As we’ve mentioned, trade receivables represent a portion of the money that flows into the business, and thus, they are one of the clearest indicators of your company’s income and profitability. And that’s only one of the many advantages that come from recording trade receivables. Many lo...
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Define receivables. receivables synonyms, receivables pronunciation, receivables translation, English dictionary definition of receivables. pl n finance the part of the assets of a business represented by accounts due for payment Collins English Dictiona
Eligible Trade Receivables means Accounts arising from the sale of a Borrowing Base Party’s Inventory (other than those consisting of Credit Card Receivables) that satisfy the following criteria at the time of creation and continue to meet the same at the time of such determination: such Account...
SALES / RECEIVABLES (Receivables Turnover) is a ratio that measures the number of times trade Receivables turn over during the year. Generally, the higher the turnover of receivables, the shorter the time between sale and cash collection. It indicates how fast the company is getting paid for ...
Accounts receivable, or receivables, can be considered a line of credit extended by a company and normally have terms that require payments be made within a certain period of time. If effect, the company has accepted anIOUfrom the client. Depending on the agreement between company and client,...
Factoring ReceivablesNo Obligor will, and each Obligor will procure that none of its Subsidiaries will, sell or otherwise dispose of any receivable other than in the ordinary course of trade. See AllFactoring Receivablesclauses Factoring Receivablesmeans any receivables soldby the Issuertothe factorund...
Trade credit is a type of commercial financing in which a customer is allowed to purchase goods or services and pay the supplier at a later scheduled date.
ac·counts re·ceiv·a·ble man·age·ment (ă-kownts rĕ-sēvă-bĕl manăj-mĕnt) Processes involving insurance verification, insurance reimbursement issues, counseling, preauthorization of services, monitoring billing and claims, and account follow-up. ...
No matter what tools you have in place, your accounts receivable team can always make changes to lower the number of short payments. No matter how you manage your receivables, implementing these best practices will help decrease short pays. This is the case even though collaborative accounts rece...