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This excerpt taken from the MRVL 10-K filed Jul 2, 2007. Accounts
Receivable and Allowances. We perform ongoing credit evaluations of our
customers and adjust credit limits based upon payment history and the customers’
current credit worthiness, as determined by our review of their current credit
information. We continuously monitor payments from our customers and maintain a
provision for estimated credit losses based upon our historical experience and
any specific customer collection issues that we have identified. While such
credit losses have historically been within our expectations and the provisions
established, we cannot guarantee that we will continue to experience the same
credit loss rates that we have in the past. Since our accounts receivable are
concentrated in a relatively small number of customers, a significant change in
the liquidity or financial condition of any one of these customers could have a
material adverse impact on the realization of our accounts receivable and our
results of operations. The accounts receivable allowance recorded in our
consolidated financial statements as of January 27, 2007 is $3.6 million.
This excerpt taken from the MRVL 10-K filed Apr 13, 2006. Accounts Receivable and
Allowances. We
perform ongoing credit evaluations of our customers and adjust credit limits
based upon payment history and the customers’ current credit worthiness, as
determined by our review of their current credit information. We continuously
monitor payments from our customers and maintain a provision for estimated
credit losses based upon our historical experience and any specific customer
collection issues that we have identified. While such credit losses have
historically been within our expectations and the provisions established, we
cannot guarantee that we will continue to experience the same credit loss rates
that we have in the past. Since our accounts receivable are concentrated in a
relatively small number of customers, a significant change in the liquidity or
financial condition of any one of these customers could have a material adverse
impact on the realization of our accounts receivable and our results of
operations. The accounts receivable allowance recorded in our consolidated
financial statements as of January 31, 2006 is $3.0 million.
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