Supplier credit

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Supplier credit

Self-financing of a supplier's operations. Also the agreement of a supplier of goods or services to deferred repayment terms.

Supplier Credit

An agreement between a supplier and a buyer whereby the supplier defers payment. That is, supplier credit occurs when the supplier accepts installment payments for the supplies he/she sells.
References in periodicals archive ?
Other investment, predominantly short-term supplier credits and other liabilities, have been rising since late 2014 and contributed $9.
Unethical labor practices In supply chain 36% Non-delivery of, or non-payment for, goods 32% Failure of manufacturing process/quality assurance 23% Transport disruption 23% Product recall 20% Failure to honour buyer or supplier credits 18% Wrongful calling of contractual bonds 18% Piracy 17% Failure of governance (fraud, bribery, corruption) 17% Failure to honour letters of credit or bank guarantees 12% Don't know/Not applicable/Other 8% Source: ACE Note: Table made from bar graph.
The government has already got non-concessional loans and supplier credits from China and India at the end of its tenure.
As the numbers above also confirm, firms will be forced to rely more heavily on retained earnings and supplier credits.
The review indicates GM erroneously booked the supplier credits as income in the year they were received rather than to future periods, GM said.
02 a share by a reduction of reserves for restructuring actions, bad debt, financing recoveries, and customer and supplier credits.
This helps retailers to improve cash-flow through speed and accuracy of processing so that supplier credits and debits can be processed more efficiently which has a significant effect on cash flow.
The high-end rug and broadloom supplier credits Howse with establishing the Installer Certification Program, which has trained more than 1,700 installers.
With a view to export earnings and the diversification of the national revenue base, the Nigerian Export & Import Bank (Nexim) may also provide supplier credits to finance ship construction and repairs.
The new alliance will combine audit recovery efforts that identify and recover supplier credits and customer overpayments with detailed spend analysis of purchasing card programs.
Lee particularly focused on the EPC tenderers financing proposals, such as full project-level non-recourse financing, recourse loans, and EPC supplier credits.
In connection with this strategic shift in business focus, which was substantially completed by the Company in the fourth quarter of 1998, the Company has determined that the value of certain assets related to its business activities with other distributors, including accounts receivable generated by the sale of products to such distributors and supplier credits related to the Company's purchase of products for these channels, has been impaired as a result of the Company's termination of the related business relationships.
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