Small business owners often extend credit to customers by allowing them to delay payment for services or products. Money owed by customers for goods or services already provided is called accounts ...

Learn how to calculate a firm's percentage of credit sales using accounts receivable and sales data. Understand its impact on ...

Accounts receivable represents money owed to a business in return for goods already delivered or services already rendered. As an integral element of a company's cash flow, accounts receivable can ...

Greg DePersio has 13+ years of professional experience in sales and SEO and 3+ years as a writer and editor. Dr. JeFreda R. Brown is a financial consultant, Certified Financial Education Instructor, ...

Cash flow is the heartbeat of any business. Without it, even profitable companies can quickly run into trouble. Accounts receivable (AR), the money owed to a business by customers, is a critical ...

In business, companies often have to wait for payments from customers—that period is generally known as the average collection period. Also known as the average collection period ratio and the ratio ...

Investors should interpret accounts receivable information on a company's balance sheet as money that the company has a reasonable assurance of being paid by its customers at a defined date in the ...

With a full new year in front of us, there’s no better time for CFOs to reflect on the opportunities and challenges that lie ahead. But as finance and accounting organizations are expected to be ever ...