SmartRent SMRT Recovery Of Provision For Expected Credit Losses
Recovery Of Provision For Expected Credit Losses at other companies
Other financials
Where this comes from
Reported directly by SmartRent in its filing.
Tagged under the XBRL concept smrt:RecoveryOfProvisionForExpectedCreditLosses.
The official record: SmartRent’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is SmartRent's recovery of provision for expected credit losses?
- SmartRent (SMRT) reported recovery of provision for expected credit losses of -$196K in Q1 2026.
- How has SmartRent's recovery of provision for expected credit losses changed year-over-year?
- SmartRent's recovery of provision for expected credit losses decreased by 217.4% year-over-year, from $167K to -$196K.
- What does recovery of provision for expected credit losses mean?
- This metric reflects the reversal of reserves previously set aside for anticipated credit losses on trade receivables. It indicates that the actual credit risk has decreased or that collections have outperformed initial expectations. A recovery suggests improved customer credit quality and more effective accounts receivable management.