Days' sales in receivables
Revision as of 12:50, 14 July 2020 by EshwaN (talk | contribs) (Created page with "Days' sales in receivables is ratio of average net accounts receivable to one day's sale. It indicates how many days' sales remain in Accounts Receivable awaiting collecti...")
Days' sales in receivables is ratio of average net accounts receivable to one day's sale. It indicates how many days' sales remain in Accounts Receivable awaiting collection.
Definitions
According to Managerial Accounting by Braun, Tietz (5th edition),
- Days' sales in receivables. Ratio of average net accounts receivable to one day's sale. It indicates how many days' sales remain in Accounts Receivable awaiting collection.
