AN » Topics » 2. RECEIVABLES, NET

This excerpt taken from the AN 10-K filed Feb 17, 2010.

2. RECEIVABLES, NET

The components of receivables, net of allowance for doubtful accounts, at December 31 are as follows:

 

         2009            2008    

Trade receivables

     $         85.4       $         96.3 

Manufacturer receivables

     103.4       103.5 

Other

     29.3       22.2 
             
     218.1       222.0 

Less: Allowances

     (3.9)      (5.7)
             
     214.2       216.3 

Contracts-in-transit and vehicle receivables

     171.2       141.4 

Income tax refundable (See Note 11)

     23.4       12.5 
             

Receivables, net

     $ 408.8       $ 370.2 
             

Contracts-in-transit and vehicle receivables represent receivables from financial institutions for the portion of the vehicle sales price financed by our customers.

"2. RECEIVABLES, NET" elsewhere:

Advance Auto Parts (AAP)
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