Other

Allowance for doubtful accounts

STERIS Allowance for doubtful accounts increased by 7.4% to $29.10M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 30.1%, from $22.36M to $29.10M. Over 4 years (FY 2021 to FY 2025), Allowance for doubtful accounts shows an upward trend with a 21.1% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionOther
CategoryRisk
SignalLower is better
VolatilityStable
First reportedQ4 2025
Last reportedQ1 2026

How to read this metric

An increasing allowance relative to receivables may signal deteriorating customer credit quality or a weakening economic environment.

Detailed definition

This is a contra-asset account that represents the estimated portion of accounts receivable that the company does not ex...

Peer comparison

Standard accounting practice; peers in similar industrial sectors typically maintain reserves proportional to their credit risk profile.

Metric ID: other_allowance_for_doubtful_accounts_receivable_current

Historical Data

19 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$17.66M$18.41M$21.12M$24.37M$23.12M$22.20M$25.14M$23.43M$24.37M$27.12M$27.95M$22.98M$23.68M$24.48M$22.36M$24.40M$25.60M$27.10M$29.10M
QoQ Change+4.3%+14.7%+15.4%-5.1%-4.0%+13.3%-6.8%+4.0%+11.3%+3.1%-17.8%+3.0%+3.4%-8.7%+9.1%+4.9%+5.9%+7.4%
YoY Change+30.9%+20.6%+19.0%-3.9%+5.4%+22.2%+11.2%-1.9%-2.8%-9.7%-20.0%+6.2%+8.1%+10.7%+30.1%
Range$17.66M$29.10M
CAGR+11.7%
Avg YoY Growth+8.4%
Median YoY Growth+8.1%
Current Streak4 quarters growth

Frequently Asked Questions

What is STERIS's allowance for doubtful accounts?
STERIS (STE) reported allowance for doubtful accounts of $29.10M in Q4 2025.
How has STERIS's allowance for doubtful accounts changed year-over-year?
STERIS's allowance for doubtful accounts increased by 30.1% year-over-year, from $22.36M to $29.10M.
What is the long-term trend for STERIS's allowance for doubtful accounts?
Over 4 years (2021 to 2025), STERIS's allowance for doubtful accounts has grown at a 21.1% compound annual growth rate (CAGR), from $11.36M to $24.40M.
What does allowance for doubtful accounts mean?
The estimated amount of money owed by customers that the company expects will not be paid.