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Port of Pensacola still battles past due receivables

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The Port of Pensacola’s account receivables have dropped over the period of Nov. 30, 2012 to Jan. 15, 2013 —going from $506,939 to $393,107. However, the invoices that are more than 90 days old jumped from $122,186 to $166,854.

Three biggest receivables are NWF Cold Storage ($217,637), Halcorp ($55,375) and Pensacola Stevedoring ($38,733). The latter two are current and Pensacola Stevedoring has paid all of its past invoices.

However, Pensacola Stevedoring’s sister company, NWF Cold Storage, continues to be in arrears.

All Receivables 11/30/12 1/15/13
Current  $221,976.47  $179,904.73
30-59 days  $56,407.05  $11,651.71
60-89 days  $105,822.93  $34,696.35
90-119 days  $12,251.71  $45,067.48
Over 120 days  $109,935.04  $121,786.75
 $506,393.20  $393,107.02
Over 90 days  $122,186.75  $166,854.23
Pensacola Stevedores 11/30/12 1/15/13
Current  $60,433.97  $38,732.70
30-59 days  $2,489.70  $-
60-89 days  $40,903.74  $-
90-119 days  $-  $-
Over 120 days  $-  $-
 $103,827.41  $38,732.70
NWF Cold Storage 11/30/12 1/15/13
Current  $11,651.71  $13,234.77
30-59 days  $25,896.35  $11,651.71
60-89 days  $56,119.19  $25,896.35
90-119 days  $12,251.71  $45,067.48
Over 120 days  $109,935.04  $121,786.75
 $215,854.00  $217,637.06

Here is the entire spreadsheet:port ar rpt as of 1-15-13

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