Tag Archives: Consero

Day Sales Outstanding – Ignore it at your own risk

April 20, 2010 – 6:00 pm

One of the critical keys to managing your company’s receivables is to measure and control your Day Sales Outstanding, the average number of days your company takes to collect sales revenue. Treat a high DSO number as a red flag — it means you’re taking too long to collect revenue and extending credit to customers [...]

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Accounts Receivable Turnover Definition

March 29, 2010 – 8:05 pm

Reprinted with permission from www.WikiCFO.com
Accounts receivable Turnover ratio indicates how many times the accounts receivable have been collected during an accounting period. It can be used to determine if a company is having difficulties collecting sales made on credit. The higher the turnover, the faster the business is collecting its receivables. It can be expressed [...]

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