Company: ZEUS
Filing Date: 2025-05-02
Form Type: 10-Q
Source: 0001437749-25-014325
Chunk: 3

Company: OLYMPIC STEEL INC
Filing Date: 2025-05-02
Form: 10-Q
Item: Part I, Item 8
Chunk 3
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.7%  -   28.7%
 Tube   -   -   15.7%  15.7%
 Coated   -   13.6%  -   13.6%
 Plate   -   10.6%  -   10.6%
 Cold Rolled   -   4.1%  -   4.1%
 Other   -   1.0%  -   1.0%
 Total   26.3%  58.0%  15.7%  100.0%

       Disaggregated Revenue by Products Sold  
   For the Three Months Ended March 31, 2024  
   Specialty              
   metals flat    Carbon flat    Tubular and      
   products    products    pipe products    Total  
 Specialty   24.6%  -   -   24.6%
 Hot Rolled   -   27.7%  -   27.7%
 Tube   -   -   18.3%  18.3%
 Coated   -   11.1%  -   11.1%
 Plate   -   13.5%  -   13.5%
 Cold Rolled   -   4.2%  -   4.2%
 Other   -   0.6%  -   0.6%
 Total   24.6%  57.1%  18.3%  100.0%

     9

       Table of Contents

    3.  Accounts Receivable: 

   Accounts receivable are presented net of allowances for credit losses and unissued credits of $3.9 million and $3.7 million as of  March 31, 2025 and  December 31, 2024, respectively. The allowance for credit losses is maintained at a level considered appropriate based on historical experience, specific customer collection issues that have been identified, current market considerations and estimates for supportable forecasts when appropriate. Estimations are based upon a calculated percentage of accounts receivable, which remains fairly level from year to year, and judgments about the probable effects of economic conditions on certain customers, which can fluctuate significantly from year to year. The Company