Western Digital (WDC)

 

The Company designs, develops, manufactures and markets hard drives to computer manufacturers, resellers and retailers throughout the world. The Company performs ongoing credit evaluations of its customers’ financial condition and generally requires no collateral. The Company maintains allowances for potential credit losses, and such losses have historically been within management’s expectations. At any given point in time, the total amount outstanding from any one of a number of its customers may be individually significant to the Company’s financial results. At June 27, 2008 and June 29, 2007, the Company had reserves for potential credit losses of $8 million and $5 million, respectively, and net accounts receivable of $1.0 billion and $697 million, respectively. The Company also has cash equivalent and investment policies that limit the amount of credit exposure to any one financial institution or investment instrument and require that investments be made only with financial institutions or in investment instruments evaluated as highly credit-worthy.

 

 

The Company designs, develops, manufactures and markets hard
drives to computer manufacturers, resellers and retailers
throughout the world. The Company performs ongoing credit
evaluations of its customers’ financial condition and
generally requires no collateral. The Company maintains
allowances for potential credit losses, and such losses have
historically been within management’s expectations. At any
given point in time, the total amount outstanding from any one
of a number of its customers may be individually significant to
the Company’s financial results. At June 27, 2008 and
June 29, 2007, the Company had reserves for potential
credit losses of $8 million and $5 million,
respectively, and net accounts receivable of $1.0 billion
and $697 million, respectively. The Company also has cash
equivalent and investment policies that limit the amount of
credit exposure to any one financial institution or investment
instrument and require that investments be made only with
financial institutions or in investment instruments evaluated as
highly credit-worthy.

 

 

The Company designs, develops, manufactures and markets hard drives to computer manufacturers, resellers and retailers throughout the world. The Company performs ongoing credit evaluations of its customers’ financial condition and generally requires no collateral. The Company maintains allowances for potential credit losses, and such losses have historically been within management’s expectations. At any given point in time, the total amount outstanding from any one of a number of its customers may be individually significant to the Company’s financial results. At June 29, 2007 and June 30, 2006, the Company had reserves for potential credit losses of $5 million and $5 million, respectively, and net

 

The Company designs, develops, manufactures and markets hard drives to computer manufacturers, resellers and retailers throughout the world. The Company performs ongoing credit evaluations of its customers’ financial condition and generally requires no collateral. The Company maintains allowances for potential credit losses, and such losses have historically been within management’s expectations. At any given point in time, the total amount outstanding from any one of a number of its customers may be individually significant to the Company’s financial results. At June 30, 2006 and July 1, 2005, the Company had reserves for potential credit losses of $4.6 million and $3.0 million, respectively. The Company also has cash equivalent and short-term investment policies that limit the amount of credit exposure to any one financial institution or investment instrument and require that investments be made only with financial institutions or in investment instruments evaluated as highly credit-worthy.