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PROG Holdings PRG Purchasing Power — Less: accounts receivable allowance
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Where this comes from
Reported directly by PROG Holdings in its filing.
Tagged under the XBRL concept us-gaap:AllowanceForDoubtfulAccountsReceivable.
The source filing: PROG Holdings’s 10-Q, filed April 29, 2026.
- Filed
- Apr 29, 2026, 9:26 AM EDT
- Fiscal quarter
- Q1 FY2026
- Calendar quarter
- Q1 2026
- Accession
- 0001808834-26-000066
| (in thousands) | March 31, 2026 | December 31, 2025 |
|---|---|---|
| Purchasing Power accounts receivable | ||
| Accounts receivable - acquired portfolio (at fair value) | 203,043 | — |
| Accounts receivable - post-acquisition portfolio | 99,760 | — |
| Less: allowance for credit losses - post-acquisition portfolio | (11,030) | — |
| Less: unearned interest income - post-acquisition portfolio | (1,338) | — |
| Client and miscellaneous receivables | 29,925 | — |
| Purchasing Power accounts receivable, net | 320,360 | — |
| Total accounts receivable, net | $387,586 | $74,228 |
ITEM 1.FINANCIAL STATEMENTS
FAQ
- What is PROG Holdings's purchasing power — less: accounts receivable allowance?
- PROG Holdings (PRG) reported purchasing power — less: accounts receivable allowance of -$11.03M in Q1 2026.
- What does purchasing power — less: accounts receivable allowance mean?
- Represents the contra-asset account used to reduce the gross accounts receivable balance to its estimated net realizable value. It accounts for anticipated uncollectible amounts from customers within the Purchasing Power segment. Monitoring this helps investors understand management's assessment of credit risk and the quality of the underlying asset base.
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