S & U (LSE:SUS) Credit Losses Provision : £0.0 Mil (As of Jan. 2024)

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What is S & U Credit Losses Provision?

S & U's credit losses provision for the six months ended in Jan. 2024 was £0.0 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Jan. 2024 was £0.0 Mil.

S & U Credit Losses Provision Historical Data

The historical data trend for S & U's Credit Losses Provision 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.

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S & U Credit Losses Provision Chart

S & U Annual Data

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Credit Losses Provision

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S & U Semi-Annual Data
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Credit Losses Provision	Get a 7-Day Free Trial															-	-	-	-	-

S & U Credit Losses Provision Calculation

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.

Credit Losses Provision for the trailing twelve months (TTM) ended in Jan. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was £0.0 Mil.

S & U (LSE:SUS) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » S & U PLC (LSE:SUS) » Definitions » Credit Losses Provision

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SUSl:UK SUS.GB:UK 47IE.PFD:UK

Address

Cranmore Boulevard, 2 Stratford Court, Solihull, Birmingham, West Midlands, GBR, B90 4QT

Website

https://www.suplc.co.uk

S & U PLC is a UK-based company. It is engaged in providing motor finance and specialist lending services. The company has three business segments: Motor finance, Property bridging finance, and Central fiance. The majority of the revenue derives from the Motor finance segment which operates within the non-prime market sector, and acts as a supplier of specialist finance facilities, through motor dealers throughout the UK which facilitate the purchase of new and used cars, vans, motorbikes, and caravans. The company's finance products allow motor dealers across the UK to provide credit facilities.

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