The company's
receivables balance increased significantly last quarter due to delayed payments from clients.
公司上季度应收账款余额大幅增加，因为客户付款延迟。
We need to implement stricter credit policies to minimize our outstanding
receivables.
我们需要实施更严格的信贷政策以减少未收款项。
Our
receivables turnover ratio improved, indicating better collection efficiency.
我们的应收账款周转率提高，表明收款效率提升。
The management decided to offer early payment discounts on
receivables to encourage prompt payments.
管理层决定对应收账款提供提前付款折扣，以鼓励及时支付。
The accountant is auditing the company's
receivable accounts to ensure accuracy.
会计正在审计公司的应收账款账户以确保准确性。
The
receivables department is working diligently to resolve any disputes with customers.
应收账款部门正在努力解决与客户的所有争议。
In the annual report, they disclosed the aging of their
receivables to give investors an insight.
在年度报告中，他们披露了应收账款的账龄，以便投资者了解情况。
The
receivable days have been reduced by 15% compared to last year, showing improved cash flow.
相比去年，应收账款日有所下降15%，显示现金流有所改善。
The company hired a new collections agent to focus on chasing down overdue
receivables.
公司聘请了新的追收代理，专门负责催收逾期应收账款。
Management is considering automating the billing and invoicing process to streamline
receivables.
管理层正考虑自动化计费和发票流程，以简化应收账款管理。
The pledge of the CMBS consists of 100 percent equity interest in Hainan Atlantis Business and Tourism Development Co Ltd, the parent company of Sanya Atlantis, as well as operating revenue and accounts receivable of Sanya Atlantis.
It generated 40.79 billion yuan in cash inflow from operation, and a high accounts receivable rate at 62 percent, significantly higher than 46 percent of the same period of 2018.
All possible with a few clicks, online accounts receivable exchanges on Qupital can ensure the money is sent to the sellers’ bank account within a day without any fixed asset as collateral.
Commercial factoring is a financing tool in which an enterprise sells its accounts receivable before the receivables are due in exchange for cash.
Efforts will also be made to boost credit expansion in the civil air transportation industry, including establishing a mechanism to facilitate loan and debt financing and improving the functioning of the platform that makes use of companies' accounts receivable to boost their financing, the statement said.
Since the beginning of this year, due to rising production and operation costs caused by the commodity price rally, coupled with increasing accounts receivable and the impact of COVID-19 and natural disasters, they have been faced with mounting difficulties.
"It should be noted that the growth of industrial enterprises' accounts receivable is on the rise and the pressure on cash flow has also increased, which is not conducive to the continuous recovery of production and operation," Zhu said.
Uncertainties such as protectionism, rising accounts receivable and unclear product liability attribution all increase the legal risks of foreign trade orders.
诸如保护主义加剧、应收账款增加以及产品责任归属不清晰等不确定性因素均会加大外贸订单的法律风险。
Banks should bring movable assets and rights, including means of transport, production equipment, raw materials, semi-finished products, accounts receivable, property rights and forest rights, into their collateral directory based on their own business conditions and risk management abilities.
The CBIRC and the PBOC said they will support banks to explore technological measures, like blockchain, to record and verify information on accounts receivable confirmation, transfer and collateral on the blockchain.
Standard Chartered Bank (China) Ltd Shanghai Branch gave a one-month deferment on the repayment of loan principal and interest for a supplier of imported fruits to relieve its financial stress, as the company suffered a slowdown in accounts receivable collections due to COVID-19.
"In the past, our subsidiaries had to deal with forex trading themselves respectively and allocate overseas funds within each one's receivable balance, so the quota is limited and more manpower was required.
The platform has facilitated a number of businesses, including multilevel receivable financing in the supply chain sector, cross-border financing, international trade remittance supervision, and tax reporting on outward payments, the brochure stated.
"We encourage major enterprises to finance through the accounts receivable and confirm the rights by service platforms," said Wang, adding the measures could reduce financing costs of small and medium-sized enterprises.
In China, the standards of account receivable financing and transparency need to be further improved, and there are risks such as false transactions, the central bank official said at the forum held by the Finance 40 Forum in Xi'an, Shaanxi province.
These include production equipment, raw materials, semifinished products and finished products, accounts receivable, deposit slips, warehouse receipts and bills of lading, and financial lease pledges.
China's banking and insurance regulator also instructed banks to allow enterprises to use their accounts receivable, orders, warehouse receipts and inventories as collateral to secure funds through supply chain financing, which refers to systematic financing arrangements for the benefit of all members of a supply chain.
The regulatory commission also instructed banks to allow enterprises to use their accounts receivable, warehouse receipts and inventories as collateral to secure funds through supply chain finance.
China Zheshang Bank Co Ltd, a joint-stock commercial lender headquartered in Hangzhou, Zhejiang province, used blockchain technology to confirm the authenticity of accounts receivable of iron and steel companies and promoted accounts receivable circulation, thus revitalizing the liquidity of their assets.
The bank instructed Minmetals Yingkou Medium Plate Co Ltd, a manufacturer of high-end medium and heavy plates and wire rods, and its upstream suppliers to realize online financing by transferring 95 million yuan ($13.4 million) of accounts receivable with the help of blockchain technology.
By the end of March 26, Industrial Bank had provided a total of 258 billion yuan to enterprises via online supply chain financing in various models, such as bill financing, accounts receivable financing and letter of credit financing, since the epidemic broke out in December.
We also support companies to use their accounts receivable, warehouse receipts or inventories as collateral to secure loans," he added.
The regulator also urged banks to directly provide financing to upstream and downstream enterprises in the supply chain based on real transactions, such as offering suppliers with accounts receivable financing, which allows companies to receive early payments on their outstanding invoices.
com Co over their roles in fraudulent fundraising by their suppliers, backed by accounts receivable from the online retailers.
"As of the end of September, it took 9.6 more days year-on-year for industrial companies to recover accounts receivable.
Rifa is allowed to convert this agreement - an alternative type of bills receivable - into cash or to make a payment to its suppliers with it, with no need to worry about its downstream client defaulting on a payment.
For the rest of their payments, they will sign something similar to a bill receivable to the manufacturer online, using a service provided by CZBank, which adopted the blockchain technology to make sure that what is signed is immutable.
Rifa is allowed to convert this alternative of a bill receivable into cash or make a payment with it, with no need to worry about payment defaults by its downstream enterprises.
The bank offers a wider variety of products now, allowing companies to secure loans by using accounts receivable, trademark rights, patent rights or equity as collateral.
The three platforms - pooled financing platform, integrated service platform Yiqiyin and blockchain accounts receivable chain platform - will help enterprises with deleveraging and cost reduction, Shen Jinfang, the bank's vice president of corporate banking department, said.
"Accounts receivable is an important liquid asset for small and micro-sized businesses," said the program by the People's Bank of China, Ministry of Industry and Information Technology, Ministry of Commerce, State-owned Assets Supervision and Administration Commission, China Banking Regulatory Commission and State Administration of Foreign Exchange.
In the meanwhile, it will also aid in clearing arrears owed to business and guarding against financial and economic hazards brought on by businesses' inability to collect accounts receivable, Luo added.
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