Hooker Furnishings Corporation HOFT Allowance for Doubtful Accounts
Allowance for Doubtful Accounts at other companies
Other financials
Where this comes from
Reported directly by Hooker Furnishings Corporation in its filing.
Tagged under the XBRL concept us-gaap:AllowanceForDoubtfulAccountsReceivableCurrent.
The official record: Hooker Furnishings Corporation’s 10-Q, filed June 12, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Hooker Furnishings Corporation's allowance for doubtful accounts?
- Hooker Furnishings Corporation (HOFT) reported allowance for doubtful accounts of $5.02M in Q1 2026.
- How has Hooker Furnishings Corporation's allowance for doubtful accounts changed year-over-year?
- Hooker Furnishings Corporation's allowance for doubtful accounts increased by 5.2% year-over-year, from $4.77M to $5.02M.
- What is the long-term trend for Hooker Furnishings Corporation's allowance for doubtful accounts?
- Over 5 years (2021 to 2026), Hooker Furnishings Corporation's allowance for doubtful accounts has grown at a 17.3% compound annual growth rate (CAGR), from $2.34M to $5.19M.
- What does allowance for doubtful accounts mean?
- This is a contra-asset account representing the portion of accounts receivable that the company estimates will not be collected from customers. It serves as a buffer against potential credit losses and reflects the company's assessment of customer credit risk. A rising allowance relative to receivables may indicate deteriorating credit quality or increased collection challenges.