06 May Bookkeeping Accounts receivable collection period Definition, calculation & example February 2, 2024 By elizabeth 0 comments Although cash on hand is important to every business, some rely more on their cash flow than others. The average collection period is o...Continue reading
04 May Bookkeeping How is cash flow affected by the average collection period? February 2, 2024 By elizabeth 0 comments Upon dividing the receivables turnover ratio by 365, we arrive at the same implied collection periods for both 2020 and 2021 — confirmi...Continue reading