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World Acceptance (MEX:WRLD) Allowance For Loans And Lease Losses

: MXN-2,818 Mil (As of Dec. 2022)
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World Acceptance's Allowance For Loans And Lease Losses for the quarter that ended in Dec. 2022 was MXN-2,818 Mil.

World Acceptance's quarterly Allowance For Loans And Lease Losses declined from Jun. 2022 (MXN-3,131 Mil) to Sep. 2022 (MXN-3,136 Mil) but then increased from Sep. 2022 (MXN-3,136 Mil) to Dec. 2022 (MXN-2,818 Mil).

World Acceptance's annual Allowance For Loans And Lease Losses increased from Mar. 2020 (MXN-2,262 Mil) to Mar. 2021 (MXN-1,875 Mil) but then declined from Mar. 2021 (MXN-1,875 Mil) to Mar. 2022 (MXN-2,673 Mil).


World Acceptance Allowance For Loans And Lease Losses Historical Data

The historical data trend for World Acceptance's Allowance For Loans And Lease Losses can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

World Acceptance Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Allowance For Loans And Lease Losses
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1,581.33 -2,262.45 -1,874.89 -2,672.91 -2,263.09

World Acceptance Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Allowance For Loans And Lease Losses Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -2,672.91 -3,131.39 -3,135.77 -2,817.95 -2,263.09

World Acceptance Allowance For Loans And Lease Losses Calculation

Allowance For Loans And Lease Losses is a contra account sets aside as an allowance for bad loans.


World Acceptance Allowance For Loans And Lease Losses Related Terms

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World Acceptance (MEX:WRLD) Business Description

World Acceptance logo
Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » World Acceptance Corp (MEX:WRLD) » Definitions » Allowance For Loans And Lease Losses
Traded in Other Exchanges
Address
104 S. Main Street, Greenville, SC, USA, 29601
World Acceptance Corp operates a small-loan consumer finance business. The company offers short-term small installment loans, medium-term larger installment loans, related credit insurance and ancillary products and services to individuals. It also offers income tax return preparation services to its loan customers and other individuals.

World Acceptance (MEX:WRLD) Headlines

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