Company Receivables are the outstanding amount of money a business is owed by its customers. They’re part of the assets listed on the balance sheet and consist of money in transit, accounts receivable, notes receivable and other forms of credit extended to customers. Having a good system of company receivables management is essential for any business looking to stay competitive and turn a profit. Uncollected receivables can lead to cash flow problems, so establishing sound policies for extending credit and collecting payments is key. With the right strategies in place, businesses can maximize their receivables, staying financially healthy for the long term.