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RECEIVABLES, NET | 9 Months Ended
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Sep. 30, 2024
Receivables [Abstract] |
RECEIVABLES, NET | RECEIVABLES, NET Cadence’s current and long-term receivables balances as of September 30, 2024 and December 31, 2023 were as follows:
| As of
| September 30, 2024 |  | December 31, 2023
| (In thousands)
Accounts receivable | $ | 322,363 |  |  | $ | 299,814 |
Unbilled accounts receivable | 243,951 |  |  | 193,963 |
Long-term receivables | 16,254 |  |  | 10,755 |
Total receivables | 582,568 |  |  | 504,532 |
Less allowance for doubtful accounts | (5,341) |  |  | (4,553) |
Total receivables, net | $ | 577,227 |  |  | $ | 499,979 |
Cadence’s customers are primarily concentrated within the semiconductor and electronics systems industries. As of September 30, 2024 and December 31, 2023, no single customer accounted for 10% or more of Cadence’s total receivables.

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- Definition The entire disclosure for claims held for amounts due to 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 Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 310 -SubTopic 10 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/310-10/tableOfContent Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 835 -SubTopic 30 -Name Accounting Standards Codification -Section 45 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482925/835-30-45-2 + Details
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