Investor Relations

First Call Estimates Glossary

<< Back
Term
Accounts Receivable
Definition
Accounts Receivables represents changes in accounts receivable during the period. An increase in accounts receivable has a negative impact on cash flow from operating activities, and vice versa.
Term
Accounts Receivable - Trade, Gross
Definition
Accounts Receivable – Trade, Gross represents receivables from sales of trading assets (such as inventories) or from services provided. Trade accounts receivable are restricted to “current” assets, where “current” is defined as one year or one operating cycle of the company, whichever is longer. This information is classified as Accounts Receivable – Trade, Gross only when it is presented as such on the company’s balancesheet or in its notes.
Term
Accounts Receivable - Trade, Net
Definition
Accounts Receivable – Trade, Net represents claims held against customers for goods sold or services rendered as part of normal business operations.
Term
Accrued Expenses
Definition
Accrued Expenses represents operational expenses accrued, but not yet paid. As current liabilities, such expenses are expected to be paid within one year or one operating cycle, whichever is longer.
Term
Accrued Expenses
Definition
Accrued Expenses represents changes in accrued expenses during the period. An increase in accrued expenses has a positive impact on cash flow from operating activities, and vice versa. When not delineated separately, Accrued Expenses is classified as Accounts Payable/Accrued.
Term
Accrued Investment Income
Definition
Accrued Investment Income represents investment income accrued, but not yet received. Investment income in insurance companies is an integral part of operating revenue.
Term
Accrued Liabilities - Domestic
Definition
Cumulative net pension cost accrued in excess of the employer’s contributions for plans based in the company’s home country.
Term
Accrued Liabilities - Foreign
Definition
Cumulative net pension cost accrued in excess of the employer’s contributions for plans based in countries other than the company’s home country.
Term
Accrued Liabilities - Post-Retirement
Definition
Cumulative net pension cost accrued in excess of the employer’s contributions for Post-Retirement plans.
Term
Accumulated Depletion
Definition
Accumulated Depletion represents the accumulated value of erosion of land over its useful life. Accumulated Depletion has been used historically, but is being discontinued.