# Invoice (Receivables) as NFT

By [DeFiMan1729](https://paragraph.com/@defiman1729) · 2022-10-17

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Receivables adds up to the total current assets of a balance sheet. These are the amounts that the customers owe to the business. An outstanding Invoice is a good example of a receivable- an amount that a client owes to the business.

A business (firm), ideally wants to receive payment for all outstanding invoices as soon as possible, to increase its working capital (Current Assets - Current Liabilities).

> Days-of-Sales-Outstanding (DSO) measures the performance of a firms sales processes. DSO is calculated as (Average Receivables/Daily Sales)=(Average Receivables/Net Sales)\*365

A firm can also sell this invoice to another firm (a factor) for cash, this is called **Invoice financing**. There are fat books covering Invoice financing and working capital management, but in this blog we are going to take a look at the possibility of tokenizing an Invoice and staking it in return for crypto.

![](https://storage.googleapis.com/papyrus_images/62449fa0f6a05c9a2094d08e2c7fd35ae82fe10c6eb97f4b68a97a1dfe1a0373.png)

![](https://storage.googleapis.com/papyrus_images/771035746f1f502b8d417489b19c4febc4f4fd8972ee65c8f20f038cc8e72f4e.png)

[https://opensea.io/assets/ethereum/0xb932a70a57673d89f4acffbe830e8ed7f75fb9e0/1](https://opensea.io/assets/ethereum/0xb932a70a57673d89f4acffbe830e8ed7f75fb9e0/1)

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[https://opensea.io/assets/ethereum/0xabEFBc9fD2F806065b4f3C237d4b59D9A97Bcac7/1](https://opensea.io/assets/ethereum/0xabEFBc9fD2F806065b4f3C237d4b59D9A97Bcac7/1)

[https://opensea.io/assets/ethereum/0x3B3ee1931Dc30C1957379FAc9aba94D1C48a5405/1](https://opensea.io/assets/ethereum/0x3B3ee1931Dc30C1957379FAc9aba94D1C48a5405/1)

[https://opensea.io/assets/ethereum/0xb932a70a57673d89f4acffbe830e8ed7f75fb9e0/1](https://opensea.io/assets/ethereum/0xb932a70a57673d89f4acffbe830e8ed7f75fb9e0/1)

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*Originally published on [DeFiMan1729](https://paragraph.com/@defiman1729/invoice-receivables-as-nft)*