Credit Risk in Trade Receivables and Concentration in Large Customers
First written in FY2018. 2 of 4 entries say "Mitigated", first in FY2019. Latest entry: FY2021.
Cresco moved to the "Worse" side of this theme in 2021, 2 years before the typical company in this theme (2023).
The whole theme swung hardest in 2017: 10 of 65 companies on the "Worse" side.
49 other companies' latest entry also says "Worsened".
- FY2021WorsenedAnnual report
「As of the consolidated balance sheet date for the current fiscal year, 18.0% of trade receivables were due from a specific major customer.」
The concentration of trade receivables among a specific major customer increased from 16.7% in the previous fiscal year to 18.0%, increasing the concentration of credit risk. - FY2020MitigatedAnnual report
「As of the consolidated balance sheet date for the current fiscal year, 16.7% of trade receivables were due from a specific major customer.」
The concentration of trade receivables among a specific major customer declined from 18.5% in the previous fiscal year to 16.7%, but credit risk remains concentrated. - FY2019MitigatedAnnual report
「As of the consolidated balance sheet date for the current fiscal year, 18.5% of trade receivables were due from a specific major customer.」
The concentration of trade receivables among a specific major customer declined from 20.3% in the previous fiscal year to 18.5%, but credit risk remains concentrated. - FY2018First statedAnnual report
「As of the consolidated balance sheet date for the current fiscal year, 20.3% of trade receivables were due from a specific major customer.」
Trade receivables are described as financial instruments exposed to customers' credit risk, with the concentration among a specific major customer stated at 20.3%.