The aim of this study is to identify the fundamental segments for the proper receivables management. Adequate collectionof receivables is generally, after profitability, the second most important measure of success of business.Therefore, companies are obliged to carefully take account of their balance of trade and to manage them properly,so that the company’s liquidity would not be called into question.

Snežana P. Knežević, Veljko Dmitrović, Marko Jovanović, Tijana Obradović