trade receivables

Trade receivables are a fairly low risk asset due to their short duration.

The receivables owed by the company's customers are called trade receivables.

This issue arises most frequently in relation to trade receivables and cash in bank accounts.

- increase (decrease) in operating trade receivables (1)

The categories include stocks, bonds, options, trade receivables and payables, and in the case of financial institutions, loans and deposits.

In addition to car loans, they have included credit card receivables, leases for computers or cars, trade receivables and consumer loans.

Founded in 1891, it insures customers' trade receivables against excessive bad-debt losses stemming from insolvency of its customers.

In addition to backing by Mattel's trade receivables, the preferred stock is supported by Financial Security Assurance, an insurance firm.

The Mattel Funding Corporation is offering $62.5 million of money market preferred stock backed by trade receivables of its corporate parent, the toy manufacturer.

The acquisition included all inventories, trade receivables, factory and equipment in Nuevo Laredo, Mexico, and trademarks.

Credit card receivables, department store installment sales contracts, trucks, mobile homes, leases on cars and airplanes and trade receivables have been used as backing for debt securities.

There are many other cash-flow-producing assets, including manufactured housing loans, equipment leases and loans, aircraft leases, trade receivables, dealer floor plan loans, and royalties.

The preferred stock, expected to be rated triple-A, is backed by the trade receivables from Union Carbide and supported by a letter of credit from Credit Suisse.

The staff has addressed several issues regarding the application of APS 3 including the acceptability of netting certain costs, discounting of trade receivables and payables and capitalization of interest.

Many financial reports will state Receivables Turnover defined as Net Credit Account Sales / Trade Receivables; divide this value into the time period in days to get DSO.

If the chargor is able to deal with the asset, such as by drawing from the account in which charged funds are kept, or into which the proceeds of trade receivables are deposited, then the holder of the charge does not have effective control.

In most cases, trade receivables and trade payables can be stated at the amount expected to be received or paid; however, it is necessary to discount a receivable or payable with a substantial credit period (see for example IAS18.11 for accounting for revenue).

Robert Okabe, a senior analyst at Moody's, said that the movement for financing trade receivables in the commercial paper market was changing as banking companies sought to provide backup lines of credit that covered only a part of the commercial paper outstanding, rather than 100 percent.

At Citicorp, for example, the Commercial Industrial Trade Receivables Investment Company, with about $2.4 billion of commercial paper outstanding, and the Corporate Asset Funding Company, with $3.9 billion of paper, are backed by corporate receivables and a credit agreement with Citibank.