Number of days' sales in receivables

Definition:

A measure of the average number of days it takes to collect a credit sale; computed by dividing 365 days by the accounts receivable turnover.

Related terms:

Par value

Useful articles:

»	Storytelling - The Great Motivator of People
»	Work/Life Balance
»	Common Mistakes Salespeople Make
»	Promote Your Website - Link Popularity

Interest compare

Our compound interest calculator will show you how interest adds up over a set period of time.

Loan reduction

It will help you work out how quickly you can pay off a loan if you increase your monthly repayments

Group Work

This calculator will tell you how long it would take two people to complete the task

Browse by categories

Accounting	Advertising	Banking
Bankruptcy	E-Commerce	Economics
Finance	Law	Investment
Insurance	Marketing	Real estate
Statistic	Trade	Purchasing

Featured Articles:

Management

The 16 Financial Commandments for CEOs

Hey readers, have you seen the financial bloodshed with the markets? Have you asked your trusted financial advisors what went wrong, only to be told, "Don't worry, be happy. It'll all come bac... [ more... ]

Customer Servces

Watch Your Language

The quality of everyday language used in business is on the decline. We are often unaware of the impact that our words have on our customers. When we use language that is negative or abrupt, we cre... [ more... ]

Marketing

Technology Is a Tool, Not a Crutch

Many salespeople are relying too heavily on technology today as a sales tool to:

contact new prospects

maintain contact with current customers

... [ more... ]

Term: Accounting -> Number of days' sales in receivables