receivables balance fractions


receivables balance fractions
The percentage of a month's sales that remains uncollected (and part of accounts receivable) at the end of succeeding months. Bloomberg Financial Dictionary

Financial and business terms. 2012.

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  • Receivables balance fractions — The percentage of a month s sales that remain uncollected (and part of accounts receivable) at the end of succeeding months. The New York Times Financial Glossary …   Financial and business terms