Provision (benefit) for other credit losses
RBC Bearings Provision (benefit) for other credit losses remained flat by 0.0% to $275.00K in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 8.3%, from $300.00K to $275.00K. Over 3 years (FY 2023 to FY 2026), Provision (benefit) for other credit losses shows an upward trend with a 11.2% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase in this provision suggests deteriorating credit quality among customers or counterparties, potentially signaling higher financial risk.
Detailed definition
The expense recognized to account for the estimated risk of non-payment or default on financial assets such as loans, re...
Peer comparison
Standard financial metric for companies with significant credit exposure.
other_provision_for_other_credit_lossesHistorical Data
| FY'23 | FY'24 | FY'25 | FY'26 | |
|---|---|---|---|---|
| Value | $800.00K | $200.00K | $1.20M | $1.10M |
| YoY Change | — | -75.0% | +500.0% | -8.3% |
Provision (benefit) for other credit losses at Other Companies
Frequently Asked Questions
- What is RBC Bearings's provision (benefit) for other credit losses?
- RBC Bearings (RBC) reported provision (benefit) for other credit losses of $275.00K in Q1 2026.
- How has RBC Bearings's provision (benefit) for other credit losses changed year-over-year?
- RBC Bearings's provision (benefit) for other credit losses decreased by 8.3% year-over-year, from $300.00K to $275.00K.
- What is the long-term trend for RBC Bearings's provision (benefit) for other credit losses?
- Over 3 years (2023 to 2026), RBC Bearings's provision (benefit) for other credit losses has grown at a 11.2% compound annual growth rate (CAGR), from $800.00K to $1.10M.
- What does provision (benefit) for other credit losses mean?
- The estimated cost of potential defaults or uncollectible debts.