Question-and-Answer Session
Operator
Thank you. (Operator Instructions). We will now take the first question. Our first question comes from Mark Connelly with Sterne, Agee. Please go ahead.
Mark Connelly - Sterne, Agee & Leach
Thank you. John, two things; first, you have a very helpful chart on inventories chart 13. I wonder if you could characterize those inventories in terms of your own comfort level, because it doesn't save any inventories, it just talks about the changes. So I wonder, across the different pulp businesses and paper, are these inventories where you want them to be? And the second question to your point about repurposing the pulp asset. Do you have a lot of those sort of opportunities that you are studying at this point? I mean, you've obviously -- you have had a lot of changes in the asset portfolio over the last six months and twelve months.
John Williams
Sure. I will answer the first one first.
Mark Connelly - Sterne, Agee & Leach
Sure.
John Williams
On the inventory side, I don't think there's was ever a right answer for us as we see it, we still see there are opportunities to reduce inventory. But of course we have to see that through our ability to also supply our customer and not lose our reputation for good service. But certainly, I still see some opportunities on inventory reduction overtime.
How that is squeezed out overtime I really couldn't forecast, but certainly that's our intent. So we don't see -- if the business starts to recover in volume that we're going to have a bump in inventory, that's absolutely not what we are intending to do.
Mark Connelly - Sterne, Agee & Leach
Okay. That's helpful.
John Williams
And on the repurposing, as we said at the Investor Day, we do have a trail if you like of some of our assets that aren't fully utilized. Now we are looking at any number of options there. Some of them are power related or technology related more than they might be paper or pulp related. So we're looking at everything.
Mark Connelly - Sterne, Agee & Leach
Okay. It's very helpful. Thank you.
Operator
Thank you. The next question comes from Joe Stivaletti with Goldman Sachs. Please go ahead.
Joe Stivaletti - Goldman Sachs
Good morning.
John Williams
Good morning.
Joe Stivaletti - Goldman Sachs
On the tax credits, I was wondering if you could tell us what your receivable was at the end of September; and also if you have any view on the ability to get additional credits in 2010 under some other programs that have been written about lately.
- To read the full transcript on Seeking Alpha, click here »
