We are acquiring a business that includes the accounts receivable.
They sent us a spreadsheet that lists:
“Current AR balance,” “31-60 days,” “60-360 days” “361+ days” and “Total AR Balance”
What do these mean? Are these the amounts they expect to come in at each of these time-frames?
You must log in or register to comment.
You may want to work with an accountant on this acquisition, to make sure you’re understanding their financials properly! Things like AR could make or break the valuation of the business.
If you’re interested, PM me or check out www.prometryx.com to learn more about how we help small businesses.