InvestorsHub Logo
Followers 31
Posts 4312
Boards Moderated 0
Alias Born 07/06/2006

Re: Wild-bill post# 27265

Thursday, 06/09/2016 7:13:02 PM

Thursday, June 09, 2016 7:13:02 PM

Post# of 29204
"During Fiscal 2015, we recorded approximately $7.1 million and $2.6 million with respect to the accounts receivable allowances from BPC and EMI, respectively." Seems to me those were the write offs they recorded. I'd forgotten about EMI, but I'm remembering that CPST touted the renewal of shipments to BPC and recovery of $ from them.
Anyway, I find it strange that they have no mention of those recoveries in FY 2016. I'll have to take another look at past report and pr's, but I'd swear they touted recoveries from BPC...maybe just the 15% markup?

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.