VSE Corporation Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Receivables, net

Receivables, net

12 Months Ended

Dec. 31, 2016

Total receivables, net of allowance for doubtful accounts of approximately $30 thousand and $100 thousand as of December 31, 2016 and 2015, respectively, were as follows (in thousands):



	2016		2015
Billed	$	55,669	$	43,503
Unbilled	45,549		34,968
Total receivables	$	101,218	$	78,471

The unbilled balance includes certain costs for work performed at risk but which we believe will be funded by the government totaling approximately $2.1 million and $1.5 million as of December 31, 2016 and 2015, respectively. We expect to invoice substantially all unbilled receivables during 2017.

- Definition

The entire disclosure for claims held for amounts due a entity, excluding financing receivables. Examples include, but are not limited to, trade accounts receivables, notes receivables, loans receivables. Includes disclosure for allowance for credit losses.

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