What are trade debtors and trade creditors made up of?

Trade debtors, also known as accounts receivable, are amounts owed to a business by its customers for goods or services that have been delivered but not yet paid for. In contrast, trade creditors, or Accounts Payable, represent the amounts a business owes to its suppliers for goods or services received but not yet paid for. Together, these accounts reflect the company's short-term financial position and cash flow management. Monitoring both is essential for maintaining healthy business operations.