Receivables

Receivables may refer to the amount due from individuals and companies. Receivables are claims that are expected to be collected in cash. These are frequently classified as:

• Accounts receivable, one of a series of accounting transactions dealing with the billing of a customer for goods and services they have ordered
• Notes receivable, represents claims for which formal instruments of credit are issued as evidence of debt, such as a promissory note. The credit instrument normally requires the debtor to pay interest and extends for time periods of 60–90 days or longer

Receivables may also refer to:

• The Receivables Exchange, an online marketplace where businesses buy and sell their accounts receivable, through real-time auctions
• Receivables turnover ratio, one of the accounting activity ratios, a financial ratio