accounts receivable

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Related to Accounts receivables: accounts payable

Accounts receivable

Money owed by customers.

Accounts Receivable

1. Money that a customer owes a company for a good or service purchased on credit. Accounts receivable are current assets for a company and are expected to be paid within a short amount of time, often 10, 30, or 90 days. See also: Collection period.

2. A unit within a company's accounting department that deals with accounts receivable.

accounts receivable

Money owed to a business by customers who have bought goods or services on credit. Accounts receivables are current assets that continually turn into cash as customers pay their bills. Also called receivables.

accounts receivable

see DEBTORS.
References in periodicals archive ?
Thus, if a company sees increasing accounts receivable and inventory, it must maintain enough cash to sustain sales since the increases in accounts receivable and inventory not only requires additional cash, but also ties up the initial cash investment for those increasing current assets for a longer period.
The cost of carrying accounts receivable along with the explicit consideration of the allowance for bad debt expense is considered.
The Tax Court disagreed with the IRS because the accounts receivable had real value in that they were legitimate debts that the auto dealership owed to the financing company and thus were legitimate assets of the financing company.
Based on Citi's review, which included documentation provided by Pemex, Citi estimates that it is able to support the validity of approximately USD 185m of the USD 585m of accounts receivables owed to Banamex by Pemex as of December 31, 2013.
Yet current strategies often fail to recognize the role accounts receivable can play in reducing the cost of working capital, while also having a positive impact on customer relationships and even the wider economy.
The attorney we had chosen was more accustomed to setting up large groups with real assets in addition to an accounts receivable. We did not fit that profile.
The new subsidiary will offer companies headquartered in Switzerland a new product combining accounts receivable management, preliminary financing and payment guarantees.
Key to landing a factoring deal is the age of the accounts receivables. The older the account, the more difficult it is to collect.
A simple example demonstrates that with all other variables held constant, a highly seasonal sales pattern alters these measures of accounts receivables liquidity, when in fact no change has taken place.
Every week, a business should review accounts receivables and take action on slow payers; review accounts payable; keep current on taxes and reports to state and federal government; and stay up to date on payroll.
Mounting Balance of Unbilled Receivables: GDS's accounts receivable cycle, including unbilled accounts receivable, lasts approximately 70 days.

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