Receivables Quotes

While we do not like to 'react' to information, given where Xerox has opened - we just do not believe there is much upside... ...We are also particularly concerned about an 'unexpected' receivables problem in Mexico that should hit EPS this quarter by up to 6 cents per share. This development calls into question management's systems and controls. - Benjamin Reitzes

We found some unexpected problems related to our customer receivables in Mexico, which we announced two weeks ago, and we have launched our own thorough internal investigation. We are fully cooperating with the SEC and will be in a position to provide more information when we release second-quarter earnings. - Christa Carone

The big standout was US cards -- weak even excluding the charge, due to margin compression and a big drop in receivables. - Glenn Schorr

That tends to cause accounts receivables that they report to us every quarter to be understated. - Sanjiv Hingorani

Running a credit-card portfolio is a banking business. Retailers make lousy bankers ... so receivables tend to be inert in their hands. - Theodore Iacobuzio

Our solid fourth quarter performance reflects our ongoing ability to execute consistent strategies for generating top-line growth, controlling costs and improving operational efficiency. We were successful in delivering a strong cash quarter as a result of our sharp focus on working capital improvements, particularly in accounts receivables and inventory reduction. - Mark P. Frissora

European debt purchasing and receivables management market leaders will generate strong interest in 2006 due to the expected growth potential of those markets over the next several years. In the U.S., small and mid-sized agencies that are specialized in fast-growing niche markets, such as the government, healthcare and commercial industries, will also be considered attractive acquisition targets by larger players that are in need of diversifying their service offerings and market focus. - Mark Russell