Balance SheetBeginner📖 7 min read

Gross Accounts Receivable

Total Amount Owed by Customers Before Deductions

Definition
Total invoiced amounts owed
Before
Allowances, returns, discounts
Contrast
Net AR = Gross − Allowance
Classification
Current asset
Growth Indicator
Rising sales or slower collections

Gross Accounts Receivable is the total amount billed to customers for goods delivered or services rendered on credit, before subtracting any allowances for doubtful accounts, sales returns, or discounts. It represents the full invoice value of all open trade receivables at the balance sheet date, reflecting the company's total credit sales outstanding.

Table of Contents

What Gross Accounts Receivable Means

Gross Accounts Receivable is simply the sum of all outstanding customer invoices. It's the starting point before any adjustments for expected non-payment or returns.

Think of it as what customers owe you on paper, in full, without considering how much you'll actually collect.

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Net Accounts Receivable = Gross − Allowance for Doubtful Accounts − Other deductions.

A Simple Example

Your company sells $1 million of goods on credit during the quarter.

  • Customers pay $700k immediately or within terms
  • Leaving $300k still owed at quarter-end → Gross AR = $300k
  • You estimate $15k won't be collected → Allowance = $15k
  • Net AR reported = $285k

Gross tells the full sales-on-credit story; net shows what you realistically expect in cash.

How It Increases and Decreases

Increases From

  • Credit sales
  • New invoices issued

Decreases From

  • Customer payments
  • Write-offs of uncollectible amounts
  • Sales returns/allowances

Balance Sheet Presentation

Under current assets as:

  • 'Gross Accounts Receivable'
  • Often shown with allowance below: 'Accounts Receivable, Gross $X Less: Allowance $(Y) Net $Z'
  • Sometimes only net reported with gross in notes

Aging schedule (30/60/90+ days) usually in footnotes.

Why It Matters

  • Direct link to sales volume (especially credit sales)
  • Working capital tied up in receivables
  • Collection efficiency (days sales outstanding = Gross AR / Avg daily sales)
  • Credit policy aggressiveness
  • Potential cash flow from existing sales

What to Watch For

  • Faster growth than revenue → extending terms or slowing collections
  • Aging trends (more over 90 days = risk)
  • Allowance as % of gross (too low = aggressive, too high = conservative)
  • Seasonality (retail spikes at year-end)
  • Customer concentration risk
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Rising gross AR without rising sales often signals collection problems.

Key Takeaways

1

Gross Accounts Receivable is total customer invoices outstanding.

2

Before any deductions for doubtful accounts or returns.

3

Direct reflection of credit sales volume.

4

Growth can come from more sales or slower payments.

5

Compare to net AR and revenue trends for collection health.

6

Critical for understanding working capital and cash conversion.

Related Terms

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