Table:
| (Dollars in thousands) | December 31, 2019 |  |
| --- | --- | --- |
| 1 year or less | $180,219 | 60% |
| 1-2 years | 91,132 | 30% |
| 2-5 years | 30,604 | 10% |
|  | $301,955 | 100% |
Paragraphs:
Unbilled receivables are client committed amounts for which revenue recognition precedes billing, and billing is solely subject to the passage of time.
Unbilled receivables are expected to be billed in the future as follows
Question:
What does unbilled receivables refer to?
Answer: Unbilled receivables are client committed amounts for which revenue recognition precedes billing