Sales-type lease

(redirected from Sales-Type Leases)

Sales-type lease

The leasing out of a firm's own equipment, such as a printing company leasing its own presses, thereby competing with an independent leasing company.

Sales-Type Lease

A lease whereby a company rents its own assets that it needs to run its business. For example, an automobile factory may lease its machinery to another factory.

References in periodicals archive ?

29--namely, that CareFusion is consulting with the SEC about its accounting policy for sales-type leases in its Pyxis medication and supply dispensing product lines.

CareFusion further delays filing annual report

98, "Accounting for Leases: Sale-Leaseback Transactions Involving Real Estate, Sales-Type Leases of Real Estate, Definition of Lease Term, Initial Direct Costs of Direct Financing Leases.

Implementation of FAS 96: temporary differences - scheduling and reversals

The new credit rating category affords some flexibility while the company mitigates the negative impact to free cash flow generation through the intermediate-term from a significant cash outlay dedicated to capitalizing customer equipment on the balance sheet resulting from the shift to operating-type leases from sales-type leases in the U.

Fitch Downgrades Beckman Coulter's Ratings to 'BBB'

Total revenues, including sales of systems, contingent rental income and interest income on sales-type leases, increased 22.

China Recycling Energy Corporation Reports Second Quarter 2015 Financial Results

With the completion of management's review of its accounting for lease extensions accounted for as sales-type leases, and following consultation with the Office of the Chief Accountant of the SEC, the Company has determined that its method for accounting for sales-type leases is in accordance with generally accepted accounting principles and Statement of Financial Accounting Standards No.

CFNB Reports 40% Increase in Third Quarter Earnings, Filing of March 31, 2006 Form 10-Q; Restatement of Financials

subsidiary were incorrectly accounted for as sales-type leases, rather than operating leases.

Hypercom Corporation Announces Dismissal with Prejudice of Second Consolidated Amended Securities Class Action Complaint

In a current Report on Form 8-K dated May 26, 2006, the Company reported the change in accounting firms, advice from PwC that its position with respect to accounting for lease extensions as sales-type leases differs from the Company's historical method and updated its disclosure regarding the ongoing review and analysis of accounting matters.

CFNB Receives NASDAQ Delisting Notice Due to Delinquent Filing

In addition, proceeds from sales of lease property and sales-type leases were reported as operating cash flows instead of as investing cash flows.

CFNB Reports Preliminary Results for the Third Quarter; Delay in Filing Financial Statements

Guohua Ku, Chairman and CEO of CREG commented, "We are very happy to report solid growth in our interest income on sales-type leases and net income for the fourth quarter of 2014.

China Recycling Energy Corporation Reports Fourth Quarter and Full Year 2014 Financial Results

The complaint related to Hypercom's restatement of its financial statements for the first three quarters of 2004 because certain terminal leases generated by a Hypercom subsidiary in the United Kingdom were accounted for as sales-type leases, rather than operating leases.

Hypercom Corp. Announces Dismissal of Securities Class Action Complaint

For the full year of 2014, interest income on sales-type leases is anticipated to be US$26.

China Recycling Energy Corporation Issues Preliminary Fourth Quarter and Full Year 2014 Financial Highlights

Interest income on sales-type leases, which is a major and consistent regular revenue for the Company, was US$7.