RECEIVABLES - DOLLAR THRIFTY (Dollar Thrifty Automotive Group Inc.)

9 Months Ended

12 Months Ended

Sep. 30, 2012

Dec. 31, 2011

Dollar Thrifty Automotive Group Inc.

RECEIVABLES

6. RECEIVABLES

        Receivables consist of the following (in thousands):

	September 30, 2012			December 31, 2011
Trade accounts receivable and other	$	85,476		$	74,403
Vehicle manufacturer receivables		41,078			21,510
Car sales receivable		3,826			2,287
		130,380			98,200
Less: Allowance for doubtful accounts		(2,163	)		(2,840	)
	$	128,217		$	95,360

Trade accounts receivable and other include primarily amounts due from rental customers, franchisees and tour operators arising from billings under standard credit terms for services provided in the normal course of business.

Vehicle manufacturer receivables include primarily amounts due under guaranteed residual, buyback and Non-Program Vehicle incentive programs, which are paid according to contract terms and are generally received within 60 days.

Car sales receivable include primarily amounts due from car sale auctions for the sale of both Program Vehicles and Non-Program Vehicles.

Allowance for doubtful accounts represents potentially uncollectible amounts owed to the Company from franchisees, tour operators, corporate account customers and others.

3. RECEIVABLES

        Receivables consist of the following:

	December 31,
	2011			2010
	(In Thousands)
Trade accounts receivable and other	$	74,403		$	68,528
Vehicle manufacturer receivables		21,510			4,543
Car sales receivable		2,287			1,100
		98,200			74,171
Less: Allowance for doubtful accounts		(2,840	)		(4,715	)
	$	95,360		$	69,456

Trade accounts receivable and other include primarily amounts due from rental customers, franchisees and tour operators arising from billings under standard credit terms for services provided in the normal course of business.

Vehicle manufacturer receivables include primarily amounts due under guaranteed residual, buyback and Non-Program Vehicle incentive programs, which are paid according to contract terms and are generally received within 60 days.

Car sales receivable include primarily amounts due from car sale auctions for the sale of both Program Vehicles and Non-Program Vehicles.

Allowance for doubtful accounts represents potentially uncollectible amounts owed to the Company from franchisees, tour operators, corporate account customers and others.