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Receivables
01
the amount of unpaid debt that a company expects to receive from its customers or another company
Example
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.
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