Omega Flex OFLX Allowance for Doubtful Accounts Receivable (Current)
Allowance for Doubtful Accounts Receivable (Current) at other companies
Other financials
Where this comes from
Reported directly by Omega Flex in its filing.
Tagged under the XBRL concept us-gaap:AllowanceForDoubtfulAccountsReceivableCurrent.
The official record: Omega Flex’s 10-Q, filed May 1, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Omega Flex's allowance for doubtful accounts receivable (current)?
- Omega Flex (OFLX) reported allowance for doubtful accounts receivable (current) of $817K in Q1 2026.
- How has Omega Flex's allowance for doubtful accounts receivable (current) changed year-over-year?
- Omega Flex's allowance for doubtful accounts receivable (current) increased by 3.9% year-over-year, from $786K to $817K.
- What is the long-term trend for Omega Flex's allowance for doubtful accounts receivable (current)?
- Over 5 years (2020 to 2025), Omega Flex's allowance for doubtful accounts receivable (current) has grown at a -5.3% compound annual growth rate (CAGR), from $1.12M to $857K.
- What does allowance for doubtful accounts receivable (current) mean?
- This is the valuation allowance for current receivables that are considered uncollectible due to disputes, bankruptcy, or other non-payment issues. It serves as a buffer against potential losses from customer defaults. It is a critical indicator of the health of the company's accounts receivable portfolio.