Stock Analysis on Net
Stock Analysis on Net

Baxter International Inc. (NYSE:BAX)

This company has been moved to the archive! The financial data has not been updated since August 4, 2016.

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, 2015 Dec 31, 2014 Dec 31, 2013 Dec 31, 2012 Dec 31, 2011
Selected Financial Data (US$ in millions)
Allowance for doubtful accounts 110 139 169 127 128
Accounts and other receivables, gross 2,017 3,069 3,296 2,706 2,743
Financial Ratio
Allowance as a percentage of accounts and other receivables, gross1 5.45% 4.53% 5.13% 4.69% 4.67%

Based on: 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31).

1 2015 Calculation
Allowance as a percentage of accounts and other receivables, gross = 100 × Allowance for doubtful accounts ÷ Accounts and other receivables, gross
= 100 × 110 ÷ 2,017 = 5.45%

Financial ratio Description The company
Allowance as a percentage of accounts and other receivables, gross Allowance for doubtful accounts divided by the gross accounts receivable. Baxter International Inc. allowance as a percentage of accounts and other receivables, gross decreased from 2013 to 2014 but then increased from 2014 to 2015 exceeding 2013 level.