Stock Analysis on Net
Stock Analysis on Net

AmerisourceBergen Corp. (NYSE:ABC)

This company has been moved to the archive! The financial data has not been updated since August 2, 2023.

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

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Sep 30, 2022 Sep 30, 2021 Sep 30, 2020 Sep 30, 2019 Sep 30, 2018 Sep 30, 2017
Selected Financial Data (US$ in thousands)
Allowances for returns and credit losses 1,626,729 1,356,684 1,417,308 1,222,906 1,036,333 1,050,361
Accounts receivable, gross 20,079,404 19,523,859 15,263,609 13,609,785 12,350,559 11,353,685
Financial Ratio
Allowance as a percentage of accounts receivable, gross1 8.10% 6.95% 9.29% 8.99% 8.39% 9.25%

Based on: 10-K (reporting date: 2022-09-30), 10-K (reporting date: 2021-09-30), 10-K (reporting date: 2020-09-30), 10-K (reporting date: 2019-09-30), 10-K (reporting date: 2018-09-30), 10-K (reporting date: 2017-09-30).

1 2022 Calculation
Allowance as a percentage of accounts receivable, gross = 100 × Allowances for returns and credit losses ÷ Accounts receivable, gross
= 100 × 1,626,729 ÷ 20,079,404 = 8.10%

Financial ratio Description The company
Allowance as a percentage of accounts receivable, gross Allowance for doubtful accounts divided by the gross accounts receivable. AmerisourceBergen Corp. allowance as a percentage of accounts receivable, gross decreased from 2020 to 2021 but then slightly increased from 2021 to 2022.