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Investing > Accounts Receivable
The following information is about Accounts Receivable.
Accounts Receivable Defined
A component of a corporation's current assets that consists of money owed to the corporation for services or merchandise it sold to customers. It is a key factor in examining a corporation's "liquidity"--its capacity to meet current obligations without receiving additional revenues.
See Also: Accounts Receivable Turnover Ratio; Asset; Balance Sheet; Liquidity
This definition is in context to Investing. See more contextual defintions for Accounts Receivable.
Cavco Industries Wants to Acquire Modular Home Unit of Fleetwood Enterprises
Published July 4, 2009, 5:07 pm, BuildingOnline
Cavco Industries, Inc. and Fleetwood Enterprises, Inc. announced that that they have signed an indication of interest in which Cavco and an investment partner, Third Avenue Trust Value Fund to purchase Fleetwood's manufactured housing business.
BDO (SA) Selects Maconomy"™s Tax, Audit and Accounting ERP Solution
Published July 2, 2009, 10:00 pm, CRM Today
Maconomy, the international supplier of ERP solutions for Professional Services Organizations (PSO), has signed a deal with the South African audit firm BDO Spencer Steward, a part of the world's fifth-largest accounting network. The deal includes an ERP solution for 480 users.
Smithfield Foods Secures New Credit Line
Published July 2, 2009, 12:16 pm, CattleNetwork.com
SMITHFIELD, Va., July 2 /PRNewswire-FirstCall/ -- Smithfield Foods, Inc. ( NYSE:SFD ) announced today that it has entered into a new $1 billion asset-based revolving credit facility with JPMorgan Chase Bank, N.A., as administrative agent.
BDO (SA) Selects Maconomy's Tax, Audit and Accounting Solution
Published July 2, 2009, 11:40 am, Business Wire via Yahoo! Finance
BOSTON----Maconomy, the international supplier of ERP solutions for Professional Services Organizations , has signed a deal with the South African audit firm BDO Spencer Steward, a part of the world's fifth-largest accounting network.
Smithfield Foods Secures New Credit Line, Completes $625 Million Senior Secured Notes Offering and Replaces Term Loan
Published July 2, 2009, 11:22 am, PR Newswire via Yahoo! Finance
Smithfield Foods, Inc. announced today that it has entered into a new $1 billion asset-based revolving credit facility with JPMorgan Chase Bank, N.A., as administrative agent. The new credit facility replaces the Company's previous U.S. revolving credit facility and it includes an option, subject to certain conditions, to increase available commitments to $1.3 billion in the future.
Pro-Fac Announces Dividend
Published July 2, 2009, 11:00 am, PR Newswire via Yahoo! Finance
Pro-Fac Cooperative, Inc. , an agricultural cooperative, today announced a $0.20 per share dividend, payable July 31, 2009, to shareholders of record of its Class A cumulative preferred stock at the close of business on July 15, 2009.
Talbots Completes Sale of J. Jill Assets
Published July 2, 2009, 7:41 am, Business Wire via Yahoo! Finance
HINGHAM, Mass.----The Talbots, Inc. today announced that it has completed its previously announced sale of the J. Jill brand business to Jill Acquisition LLC, an affiliate of Golden Gate Capital, a San Francisco-based private equity investment firm.
MSCI Inc. Reports Second Quarter 2009 Financial Results
Published July 2, 2009, 4:30 am, Business Wire via Yahoo! Finance
NEW YORK----MSCI Inc. , a leading global provider of investment decision support tools, including indices and portfolio risk and performance analytics, today announced results for the second quarter ended May 31, 2009.
Tortoise Energy Capital Corp. Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Update as of June ...
Published July 1, 2009, 3:34 pm, Business Wire via Yahoo! Finance
LEAWOOD, Kan.----Tortoise Energy Capital Corp. today announced that as of June 30, 2009, the company's unaudited total assets were approximately $485.2 million and its unaudited net asset value was $298.4 million, or $17.02 per share.
Tortoise Energy Infrastructure Corp. Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Update as ...
Published July 1, 2009, 3:33 pm, Business Wire via Yahoo! Finance
LEAWOOD, Kan.----Tortoise Energy Infrastructure Corp. today announced that as of June 30, 2009, the company's unaudited total assets were approximately $833.8 million and its unaudited net asset value was $506.6 million, or $21.55 per share.
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