Strattec Security STRT Standard Product Warranty Accrual
Standard Product Warranty Accrual at other companies
Other financials
Where this comes from
Reported directly by Strattec Security in its filing.
Tagged under the XBRL concept us-gaap:ProductWarrantyAccrualClassifiedCurrent.
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 product warranty accrual?
- Strattec Security (STRT) reported standard product warranty accrual of $8.6M in Q1 2026.
- How has Strattec Security's standard product warranty accrual changed year-over-year?
- Strattec Security's standard product warranty accrual decreased by 19.9% year-over-year, from $10.75M to $8.6M.
- What is the long-term trend for Strattec Security's standard product warranty accrual?
- Over 4 years (2021 to 2025), Strattec Security's standard product warranty accrual has grown at a 1.4% compound annual growth rate (CAGR), from $8.43M to $8.9M.
- What does standard product warranty accrual mean?
- This represents the estimated liability for future costs associated with repairing or replacing products under standard warranty terms. It reflects the company's historical experience with product quality and serves as a key indicator of potential future cash outflows related to manufacturing or design defects.