Stock Analysis on Net
Stock Analysis on Net

Monster Beverage Corp. (NASDAQ:MNST)

This company has been moved to the archive! The financial data has not been updated since May 7, 2024.

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, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Selected Financial Data (US$ in thousands)
Allowance for doubtful accounts, sales returns and cash discounts 7,638 10,460 4,676 1,878 2,045
Accounts receivable, gross 1,201,602 1,026,663 901,334 667,890 542,375
Financial Ratio
Allowance as a percentage of accounts receivable, gross1 0.64% 1.02% 0.52% 0.28% 0.38%

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 × Allowance for doubtful accounts, sales returns and cash discounts ÷ Accounts receivable, gross
= 100 × 7,638 ÷ 1,201,602 = 0.64%

Financial ratio Description The company
Allowance as a percentage of accounts receivable, gross Allowance for doubtful accounts divided by the gross accounts receivable. Monster Beverage Corp. allowance as a percentage of accounts receivable, gross increased from 2021 to 2022 but then slightly decreased from 2022 to 2023 not reaching 2021 level.