What does allowance for credit losses mean?

This represents the non-cash charge taken against earnings to account for anticipated losses on receivables or other financial assets. It serves as a buffer for potential defaults by customers or counterparties. A significant change in this provision can indicate shifting credit risk profiles or changes in the company's collection efficiency.

Virco Manufacturing Corporation VIRC Allowance for credit losses

Allowance for credit losses at other companies

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$916.75K—

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$94.4K—

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$1.86M+96.3%

Unusual MachinesUMAC

$4.53K—

CBAK Energy Technology, Inc.CBAT

$48.82K+184%

Blink Charging Co.BLNK

$217K+352%

Other financials

Income statement

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Revenue$30.7M-9.1%

Gross profit$12.7M-20.8%

Operating income-$3.7M-3,794%

Net income-$2.8M-479%

EPS (diluted)-$0.18-460%

Balance sheet

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Cash & equivalents$3.7M+299%

Total debt$38.8M-6.1%

Total equity$102.4M-3.0%

Total assets$175.5M-4.5%

Cash flow

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Operating cash flow-$9.4M+50.8%

CapEx$699.0K-71.4%

Free cash flow-$10.1M+53.2%

Valuation

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Market cap$96.58M-26.3%

Enterprise value$131.61M-23.2%

P/E14.2×—

P/S0.5×0.0×

Profitability

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Gross margin39.6%-3.9pp

Operating margin12.8%—

Net margin10.7%+9.4pp

FCF margin14.3%+9.9pp

Returns & leverage

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Return on equity35.9%+31.3pp

Debt / equity0.4×0.0×

Current ratio2.7×-0.3×

Where this comes from

Reported directly by Virco Manufacturing Corporation in its filing.

Tagged under the XBRL concept us-gaap:ProvisionForOtherCreditLosses.

The official record: Virco Manufacturing Corporation’s 10-K, filed April 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Virco Manufacturing Corporation's allowance for credit losses?: Virco Manufacturing Corporation (VIRC) reported allowance for credit losses of $13.25K in Q4 2025.
What does allowance for credit losses mean?: This represents the non-cash charge taken against earnings to account for anticipated losses on receivables or other financial assets. It serves as a buffer for potential defaults by customers or counterparties. A significant change in this provision can indicate shifting credit risk profiles or changes in the company's collection efficiency.