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.
An increasing allowance relative to receivables may signal deteriorating customer credit quality or a weakening economic environment.
This is a contra-asset account that represents the estimated portion of accounts receivable that the company does not ex...
Standard accounting practice; peers in similar industrial sectors typically maintain reserves proportional to their credit risk profile.
other_allowance_for_doubtful_accounts_receivable_current| 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% |