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, 2017

Total receivables, net of allowance for doubtful accounts of approximately $83 thousand and $30 thousand as of December 31, 2017 and 2016, respectively, were as follows (in thousands):



	2017		2016
Billed	$	55,760	$	55,669
Unbilled	42,577		45,549
Total receivables	$	98,337	$	101,218

The unbilled balance includes certain costs for work performed at risk but which we believe will be funded by the government totaling approximately $4.0 million and $2.1 million as of December 31, 2017 and 2016, respectively. We expect to invoice substantially all unbilled receivables during 2018.

- 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.

+ References + Details