Versigent VGNT Accounts Receivable
Accounts Receivable at other companies
Other financials
Where this comes from
Reported directly by Versigent in its filing.
Tagged under the XBRL concept us-gaap:AccountsReceivableNetCurrent.
The source filing: Versigent’s 10-Q, filed May 5, 2026.
- Filed
- May 5, 2026, 5:30 PM EDT
- Fiscal quarter
- Q1 FY2026
- Calendar quarter
- Q1 2026
- Accession
- 0002078008-26-000008
Versigent primarily utilizes historical loss and recovery data, combined with information on current economic conditions and reasonable and supportable forecasts to develop the estimate of the allowance for doubtful accounts in accordance with ASC Topic 326, Financial Instruments – Credit Losses (“ASC 326”). As of March 31, 2026 and December 31, 2025, the Company reported $1,829 million and $1,567 million, respectively, of accounts receivable, net of the allowances, which includes the allowance for doubtful accounts of $17 million for each period. Bad debt expense was de minimis during the three months ended March 31, 2026. During the three months ended March 31, 2025, the Company recorded bad debt expense of $7 million, primarily related to a certain local customer that ceased operations in China. Other changes in the allowance were not material for the quarter ended March 31, 2025. Generally, the Company does not require collateral for its accounts receivable.
ITEM 1. FINANCIAL STATEMENTS
FAQ
- What is Versigent's accounts receivable?
- Versigent (VGNT) reported accounts receivable of $1.83B in Q1 2026.
- What does accounts receivable mean?
- Amounts owed by customers for goods delivered or services performed, net of allowances for doubtful accounts. A key working capital component.
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