Total Accounts Receivable is an important financial metric that measures the total amount owed to a business by its customers. It’s calculated by adding up all outstanding accounts receivable—the money owed from customers who have made a purchase but haven’t yet paid for it. It’s important for businesses to stay on top of their accounts receivable, as it can be a key indicator of customer loyalty and how quickly customers are paying their bills. However, it’s also critical to understand that just because the total accounts receivable is high, it doesn’t necessarily mean that customers aren’t going to pay their bills; overall, it’s an invaluable metric for any business that wants to maximize profits and ensure success in the long-term.