ACCOUNTS RECEIVABLE

12 Months Ended

Dec. 31, 2012

ACCOUNTS RECEIVABLE

ACCOUNTS RECEIVABLE

9. ACCOUNTS RECEIVABLE

The components of accounts receivable as of December 31, 2012 and 2011 were as follows:

	2012			2011
Trade	$	781,954		$	480,867
Less allowance for doubtful accounts	(12,485		)	(12,328		)
	769,469			468,539
Royalties	15,606			21,774
Other	128,760			78,955
	$	913,835		$	569,268

The increase in accounts receivable primarily reflects acquisitions during 2012, including the addition of Probiotica’s, OraPharma’s, Medicis’, and Gerot Lannach’s revenues from products and services in 2012, as well as revenue growth from the existing business.