This glossary uses Visual Finance™ to bring financial terms to life. Each example shows data from the Round Number Company, a fictional business with simplified figures to make learning easier. For more details, visit 'How to Read Visual Finance'.
Accounts Receivable is money your customers owe to you. It is part of Current Assets.
See Days Sales Outstanding (DSO) to see how quickly Receivables move into Cash.
Also called Receivables. Often called Debtors outside North America.
The above is our generic explanations of common corporate financial terminology. Actual meanings can vary widely from company to company; in order to have the correct internal definition you need to ask your Finance Department, "What do you mean by that?"
term list.