2 min read
Definition
Accounts receivable is the money customers owe a business for goods and services delivered on credit but not yet paid. It appears as a current asset, also called trade debtors.
In plain terms
It is your unpaid customer invoices. You have earned the money and delivered the work, but the cash is still with the customer — accounts receivable is the total owed to you.
Why it matters for your company
A rising accounts-receivable balance ties up cash and can starve a profitable business. Managing it — chasing promptly, tightening terms — improves debtor days and cash flow. Invoice finance can unlock the cash tied up in it.
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Credicorp lends to your company, not to you personally — short-term working capital with no personal guarantee. See what your business could access.