Sentence examples for to receivable from inspiring English sources
noun
A debt owed, usually to a business, from the perspective of that business
- One man's receivable is another man's payable.
I recommend that, in the context of the installation of the new financial and accounting software, the accounting and organisational procedures for posting transactions to receivable and payable accounts be reviewed with a view to making them easier to monitor and clear throughout the biennium.
I recommend that, in the context of the installation of the new financial and accounting software being implemented in FAO, the accounting and organisational procedures for posting transactions to receivable and payable accounts be reviewed with a view to making them easier to identify, monitor and clear throughout the biennium.
The company has even resorted to "receivables funding arrangements" - selling invoices at a discount to improve cashflow, an extreme measure not normally associated with a FTSE-100 company.
In 2007, for every dollar of reported revenue, it appears that Sotheby's collected 51 cents in cash, and added 49 cents to receivables.
So Nabbr turned to Receivables Exchange, which since late 2008 has offered an online marketplace that allows businesses to sell their receivables to institutional investors, with the buyer gaining the right to then collect what is owed on that invoice.
The ratios compare sales to receivables; sales to earnings; operating income to long-term debt; cost of goods sold to inventory; depreciation and amortization to capital expenditures; and cash flow from operations (less any tax savings from stock options) to earnings.
The team came up with a plan for dividing more than $80 billion in assets, everything from physical equipment like the cables that brought service to businesses and homes to accounts receivable.
In addition, the company is looking to reduce receivable days outstanding from 85 to 65 this year alone, with the target in 2000 at 55.
But what does it mean if a company leaps through accounting hoops and comes up with a way to avoid disclosing what is happening to accounts receivable, as well as other facts normally disclosed on a routine basis?
Martin Macmillan is the CEO of Pollen VC, a fintech company that created the concept of revenue recycling to provide receivables financing to app developers globally together with growth consulting services.
Michael Lynch of Strategic Energy & Economic Research, an industry consultancy, explains that, under the oil industry's murky accounting practices, "shifting a project from proven to probable is like moving it out of a cash account to accounts receivable.
