Our receivables are unbelievable.
Unlike mortgages, however, health care receivables are a dynamic, revolving pool of cash.
Receivables are essentially unsecured loans, so a debtor is indeed what a late payer is.
Say receivables are starting to shoot through the roof but customers aren't paying their bills.
Receivables are growing moss on thousands of small business balance sheets.
The indictment accused Mr. Stockman of orchestrating an effort to dupe lenders, exaggerating how much money the company was due in its accounts receivable so it could obtain more credit.
The period of 45 days for receivables is not unusual, but the inventory turn-over is projected to be slow due to a need to keep higher levels than was necessary only a few years ago.
The only catch was that factoring reseller receivables was risky.
Last year Jabil's receivables increased almost twice as much as sales; and as of the latest quarter, ending in February, receivables were a lofty 44% of sales.
Accounts receivable are the credit a firm gives its customers.
Alta Genetics has $12.6 million in accounts receivable, on $50 million in sales this year, so, on average, their accounts receivable are about a quarter of their revenue (12.6/50).
