Your English writing platform
Discover LudwigExact(16)
"This type of receivable is not something we pursue when the alleged debtor is deceased".
Lack of capital will destroy your business over time, lack of liquidity will destroy it in a heartbeat, and accounts receivable is your biggest contributor to liquidity.
When a receivable is pledged, the borrower retains the risk that the person or firm that owes the receivable will not pay; this risk is typically passed on to the lender when factoring is involved.
The money hospitals are owed for their services — their accounts receivable — is growing, said Mr. Rock, the health care consultant, who works for the investment and consulting firm Carl Marks & Company in New York.
A loan receivable is money the company lent someone, usually a business partner.
Because the account receivable is paid off by a high credit level enterprise.
Similar(44)
Accounts receivable are the credit a firm gives its customers.
Although monetary assets such as cash or accounts receivable are usually measured by their value, most other assets are measured at cost.
The company, based in Fremont, Calif., also said it was delaying reporting its results for the quarter ended Sept. 30 because figures for revenue and accounts receivable were under review.
The fact that the receivable was from a firm controlled by Mr Bennett was "hidden at the end of... reporting periods", says Refco, in transfers to a (probably unconnected) customer account.
Alta Genetics has $12.6 million in accounts receivable, on $50 million in sales this year, so, on average, their accounts receivable are about a quarter of their revenue (12.6/50).
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com