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Kelly Services KELYB Provision for Credit Losses

Provision for Credit Losses at other companies

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ManpowerGroup, Inc.MAN
$2.5M+66.7%
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$1.61M+30.8%
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$57K-17.4%
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$2.29M-70.5%
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$239K-39.5%
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PaychexPAYX
$16.9M+225%

Other financials

Income statement

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Revenue$1.0B-10.7%
Gross profit$196.4M-17.0%
Operating income-$5.1M-147%
Net income-$5.9M-202%
EPS (diluted)-$0.17-206%

Balance sheet

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Cash & equivalents$29.5M-14.5%
Total debt$183.9M-30.9%
Total equity$968.5M-21.9%
Total assets$2.3B-13.1%

Cash flow

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Operating cash flow-$25.4M-206%
CapEx$1.1M-56.0%
Free cash flow-$26.5M-224%

Valuation

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Market cap$624.05M+46.6%
Enterprise value$778.45M+18.4%
P/S0.2×+0.1×

Profitability

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Gross margin19.7%-0.8pp
Operating margin-2.1%-4.2pp
Net margin-6.4%-7.0pp
FCF margin1.6%

Returns & leverage

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Return on equity-24.1%-26.0pp
Debt / equity0.2×0.0×
Current ratio1.6×-0.1×

Where this comes from

Reported directly by Kelly Services in its filing.

Tagged under the XBRL concept us-gaap:ProvisionForDoubtfulAccounts.

The official record: Kelly Services’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Kelly Services's provision for credit losses?
Kelly Services (KELYB) reported provision for credit losses of $1.2M in Q1 2026.
How has Kelly Services's provision for credit losses changed year-over-year?
Kelly Services's provision for credit losses decreased by 60.0% year-over-year, from $3M to $1.2M.
What is the long-term trend for Kelly Services's provision for credit losses?
Over 2 years (2021 to 2024), Kelly Services's provision for credit losses has grown at a -75.0% compound annual growth rate (CAGR), from $1.6M to -$100K.
What does provision for credit losses mean?
Non-cash provision for expected loan losses, added back in operating cash flow since it's a reserve build, not a cash payment.