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Vestis VSTS Accounts Receivable, Allowance for Credit Loss, Writeoff

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Other financials

Income statement

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Revenue$659.4M-0.9%
Gross profit$173.7M-0.9%
Operating income$26.8M+412%
Net income$2.6M+109%
EPS (diluted)$0.02+110%

Balance sheet

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Cash & equivalents$50.3M+74.8%
Total debt$1.4B-1.8%
Total equity$867.2M-1.0%
Total assets$2.9B-1.2%

Cash flow

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Operating cash flow$58.3M+775%
CapEx$12.7M-6.1%
Free cash flow$45.6M+765%

Valuation

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Market cap$1.74B+10.4%
Enterprise value$3.07B+2.9%
P/S0.6×+0.1×

Profitability

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Gross margin26.1%-1.9pp
Operating margin3.2%-0.1pp
Net margin-0.6%
FCF margin3.6%-6.6pp

Returns & leverage

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Return on equity-2%
Debt / equity1.6×0.0×
Current ratio2.1×+0.3×

Where this comes from

Reported directly by Vestis in its filing.

Tagged under the XBRL concept us-gaap:AllowanceForDoubtfulAccountsReceivableWriteOffs.

The official record: Vestis’s 10-K, filed December 2, 2025, on SEC EDGAR. View the filing →

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Questions, answered.

What is Vestis's accounts receivable, allowance for credit loss, writeoff?
Vestis (VSTS) reported accounts receivable, allowance for credit loss, writeoff of $10.99M in Q3 2025.
How has Vestis's accounts receivable, allowance for credit loss, writeoff changed year-over-year?
Vestis's accounts receivable, allowance for credit loss, writeoff increased by 12.9% year-over-year, from $9.74M to $10.99M.
What does accounts receivable, allowance for credit loss, writeoff mean?
The total value of accounts receivable balances deemed uncollectible and removed from the balance sheet during the period. High levels of write-offs may indicate deteriorating credit quality among the customer base or ineffective credit management policies. This metric is a key indicator of credit risk and revenue realization efficiency.