answersLogoWhite

0

An exceptionally high trade debtor refers to a customer or client that owes a significantly large amount of money to a business for goods or services provided on credit. This situation can indicate potential risks for the business, such as cash flow issues or the likelihood of non-payment. Businesses typically monitor trade debtors closely to manage credit risk and ensure they maintain healthy financial operations. High levels of trade debtors could also reflect broader economic conditions or industry-specific challenges.

User Avatar

AnswerBot

1mo ago

What else can I help you with?

Related Questions

What is a sentence for exceptionally?

Example sentences using the word "exceptionally" include these: The business-woman was exceptionally well-dressed. He was exceptionally well-versed in historical locations. The play was exceptionally performed, earning high praise from critics.


Is debtor and trade receivable the same thing?

No, a debtor and trade receivable are not the same, though they are closely related. A debtor refers to an individual or entity that owes money to another party, typically due to credit extended for goods or services. Trade receivables, on the other hand, specifically refer to amounts owed to a business by its customers for goods or services sold on credit. In essence, all trade receivables are debtors, but not all debtors are classified as trade receivables.


Is 117000 miles high on a 2007 car?

A little higher than average, but not exceptionally high.


What is the meaning of the stand out?

is the word "distinguished",be exceptionally goal or something of high quality.


What is the definition for sundry debtor?

SUNDRY - Miscellaneous small or infrequent customers that are not assigned individual ledger accounts but are classified as a group.SUNDRY CREDITORS - refers to companies or individuals to which money is owed.SUNDRY DEBTOR - is an entity from who amounts are due for goods sold or services rendered or in respect of contractual obligations. Also termed: debtor, trade debtor, and account receivable.


What does intellectual prowess mean?

An intellectual prowess is a display of exceptionally high intelligence and knowledge.


X-rays are what type of energy?

Electromagnetic Radiation; photons with exceptionally high energies.


Is 8.5 tsh level high?

Yes, absolutely! Even when using the older measurements TSH 0.3 - 5.0, that is exceptionally high


What is an example sentence for exceptionally?

The maths test was exceptionally difficult.The businessman did his job exceptionally well.


What is the idiomatic expression meaning of stand out?

is the word "distinguished",be exceptionally goal or something of high quality.


Who are the exceptionally high rates of the Tariff of 1828 were?

The people who supported the exceptionally high tariff of 1828 were supporters of Andrew Jackson. The tariff was so high, it was pricing some of the southern cotton growers right out of the market. A new tariff was adopted in 1833 that laid out a reduction of rates over a period of time.


Is a trade debtor current asset?

Yes, a trade debtor is considered a current asset. It represents amounts owed to a business by its customers for goods or services provided on credit, and it is expected to be converted into cash within one year. As such, it plays a crucial role in assessing a company's short-term financial health and liquidity.