单词 |
average collection period |
释义 |
average collection period
Accounts Receivable TurnoverThe average amount of time it takes for a business to collect on its accounts receivable. This is calculated by multiplying the amount in accounts receivable by the number of days in a given period and dividing into the total amount of credit sales. Accounts receivable turnover is a way to determine how a business' credit risk compares to that of its competitors.average collection period See collection period.average collection period see DEBTORS RATIO.AcronymsSeeACP |
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