Allowance for Doubtful Accounts Receivable (Current)
General Mills Allowance for Doubtful Accounts Receivable (Current) 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 Receivable (Current) shows an upward trend with a 5.5% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
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.
allowance_for_doubtful_accounts_receivable_currentHistorical Data
| 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% |
Allowance for Doubtful Accounts Receivable (Current) at Other Companies
Frequently Asked Questions
- What is General Mills's allowance for doubtful accounts receivable (current)?
- General Mills (GIS) reported allowance for doubtful accounts receivable (current) of $33.20M in Q1 2025.
- What is the long-term trend for General Mills's allowance for doubtful accounts receivable (current)?
- Over 3 years (2022 to 2025), General Mills's allowance for doubtful accounts receivable (current) has grown at a 5.5% compound annual growth rate (CAGR), from $28.30M to $33.20M.
- What does allowance for doubtful accounts receivable (current) mean?
- The estimated portion of customer invoices that the company expects will never be paid.