MOTORCAR PARTS OF AMERICA INC
For the period ended Mar 31, 2025. Filed Jun 9, 2025.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Jun 9, 2025
MPAA$7.72-26.6%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Schedule II — Valuation and Qualifying Accounts
Accounts Receivable—Allowance for credit losses
| Years EndedMarch 31, | Description | Balance atbeginning ofyear | Charge to(recovery of)bad debtsexpense | Amountswritten off | Balance atend ofyear |
|---|---|---|---|---|---|
| 2025 | Allowance for credit losses | $189,000 | $42,000 | $24,000 | $207,000 |
| 2024 | Allowance for credit losses | $339,000 | $(133,000) | $17,000 | $189,000 |
| 2023 | Allowance for credit losses | $375,000 | $108,000 | $144,000 | $339,000 |
Accounts Receivable—Allowance for customer-payment discrepancies
| Years EndedMarch 31, | Description | Balance atbeginning ofyear | Charge todiscrepanciesexpense | AmountsProcessed | Balance atend ofyear |
|---|---|---|---|---|---|
| 2025 | Allowance for customer-payment discrepancies | $1,206,000 | $1,507,000 | $948,000 | $1,765,000 |
| 2024 | Allowance for customer-payment discrepancies | $1,634,000 | $1,452,000 | $1,880,000 | $1,206,000 |
| 2023 | Allowance for customer-payment discrepancies | $1,375,000 | $2,112,000 | $1,853,000 | $1,634,000 |
Inventory—Allowance for excess and obsolete inventory
| Years EndedMarch 31, | Description | Balance atbeginning ofyear | Provision forexcess andobsoleteinventory | Amountswritten off | Balance atend ofyear |
|---|---|---|---|---|---|
| 2025 | Allowance for excess and obsolete inventory | $17,372,000 | $15,009,000 | $13,417,000 | $18,964,000 |
| 2024 | Allowance for excess and obsolete inventory | $16,436,000 | $16,233,000 | $15,297,000 | $17,372,000 |
| 2023 | Allowance for excess and obsolete inventory | $13,520,000 | $18,851,000 | $15,935,000 | $16,436,000 |
Deferred Tax Assets—Valuation allowance for deferred tax assets
| Years EndedMarch 31, · Description · Balance atbeginning ofyear · Charge toincome taxexpense · Charged toOther Accounts · Balance atend ofyear | ||||||
|---|---|---|---|---|---|---|
| 2025 | Valuation allowance for deferred tax assets | $45,399,000 | $6,834,000 | $ | - | $52,233,000 |
| 2024 | Valuation allowance for deferred tax assets | $7,619,000 | $37,780,000 | $ | - | $45,399,000 |
| 2023 | Valuation allowance for deferred tax assets | $6,816,000 | $803,000 | $ | - | $7,619,000 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.