accounts receivable aging

Fin
a periodic report that classifies outstanding receivable balances according to customer and month of the original billing date

The ultimate business dictionary. 2015.

Look at other dictionaries:

  • Accounts Receivable Aging — A periodic report that categorizes a company s accounts receivable according to the length of time an invoice has been outstanding. Accounts receivable aging is a critical management tool as well as an analytic tool that helps determine the… …   Investment dictionary

  • Aging schedule — A table of accounts receivable broken down into age categories (such as 0 30 days, 30 60 days, and 60 90 days), which is used to see whether customer payments are keeping close to schedule. The New York Times Financial Glossary * * * aging… …   Financial and business terms

  • aging schedule — A table of accounts receivable broken down into age categories (such as 0 30 days, 30 60 days, and 60 90 days), which is used to determine if customer payments are keeping close to schedule. Bloomberg Financial Dictionary * * * aging schedule… …   Financial and business terms

  • aging of balances — The stratification of a balance sheet amount by either transaction or cash *settlement date. Balances for which aged analyses are prepared typically include *accounts receivable, inventory, and long term *loans. Aging is often used for management …   Auditor's dictionary

  • aging — A report or schedule of all outstanding accounts payable or accounts receivable that lists all account debtors or creditors by name, shows the total amount due to each debtor, and shows how much of the amount due to each debtor is due within… …   Financial and business terms

  • aging of accounts — Arranging the accounts (such as receivables or payables) in chronological order and grouping the accounts by intervals, such as accounts outstanding less than 30 days, 30 to 60 days, and so on. The process of classifying accounts receivable by… …   Black's law dictionary

  • aging schedule —  A list of accounts receivable in order of how many days they are past due. The aging schedule is used by lenders when considering loans to businesses …   American business jargon

  • the aging —  A list of accounts receivable in order of how many days they are past due. The aging schedule is used by lenders when considering loans to businesses …   American business jargon

  • collection ratio — Fin the average number of days it takes a firm to convert its accounts receivable into cash. EXAMPLE Ideally, this period should be decreasing or constant. A low figure means the company collects its outstanding receivables quickly. Collection… …   The ultimate business dictionary

  • allowance for bad debts — A reduction in the value of *accounts receivable. One or more *general ledger accounts are used to record allowances for bad debts, which represent the value of accounts receivable whose ultimate collection is in doubt. The allowance may be for… …   Auditor's dictionary

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