944 billion of cash proceeds from Cardinal Health plus approximately $46 million of retained net receivables
3% of survey respondents' net receivables
, down 19.
Canadian BMO Financial Group, a subsidiary of Bank of Montreal (TSX: BMO), has said that it would acquire Diners Club North American franchise from US bank Citigroup (NYSE: C) for net receivables
of almost USD1bn (EUR668m) and some USD7.
6pc of net receivables
has been helped by the introduction of a new IT system to weed out high-risk borrowers.
One of the reasons for the sharp increase in profit this quarter was due to Infosys performing more of its projects offshore rather than onsite with the client, and CFO TV Mohandas Pai said: "We have pro-actively hedged our net receivables
to mitigate the impact of the rupee appreciation on our margins.
Generally, A/R financing companies will lend an amount equal to 85% of the net receivables
of nursing home operators, up to 180 days past due.
To enter into a joint venture, the manufacturer contributes equity based on a percentage of the net receivables
held by the venture.
Health care receivables securitizations are structured so that the health care providers sell their receivables to securitization vehicles and receive in cash an amount equal to a significant percentage of their net receivables
much faster than in the ordinary course of business, thus greatly improving cash flow and in many instances maximizing the recovery of their receivables.
A company with net receivables
in a foreign currency is susceptible to transaction losses from declines in the exchange rate.
The sales gain or loss is the difference between the sales price, adjusted for this accrual of estimated losses, and the recorded amount of net receivables
(gross receivables, including any fees or charges owed by the debtors included
At year-end 2009, interest-bearing net receivables
amounted to SEK 12.
31, 2014, Ford Credit s total net receivables
were $108 billion, compared with $100 billion at year-end 2013.