re
cei
va
bles
Plural
receivables
1
the amount of unpaid debt that a company expects to receive from its customers or another company
- The company's accounts receivables increased significantly this quarter, indicating strong sales but also potential cash flow challenges.
- The finance department is responsible for managing and collecting outstanding receivables from clients and customers.
- The aging report showed that a large portion of the company's receivables were overdue, prompting management to take action to expedite payments.
- Factoring companies offer businesses the option to sell their accounts receivables at a discount in exchange for immediate cash flow.
- The accountant reconciled the receivables ledger to ensure that all invoices and payments were accurately recorded.