Net realizable value of accounts receivable

Net realizable value of accounts receivable,

Definition of Net realizable value of accounts receivable:

  1. Money owed to a company by its debtors.

  2. The total accounts receivable minus the allowance for uncollectible accounts (bad debt). Also called the book value of accounts receivable.

How to use Net realizable value of accounts receivable in a sentence?

  1. Another selling point is the companys current $310,000 in accounts receivable (with payables of about $130,000).

Meaning of Net realizable value of accounts receivable & Net realizable value of accounts receivable Definition