Financial Solutions's allowance for doubtful accounts receivable (current) has grown at a 7.7% compound annual growth rate (CAGR), from $9.30M to $12.50M.
What does allowance for doubtful accounts receivable (current) mean?
The estimated portion of customer invoices that the company expects will never be paid.