Vertex, Inc. VERX Additions / (Releases)
Additions / (Releases) at other companies
Other financials
Where this comes from
Reported directly by Vertex, Inc. in its filing.
Tagged under the XBRL concept us-gaap:AllowanceForDoubtfulAccountsReceivablePeriodIncreaseDecrease.
The official record: Vertex, Inc.’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Vertex, Inc.'s additions / (releases)?
- Vertex, Inc. (VERX) reported additions / (releases) of $1.76M in Q1 2026.
- How has Vertex, Inc.'s additions / (releases) changed year-over-year?
- Vertex, Inc.'s additions / (releases) increased by 141.6% year-over-year, from $728K to $1.76M.
- What is the long-term trend for Vertex, Inc.'s additions / (releases)?
- Over 3 years (2021 to 2025), Vertex, Inc.'s additions / (releases) has grown at a 112.6% compound annual growth rate (CAGR), from $559K to -$5.37M.
- What does additions / (releases) mean?
- Represents the periodic adjustment to the valuation allowance for accounts receivable deemed uncollectible. This metric serves as a key indicator of credit risk and the effectiveness of the company's customer credit assessment processes.