Posted On: 02/12/2016 9:48:51 PM
Post# of 8802
Re: thurg00d420 #1602
Yeah you're correct, it is apart of business, but seems pretty high for a company this size..agree that all companies do writedown or write off receivables. Just would love to see companies a/r analysis schedules for outstanding receivables to ascertain what time frames they are using to consider some of these balances as uncollectible. Yesssss!!! g/a expense stood out like a soar thumb.. I think one time charge, they will see a significant decrease going forward and like you I think profitability wilk be attainable.
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