receivable in a sentence
a.
📚 Grade Level: Grade 9, Grade 10, Grade 11, Grade 12
Definition
Receivable refers to amounts of money owed to a company by its customers for goods or services provided on credit.
Sample Sentences
- The company has a significant amount of accounts receivable that needs to be collected.
- Investors are particularly interested in the firm’s receivable turnover ratio.
- She carefully analyzed the receivable aging report to identify overdue payments.
- The accountant marked the receivable as bad debt after numerous failed attempts to collect it.
- Effective management of receivable assets can greatly improve a business's cash flow.