Accounts Receivable

12 Months Ended

Dec. 31, 2020

Accounts Receivable

Accounts Receivable

Note 4: Accounts Receivable

Accounts receivable, net consists of the following:

December 31,	2020		2019
(in thousands)
Trade receivables:
Billed	$	135,201	$	191,579
Unbilled		29,754		52,052
Other receivables		1,631		4,124
Total		166,586		247,755
Less: allowance for credit losses		(4,815)		(5,181)
Accounts receivable, net	$	161,771	$	242,574

Trade receivables relate to revenues generated from equipment and services, for which credit is extended based on our evaluation of the customer’s credit worthiness. Unbilled receivables represent revenues earned but not billed to the customer until future dates, usually within one month. Other receivables consists primarily of net amounts receivable from an agent, that operates internationally, as well as amounts due from the favorable resolution of state tax audits and rebates due from suppliers.