Trade debtors

Trade debtors are businesses or individuals that owe money to a company for goods or services that have been supplied on credit. Trade debtors are also known as accounts receivable or trade receivables. A trade debtor is typically a customer who has purchased goods or services from the company and is responsible for paying for those goods or services within a certain period of time, typically 30, 60, or 90 days, depending on the terms of the credit agreement.