The accounts receivable turnover ratio reveals how well a company collects receivables from customers. An accounts receivable purchase agreement is a legally binding contract that governs the purchase of accounts receivable between parties in a specific location.Learn how to record retention receivable and payable, and why it can be essential for your construction business. Receivable (AR) icon next to the contract. Improving your accounts receivable in healthcare requires active management of your revenue cycle and addressing any process inefficiencies. Accounts Receivable Management reference for credit managers and controllers in the construction and building material supply industries. This article summarizes each of the five steps and identifies key issues entities need to consider when completing each step. It's the amount that customers owe you for goods or services that they purchase on credit.