What is The Definition of Net Receivables?
Recipient net accounts are the total amount owed by a company to its customers, minus the amount owed that may never be paid. Receivable net accounts are often expressed as a percentage, with a higher percentage indicating that the company is more capable of billing customers. For example, if a company assumes that 2% of its sales are never paid, then 98 accounts receivable (AR ٪ 2) are received (AR).
- The company's net receivables are the total amount of eligible customers that the company assumes it will never pay.
- Companies use net receipts to measure the effectiveness of their recovery process and estimate the expected cash flow.
- Debt Loan Allowance is an estimate of the value of a company's claims that are expected to be written off as debt loss.
- Businesses can increase their net receipts by limiting their loans to consumers and implementing an efficient collection process.
Literal Meanings of Net Receivables
Meanings of Net:
Catch or land with a net (fish or other animal).
(In sports) kicking or kicking (ball or puck) net (goal)
Cover with net.
A piece of open mesh made of wire, rope, rope or similar, often used to catch fish or other animals.
This structure is supported by a frame that is intended for sports such as football and hockey.
Smooth fabric with very revealing weft.
A way to trap someone.
Earn or receive as net income (a cash amount).
Remaining after deductions like tax or rebate (quantity, price or value)
(Effect or result) final or universal.
Sentences of Net
Damage from fish fats
Wright scored 177 goals in six years
Fishermen are fixing their nets
Turn Wilson's wings into a net
The search has been postponed so that the killers can escape from the net.
Ensuring privacy on the web is becoming increasingly difficult.
Sell your 20% stake and make huge profits in the process.
Synonyms of Net
mesh, meshwork, ultimate, lattice, accumulate, take-home, snare, netting, gain, after taxes, pull in, obtain, bring in, lacework, get, make, trap, after deductions, make a profit of, webbing, earn, realize, booby trap
Meanings of Receivables:
The amount owed to the company is considered an asset.
Sentences of Receivables
Part of the agreement states that in order to maintain full trust in the partnership, both partners must perform all duties honestly and fairly on a monthly basis.
Lenders first exclude assets that are not eligible, such as: B loans that have passed more than 90 days.
Synonyms of Receivables
to be paid, outstanding, owed, receivable, undischarged, unsettled, due, in the red, unresolved, unattended to, in arrears, payable, overdue, owing