Stock Analysis on Net

Comcast Corp. (NASDAQ:CMCSA)

Analysis of Bad Debts

Microsoft Excel

Allowance for doubtful accounts receivable (bad debts) is a contra account which reduce the balance of the company gross accounts receivable. The relationship between the allowance and the balance in receivables should be relatively constant unless there is a change in the economy overall or a change in customer base.


Allowance for Doubtful Accounts Receivable

Microsoft Excel
Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Selected Financial Data (US$ in millions)
Allowance for credit losses 738 698 735 658 807
Receivables, gross 14,399 14,511 13,407 12,666 12,273
Financial Ratio
Allowance as a percentage of receivables, gross1 5.13% 4.81% 5.48% 5.20% 6.58%

Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).

1 2024 Calculation
Allowance as a percentage of receivables, gross = 100 × Allowance for credit losses ÷ Receivables, gross
= 100 × 738 ÷ 14,399 = 5.13%

Financial ratio Description The company
Allowance as a percentage of receivables, gross Allowance for doubtful accounts divided by the gross accounts receivable. Comcast Corp. allowance as a percentage of receivables, gross decreased from 2022 to 2023 but then slightly increased from 2023 to 2024.