IDC » Topics » Accounts Receivable, Concentration of Credit Risk and Uncertainties

This excerpt taken from the IDC 10-K filed Feb 28, 2007.

Accounts Receivable, Concentration of Credit Risk and Uncertainties

The Company is subject to credit risk through trade receivables. Credit risk with respect to trade receivables is mitigated by the diversification of the Company’s operations, as well as its large customer base and its geographical dispersion. No single customer accounts for more than 10% of revenue or more than 10% of accounts receivable for any period presented. Ongoing credit evaluations of customers’ financial condition are performed although collateral is not required. The Company maintains reserves for potential credit losses and such losses, in the aggregate, have not exceeded management’s previously established estimates. At December 31, 2006, the Company believes that it had no significant concentrations of credit risk.

This excerpt taken from the IDC 10-K filed Mar 14, 2006.
Accounts Receivable, Concentration of Credit Risk and Uncertainties
 
The Company is subject to credit risk through trade receivables. Credit risk with respect to trade receivables is mitigated by the diversification of the Company’s operations, as well as its large customer base and its geographical dispersion. No single customer accounts for more than 10% of revenue or more than 10% of accounts receivable for any period presented. Ongoing credit evaluations of customers’ financial conditions are performed although collateral is not required. The Company maintains reserves for potential credit losses and such losses, in the aggregate, have not exceeded management’s previously established estimates. At December 31, 2005, the Company believes that it had no significant concentrations of credit risk.
 

EXCERPTS ON THIS PAGE:

10-K
Feb 28, 2007
10-K
Mar 14, 2006
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