Strattec Security STRT Standard and Extended Product Warranty Accrual, Decrease for Payments
Standard and Extended Product Warranty Accrual, Decrease for Payments at other companies
Other financials
Where this comes from
Reported directly by Strattec Security in its filing.
Tagged under the XBRL concept us-gaap:ProductWarrantyAccrualPayments.
The official record: Strattec Security’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Strattec Security's standard and extended product warranty accrual, decrease for payments?
- Strattec Security (STRT) reported standard and extended product warranty accrual, decrease for payments of $541K in Q1 2026.
- How has Strattec Security's standard and extended product warranty accrual, decrease for payments changed year-over-year?
- Strattec Security's standard and extended product warranty accrual, decrease for payments increased by 11.5% year-over-year, from $485K to $541K.
- What does standard and extended product warranty accrual, decrease for payments mean?
- This metric represents the actual cash outflows made by the company to satisfy warranty claims during the reporting period. It reflects the realized cost of supporting product quality and reliability commitments made to customers. Comparing this to the warranty accrual balance helps assess the adequacy of the company's warranty provisions.