What does accounts receivable aging mean?

accounts receivable aging meaning in Law Dictionary

the way in which of showing which consumers spend on time and which never. What lengths behind can also be put into this calculation. It really is regularly gather debts and establish credit.

accounts receivable aging meaning in Business Dictionary

procedure of determining which consumers tend to be spending punctually, that aren't, and how far they've been behind the repayment time. This analysis assists in calculating money owed plus in establishing credit recommendations.