Hints and tips:
...Vistra Energy announced at the end of December that it would buy out 76 per cent of its tax receivable agreement for $476mn, paid in preferred stock that is registered with the SEC and can be sold for cash...
...General Dynamics told investors last month that its “unbilled receivables” related to Ajax stood at “roughly $1.7bn” at the end of 2022 and that it expected payments to restart by the end of March....
...“You would think of future receivables as, I will pay my council tax bill every month and I know what it’s going to be, so that’s predictable future outgoing rather than a receivable....
...The outstanding receivable has, quite literally, transformed SoftBank’s chief from an asset into a liability....
...Accounts receivable at the biggest local PCR testing companies nearly doubled in September to $5.4bn....
...Subsequently, in 2018, Tether lent Bitfinex $625m after the exchange suffered the loss of $850m that it held with a Panamanian payment processor called Crypto Capital Corp....
...Regulators are also scrutinising the insurance that the lender has said is in place for its receivables....
...As of June 30, 2020 and December 31, 2019, the Company had $3 thousand and $51 thousand, respectively, outstanding in accounts receivable related to solar installation services....
...The MRC will also review its "partner and content monetisation policies", the rules brands and influencers have to comply with in order to make money from content, Facebook said....
...But servicers’ advances have not, so far, been included in the Fed’s TALF asset-financing programme, which is now buying securities backed by everything from credit-card receivables to student loans....
...In exchange, Enron received notes receivable from the Entities totaling approximately $827.6 million....
...At that time, the company had $6.5bn in assets, the majority of which was invested in so-called “receivables backed securities”, which are linked to the short-term corporate IOUs Greensill specialises in...
...One such processor was Panama-based Crypto Capital Corp....
...But less than three-quarters of these are being collected, leading to shortfalls and bloated receivables on operator balance sheets....
...quarterly report, with our emphasis: In June 2015, we entered into a senior asset-backed revolving credit agreement (the “Credit Agreement”) with a syndicate of banks... secured by certain of our accounts receivable...
...Mr Palmer acknowledged in his report that Square’s recent growth has been impressive, but that it is hardly immune from competition from the likes of First Data Corp’s Clover and Clover Go, a mobile debit...
...OneMain increased its assets rapidly last year, with quarter-end receivables rising from $13.2bn in March to a projected $14.8bn in December....
...Today regulators are forcing such products into the sunshine of the loan book from the murkier investment receivables category, forcing Minsheng and others like it to set aside more capital for these exposures...
...The problems were linked to revised assumptions on programme inventory and receivables for aerospace plants in North America — ironic given the subsequent introduction of the IFRS 15 accounting standard....
...its report, the three-member panel of outside lawyers and an accountant found lack of supervision by Fuji Xerox’s board over its subsidiaries, which failed to properly account for the recoverability of receivables...
...“It became necessary to review certain accounting practices at Fuji Xerox New Zealand, such as the recording and recoverability of receivables related to certain sales leasing transactions,” the company...
...Separately, Cabela’s also said it was selling its credit card operation – including its $5.2bn credit card receivables portfolio – to Capital One....
...What if assets such as credit card receivables, car loans or commercial real estate deteriorate more quickly? Could higher rates prompt a rise in defaults? Trends are still very benign....
...Last June, 55 per cent of all retail receivables at GM were from subprime consumers. Loan loss allowances have risen almost 15 per cent from a year earlier, according to filings....
...The deal would increase Lloyds’ share of the UK credit card market by receivables from 15 to 26 per cent, close to the share of market leader Barclaycard, which may raise competition issues....
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