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Related Definitions
Receivables turnover Receivables turnover is a measure of the liquidity of receivables during the period; computed by dividing net credit sales (net sales less credit sales) by average net receivables.
Percentage-of-receivables Under the percentage-of-receivables basis, management estimates what percentage of receivables will result in losses from uncollectible accounts.
Other receivables Other receivables include various forms of nontrade receivables which do not generally result from the operations of the business.
Trade receivables Notes receivable and accounts receivable that result from sales transactions are often called trade receivables.
Notes receivables Notes receivables are claims for which formal instruments of credit are issued as proof of the debt. A note receivable normally extends for time periods of 60-90 days...
Receivables Receivables refer to amounts due from individuals and other companies. Receivables are claims that are expected to be collected in cash.
Accounts Receivables The right of receive money of a firm from customers (individuals or corporations) because the firm had provided customers with goods and/or services on credit...
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