MOTORCAR PARTS OF AMERICA INC
For the period ended Mar 31, 2026. Filed Jun 8, 2026.
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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.
FY2026 · Filed Jun 8, 2026
MPAA$10.52+3.6%Stored close · as of Nov 6, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Schedule II — Valuation and Qualifying Accounts
Accounts Receivable—Allowance for credit losses
| Charge to | |||||
|---|---|---|---|---|---|
| Balance at · (recovery of) · Balance at | |||||
| Years Ended · beginning of · bad debts · Amounts · end of | |||||
| March 31, | Description | year | expense | written off | year |
| 2026 | Allowance for credit losses | $207,000 | $94,000 | $10,000 | $291,000 |
| 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 |
Accounts Receivable—Allowance for customer-payment discrepancies
| Balance at · Charge to · Balance at | |||||
|---|---|---|---|---|---|
| Years Ended · beginning of · discrepancies · Amounts · end of | |||||
| March 31, | Description | year | expense | Processed | year |
| 2026 | Allowance for customer-payment discrepancies | $1,765,000 | $570,000 | $703,000 | $1,632,000 |
| 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 |
Inventory—Allowance for excess and obsolete inventory
| Provision for | |||||
|---|---|---|---|---|---|
| Balance at · excess and · Balance at | |||||
| Years Ended · beginning of · obsolete · Amounts · end of | |||||
| March 31, | Description | year | inventory | written off | year |
| 2026 | Allowance for excess and obsolete inventory | $18,964,000 | $9,891,000 | $9,853,000 | $19,002,000 |
| 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 |
Deferred Tax Assets—Valuation allowance for deferred tax assets
| Balance at · Charge to · Balance at | ||||||
|---|---|---|---|---|---|---|
| Years Ended · beginning of · income tax · Charged to · end of | ||||||
| March 31, · Description · year · expense · Other Accounts · year | ||||||
| 2026 | Valuation allowance for deferred tax assets | $52,233,000 | $2,432,000 | $ | - | $54,665,000 |
| 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 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.