account receivable

Most corporations and nonprofits log pledges as an account receivable - that is, cash owed to the organization.

Comparing October 2013 with October 2014, hospital admissions climbed from 79 to 95, days of cash-on-hand rose from -.02 to 13.8, net days in account receivable dropped from 50 to 46, and average length-of-stay decreased from 5.4 to 4.3.

By far the largest one, in fact an account receivable larger than any which has ever been known since the Chinese first invented an adding machine, he would find to be in excess of ten billion dollars.