The concept of "net realizable value" crops up in two major categories of business bookkeeping: inventories and accounts receivable. Both are classified as current assets, meaning they are assets that ...

In accounting, NRV is an acronym that stands for "net realizable value." An asset's net realizable value is the amount of money a business expects to receive when it sells or collects on the asset.

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. David Kindness is a Certified Public ...

Investors should interpret accounts receivable information on a company's balance sheet as money that the company has a reasonable assurance of being paid by its customers at a defined date in the ...

Andy Smith is a Certified Financial Planner (CFP®), licensed realtor and educator with over 35 years of diverse financial management experience. He is an expert on personal finance, corporate finance ...

If you are stumped by the question "What is net worth?" you're not alone. A study by CreditKarma found that 51% of Americans are fuzzy on the definition and do not know their own net worth. Net worth ...