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Westlake WLK Allowance for Doubtful Accounts Receivable (Current)

Allowance for Doubtful Accounts Receivable (Current) at other companies

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$1.91M-19.0%
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$1.9M

Other financials

Income statement

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Revenue$3.3B+10.8%
Gross profit$652.0M+153%
Operating income$364.0M+434%
Net income$260.0M+283%
EPS (diluted)$2.01+281%

Balance sheet

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Cash & equivalents$1.7B-21.0%
Total debt$5.9B+6.4%
Total equity$8.7B-15.3%
Total assets$19.4B-6.6%

Cash flow

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Operating cash flow$318.0M+136%
CapEx$207.0M-22.5%
Free cash flow-$303.0M+6.8%

Valuation

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Market cap$10.11B+2.5%
Enterprise value$14.32B+7.8%
P/S0.9×+0.1×

Profitability

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Gross margin9.6%-1.6pp
Operating margin-11%-11.9pp
Net margin-10.9%-11.6pp
FCF margin-4.6%-5.3pp

Returns & leverage

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Return on equity-13%-13.7pp
Debt / equity0.7×+0.1×
Current ratio2.5×0.0×

Where this comes from

Reported directly by Westlake in its filing.

Tagged under the XBRL concept us-gaap:AllowanceForDoubtfulAccountsReceivableCurrent.

The source filing: Westlake’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 2:27 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001262823-26-000032
Line itemJune 30,2026December 31,2025
Trade customers$1,716$1,254
Related parties22
Allowance for credit losses(26)(27)
1,6921,229
Federal and state taxes130158
Other141117
Accounts receivable, net$1,963$1,504

Item 1. Financial Statements

FAQ

What is Westlake's allowance for doubtful accounts receivable (current)?
Westlake (WLK) reported allowance for doubtful accounts receivable (current) of $26M in Q2 2026.
How has Westlake's allowance for doubtful accounts receivable (current) changed year-over-year?
Westlake's allowance for doubtful accounts receivable (current) decreased by 3.7% year-over-year, from $27M to $26M.
What is the long-term trend for Westlake's allowance for doubtful accounts receivable (current)?
Over 5 years (2020 to 2025), Westlake's allowance for doubtful accounts receivable (current) has grown at a 9.7% compound annual growth rate (CAGR), from $17M to $27M.
What does allowance for doubtful accounts receivable (current) mean?
This is the valuation allowance for current receivables that are considered uncollectible due to disputes, bankruptcy, or other non-payment issues. It serves as a buffer against potential losses from customer defaults. It is a critical indicator of the health of the company's accounts receivable portfolio.

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