InvestorsHub Logo
Followers 16
Posts 2513
Boards Moderated 0
Alias Born 01/23/2004

Re: None

Tuesday, 07/10/2007 2:00:04 PM

Tuesday, July 10, 2007 2:00:04 PM

Post# of 174031
Quick ZYNX question....

Is anyone concerned about their ability to collect their receivables?

I'm just going through the most recent 10Q and noticed that their receivables as of 3/31/07 are $1.82 million and their allowance for "uncollectable" accounts is $1.49 million.

Don't know if I've ever seen such a ratio of uncollectable/receivables before...

Any input is appreciated...
Join InvestorsHub

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.