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GuruFocus has detected 1 Warning Sign with Consumer Portfolio Services Inc $CPSS.
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Consumer Portfolio Services Inc (NAS:CPSS)
Credit Losses Provision
$171.0 Mil (TTM As of Sep. 2016)

Consumer Portfolio Services Inc's credit losses provision for the three months ended in Sep. 2016 was $46.3 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Sep. 2016 was $171.0 Mil.

Consumer Portfolio Services Inc's quarterly credit losses provision increased from Mar. 2016 ($44.2 Mil) to Jun. 2016 ($44.4 Mil) and increased from Jun. 2016 ($44.4 Mil) to Sep. 2016 ($46.3 Mil).

Consumer Portfolio Services Inc's annual credit losses provision increased from Dec. 2013 ($76.9 Mil) to Dec. 2014 ($108.2 Mil) and increased from Dec. 2014 ($108.2 Mil) to Dec. 2015 ($142.6 Mil).


Definition

For each period of operations, banks may reserve a portion of their income to cover the possible non-performing loans. The amount of the Credit Losses Provision is dependent on the management's estimate of the load quality they have. The higher Credit Losses Provision is, the lower banks' reported income in. This does not affect banks' cash flow statement.

Consumer Portfolio Services Inc Credit Losses Provision for the trailing twelve months (TTM) ended in Sep. 2016 was 36.085 (Dec. 2015 ) + 44.197 (Mar. 2016 ) + 44.423 (Jun. 2016 ) + 46.262 (Sep. 2016 ) = $171.0 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Consumer Portfolio Services Inc Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
IS_CreditLossesProvision 0.00.0148.492.029.915.533.576.9108.2142.6

Consumer Portfolio Services Inc Quarterly Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
IS_CreditLossesProvision 25.627.331.433.435.737.436.144.244.446.3
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