Accounts and Other Receivable

9 Months Ended

Sep. 30, 2019

Accounts and Other Receivable

ACCOUNTS AND OTHER RECEIVABLE

NOTE 9.    ACCOUNTS AND OTHER RECEIVABLE

Accounts and other receivable are recorded at net realizable value. Components of accounts and other receivable, net of reserves, are as follows:

	September 30,		December 31,
	2019		2018
Amounts billed, net	$	233,464	$	80,709
Unbilled receivables		16,687		19,733
Total receivables, net	$	250,151	$	100,442

Amounts billed, net consist of amounts that have been invoiced to our customers in accordance with our terms and conditions and are shown net of an allowance for doubtful accounts.

Unbilled receivables consist of amounts where we have satisfied our contractual obligations related to inventory stocking contracts with customers. Such amounts typically become billable to the customer upon their consumption of the inventory managed under the stocking contracts. We anticipate that substantially all unbilled receivables will be invoiced and collected over the next twelve months.