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Reliance Worldwide (Reliance Worldwide) Credit Losses Provision


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What is Reliance Worldwide Credit Losses Provision?

Credit Losses Provision only applies to banks.


Reliance Worldwide (Reliance Worldwide) Business Description

Traded in Other Exchanges
Address
140 William Street, Level 26, Melbourne, VIC, AUS, 3000
Reliance Worldwide designs, manufactures, and supplies branded plumbing products which are sold across North America, Asia-Pacific, and Europe. The company focuses on push-to-connect plumbing products, including fitting, pipes and valves, under its brands SharkBite, JG Speedfit, and EvoPex. Reliance's products are used in residential and commercial applications for the residential renovation, maintenance, and home improvement end-markets. Reliance sells around 45% of its products to plumbing wholesalers and merchants, 35% to hardware and home improvement retailers (including Home Depot, Lowe's, and Reece) and 20% to original equipment manufacturers of hot water systems.