SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : 3DO: Hot Games for Hot Machines (THDO)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Wolf 2 who wrote (3466)1/27/1999 5:03:00 PM
From: Bruce Prescott  Read Replies (1) of 4081
 
I noticed that accounts receivable are considerably higher this year compared to last March.

Does anybody know what effect this will have on the next quarter's report? Could accounts receivable be reduced by merchants returning unsold merchandise or receiving credits for mark downs necessary to get merchandise to sell?

I think someone said there were new accounting rules that prohibited companies from recording sales in accounts receivable for ordered but undelivered merchandise.

Hopefully, most of 3DO's accounts receivables reflect deliveries of BattleTanx (delivered after Christmas) and not other merchandise that did not sell at Christmas.

Bruce
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News