Accounts receivables are debts owed by customers from the sale of goods or services. Accounts receivable management involves making decisions to maximize returns on these current assets through sound credit policies and practices. The objectives are to maximize the value of the firm through an optimal balance of risk and return, and to optimize investment in accounts receivables to increase sales, market share, and profits. Key factors that influence accounts receivables include credit terms, collection policies, seasonal business variations, and credit sales volumes. Metrics like debtors turnover ratio, average collection period, aging schedules, and collection matrices help evaluate accounts receivable performance and liquidity.