Meaning Average collection period
What does Average collection period mean? Here you find 5 meanings of the word Average collection period. You can also add a definition of Average collection period yourself
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Average collection periodThe ratio of accounts receivables to sales, or the total amount of credit extended per dollar of daily sales (average AR/sales 365).
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Average collection periodDefinition The average time period for which receivables are outstanding. Equal to accounts receivable divided by average daily sales. also called collection ratio.
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Average collection periodAccounts receivables compared to sales as a ratio, Or average AR/sales * 365 (total credit extended for each dollar of daily sales).
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Average collection periodThe number of days required, on average, to collect accounts receivable.
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Average collection periodThe ratio of accounts receivables to sales, or the total amount of credit extended per dollar of daily sales (average AR/sales 365).
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| << Average age of accounts receivable | Average cost >> |
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