Discontinued — last reported Q1 '24
EGYPT — Accounts Receivable, Credit Loss Expense (Reversal)
International Flavors & Fragrances EGYPT — Accounts Receivable, Credit Loss Expense (Reversal) increased by 75.0% to $7.00M in Q1 2024 compared to the prior quarter. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
An increase in expense indicates deteriorating credit quality or higher default risk among regional customers, while a reversal suggests improved collection performance or a reduction in estimated credit risk.
Detailed definition
This metric represents the periodic charge or reversal recorded against income to account for the estimated uncollectibi...
Peer comparison
Peers typically report this as 'Provision for Doubtful Accounts' or 'Bad Debt Expense' within their regional segment disclosures, with levels generally correlating to the regional economic stability and customer credit profiles.
iff_segment_egypt_accounts_receivable_credit_loss_expense_reversalHistorical Data
| Q1 '23 | Q2 '23 | Q1 '24 | |
|---|---|---|---|
| Value | $9.00M | $4.00M | $7.00M |
| QoQ Change | — | -55.6% | +75.0% |
| YoY Change | — | — | -22.2% |
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Frequently Asked Questions
- What is International Flavors & Fragrances's egypt — accounts receivable, credit loss expense (reversal)?
- International Flavors & Fragrances (IFF) reported egypt — accounts receivable, credit loss expense (reversal) of $7.00M in Q1 2024.
- What does egypt — accounts receivable, credit loss expense (reversal) mean?
- The amount of money the company expects to lose from unpaid customer invoices in this specific region.