Accounts and Other Receivable

12 Months Ended

Dec. 31, 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:

	December 31,		December 31,
	2019		2018
Amounts billed, net	$	227,528	$	80,709
Unbilled receivables		19,036		19,733
Total receivables, net	$	246,564	$	100,442

Amounts billed, net consist of amounts that have been invoiced to our customers in accordance with terms and conditions, and are shown net of an allowance for doubtful accounts. These receivables are all short term in nature and do not include any financing components.

Unbilled receivables consist of amounts where we have satisfied our contractual obligations related to inventory stocking contracts with customers. Such amounts are typically invoiced 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. These contracts do not include any financing components.