Yes, accounts receivable are typically classified as current assets on a company’s balance sheet. They represent amounts owed by customers for goods or services provided on credit terms within the current operating cycle, usually expected to be collected within one year. These current assets reflect the company’s short-term liquidity and its ability to meet immediate financial obligations.
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Emagia is a leading provider of AI-powered Order-to-Cash (O2C) automation platform that modernizes finance operations for midsize to large global businesses. Many global businesses and shared service centers use Emagia’s Autonomous O2C to transform to digital world-class operations in credit, invoicing and payments, receivables, collections, deductions, cash application and cash forecasting. Emagia solutions improve their customers DSO, cash flow, credit risk, operational cost, compliance and profitability.
