Analysis of Bad Debts
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.
Paying user area
Try for free
Moderna Inc. pages available for free this week:
- Balance Sheet: Assets
- Common-Size Income Statement
- Common-Size Balance Sheet: Assets
- Analysis of Geographic Areas
- Common Stock Valuation Ratios
- Enterprise Value to EBITDA (EV/EBITDA)
- Dividend Discount Model (DDM)
- Present Value of Free Cash Flow to Equity (FCFE)
- Analysis of Revenues
- Aggregate Accruals
The data is hidden behind: . Unhide it.
Get full access to the entire website from $10.42/mo, or
get 1-month access to Moderna Inc. for $22.49.
This is a one-time payment. There is no automatic renewal.
We accept:
Allowance for Doubtful Accounts Receivable
Based on: 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), 10-K (reporting date: 2019-12-31).
1 2023 Calculation
Allowance as a percentage of accounts receivable, gross = 100 × Wholesalers chargebacks, discounts and fees ÷ Accounts receivable, gross
= 100 × ÷ =
- Accounts Receivable, Gross
- The accounts receivable, gross values exhibit significant fluctuations over the observed periods. Initially, there is a sharp increase from 5 million US dollars at the end of 2019 to 1,391 million US dollars in 2020, followed by a further rise to 3,175 million US dollars in 2021. Subsequently, there is a notable decline to 1,385 million US dollars in 2022, with a slight recovery to 1,584 million US dollars by the end of 2023. This pattern may indicate periods of increased credit sales or collection difficulties followed by attempts to manage receivables more effectively.
- Wholesalers Chargebacks, Discounts, and Fees
- A value is reported only for 2023 at 692 million US dollars, with no previous data available. This entry suggests the initiation or increased reporting of chargebacks, discounts, and fees associated with wholesalers in the latest year, potentially impacting net revenues or gross receivables.
- Allowance as a Percentage of Accounts Receivable, Gross
- The allowance percentage is presented only for 2023 at 43.69%. This relatively high allowance suggests a conservative approach towards potential uncollectible accounts, aligning with the substantial accounts receivable figure for that year and possibly reflecting risk management considerations related to credit exposure.