Accounts receivable have risen 22% faster than revenues, which puts return on capital under pressure.
It might get him out of the car wash and into an accounts receivable job.
If accounts receivable collections are under control, cashflow from operations should also increase as revenues grow.
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Big companies have plenty of banks willing to provide letters of credit or finance for accounts receivable.
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It seems quite possible to me that behind the growing Accounts Receivable lies yet more mis-reported revenue.
Are regulatory checks on the accounts receivable management industry in Canada more lax than they are in America?
Asset-based lenders extend loans that are backed by marketable securities, equipment, inventory, accounts receivable and other business assets.
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Between 2008 and 2010 there was a 37% increase in IRS levies on bank accounts, wages and accounts receivable.
Although there can be many other causes, improperly recognized revenue usually shows up in growth of accounts receivable (AR).
That means previously booked revenues will have to be reversed which were recorded in accounts receivable on the balance sheet.
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The site I write for, insideARM.com, is a primary news and information source for the accounts receivable management industry.
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With the growth comes risk: Accounts receivable have risen 22% faster than revenues, which puts return on capital under pressure.
Yet, to reduce accounts receivable, Goodyear has forced distributors to pay up in 30 days instead of the customary 60.
But many others are backed by everything from loans to developers to accounts receivable to valuables such as gold and jewels.
Tom Gavinski is vice president, Healthcare Division, at IC System, which has provided accounts receivable management services to its clients since 1938.
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The company added that cash to be realized from the reduction in accounts receivable and inventory from its recently closed Devens, Mass.
These so-called legacy applications constitute a seamless supply chain, a sophisticated customer experience, order management systems, accounts receivable systems, and so on.
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Today she initiated a new process with our Controller that will cause our past due accounts receivable to diminish and possibly disappear.
And the average accounts receivable days and the average inventory days have each increased to a smaller degree this year than in 2011.
Improvements in inventory levels, accounts receivable and working capital management--combined with an upturn in technology spending--bode well for Bell's future, according to Janjigian.
Michael Klozotsky is managing editor of insideARM.com, the most credible source of news and opinion for the professional accounts receivable management (ARM) industry.
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Mike Bevel is associate editor at insideARM.com, the most credible source of news and opinion for the professional accounts receivable management (ARM) industry.
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Patrick Lunsford is senior editor at insideARM.com, the most credible source of news and opinion for the professional accounts receivable management (ARM) industry.
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Interestingly, accounts receivable days for manufacturers is not high compared to other industries, so they do not necessarily have a long cash conversion cycle.
Accounts receivable days is a standard measure of the average number of days a company takes to collect payment on goods or services it sold.
Want to know what accounts receivable or investments were last year?
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They're the ones who, along with Anicom's SWATteam, will have to implement the new systems -- from inventory and accounts receivable to benefits and advertising.
For commercial loans, companies that are not bank eligible often turn to asset-backed lenders, pledging inventories and accounts receivable or leasing equipment rather than purchasing it.
Wintrust Financial Corp. is a bank holding company that provides banking services, trust and investment services, commercial insurance premium financing, short-term accounts receivable financing, and certain administrative services.
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