Construction Partners, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Contracts Receivable Including Retainage, Net

Contracts Receivable Including Retainage, Net

6 Months Ended

Mar. 31, 2018

Contracts Receivable Including Retainage, Net

Note 3—Contracts Receivable Including Retainage, Net

Contracts receivable including retainage, net are comprised of the following at March 31, 2018 and September 30, 2017 (in thousands):


	March 31, 2018			September 30, 2017
	(unaudited)
Contracts receivable	$	63,688		$	109,538
Retainage		13,528			13,180

		77,216			122,718
Allowance for doubtful accounts		(1,333	)		(1,734	)

Contracts receivable including retainage, net	$	75,883		$	120,984

Retainage receivables have been billed, but are not due until contract completion and acceptance by the customer.

- Definition

The entire disclosure for claims held for amounts due a entity, excluding financing receivables. Examples include, but are not limited to, trade accounts receivables, notes receivables, loans receivables. Includes disclosure for allowance for credit losses.

+ References + Details