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Global Industrial GIC Allowance for Doubtful Accounts Receivable (Current)

Allowance for Doubtful Accounts Receivable (Current) at other companies

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$12.5M-14.4%

Other financials

Income statement

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Revenue$350.4M+9.2%
Gross profit$121.9M+8.7%
Operating income$20.6M+13.2%
Net income$16.6M+22.1%
EPS (diluted)$0.42+20.0%

Balance sheet

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Cash & equivalents$61.7M+58.2%
Total debt$99.2M+23.7%
Total equity$319.9M+11.1%
Total assets$581.1M+8.3%

Cash flow

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Operating cash flow$6.4M+88.2%
CapEx$800.0K+300%
Free cash flow$5.6M+75.0%

Valuation

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Market cap$1.52B+15.6%
Enterprise value$1.55B+23.6%
P/E20.2×+0.4×
P/S1.1×+0.1×

Profitability

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Gross margin35.5%+1.0pp
Operating margin7.1%+0.9pp
Net margin5.3%+0.7pp
FCF margin5.5%+2.0pp

Returns & leverage

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Return on equity24.7%+2.3pp
Debt / equity0.3×0.0×
Current ratio2.3×+0.2×

Where this comes from

Reported directly by Global Industrial in its filing.

Tagged under the XBRL concept us-gaap:AllowanceForDoubtfulAccountsReceivable.

The source filing: Global Industrial’s 10-Q, filed May 5, 2026.

Filed
May 5, 2026, 4:55 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001628280-26-030699
Balance at beginning of period$$2.3
Current period provision0.4
Write-offs - trade accounts receivable(0.4)
Balance at end of period$$2.3

Item 1. Financial Statements

FAQ

What is Global Industrial's allowance for doubtful accounts receivable (current)?
Global Industrial (GIC) reported allowance for doubtful accounts receivable (current) of $2.3M in Q1 2026.
How has Global Industrial's allowance for doubtful accounts receivable (current) changed year-over-year?
Global Industrial's allowance for doubtful accounts receivable (current) decreased by 23.3% year-over-year, from $3M to $2.3M.
What is the long-term trend for Global Industrial's allowance for doubtful accounts receivable (current)?
Over 5 years (2020 to 2025), Global Industrial's allowance for doubtful accounts receivable (current) has grown at a 6.2% compound annual growth rate (CAGR), from $1.7M to $2.3M.
What does allowance for doubtful accounts receivable (current) mean?
This is the valuation allowance for current receivables that are considered uncollectible due to disputes, bankruptcy, or other non-payment issues. It serves as a buffer against potential losses from customer defaults. It is a critical indicator of the health of the company's accounts receivable portfolio.

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