answersLogoWhite

0

AllQ&AStudy Guides
Best answer

The average collection period is the amount of time that is taken to recover money. Often the average collection period applies to business and sale-related circumstances.

Q: What is the average collection period?
This answer is:
Related answers

The average collection period is the amount of time that is taken to recover money. Often the average collection period applies to business and sale-related circumstances.

View page

Avg Collection Period increases.

View page

Average Colection period: Accounts Receivables divided by Average daily credit sales

View page

A high average collection period indicates that a firm is having trouble collecting its outstanding credit, thereby transferring it to their accounts receivables. It could be because of policy - maybe no fees, or the management in charge of collection is not doing their job.

View page

Average Payment Period is the total opposite of the Average Collection Period. This is the average time taken by the company to pay off its credit purchases.

Formula:

APP = Accounts Payable / (Annual Credit Purchases / 365)

View page
Featured study guide

Sociology

15 cards

Is qualitative research empirical

Which country has the highest high school dropout rate

What way were karl marx and charles wright mills alike in their thinking and understanding of society

Who person is best demonstrating the interpretative approach to social research

➑️
See all cards
1.0
β˜†β˜…β˜†β˜…β˜†β˜…β˜†β˜…β˜†β˜…
1 Review
More study guides

Investing and Financial Markets

20 cards

What is Standard and Poors

What is a NOW account

What would add up 10.25 with quarters and dimes

The main advantage of diversification as an investment policy is that it

➑️
See all cards
β˜†β˜…β˜†β˜…β˜†β˜…β˜†β˜…β˜†β˜…
No Reviews

Physics

14 cards

A rock is dropped from a cliff and hits the ground 6.0 seconds later How high is the cliff

A hammer is dropped off a roof of an apartment building that is 80 meters high How long will it take to hit the ground

You are driving down the road and hit a bump which causes your fishing tackle box to bounce out of the bed of your pickup The box decelerates at a rate of 3 ms and skids 24 meters before coming to

A plane is uniformly accelerated from 60 ms to 80 ms in 12 seconds what is the distance traveled by the plane during this period

➑️
See all cards
3.75
β˜†β˜…β˜†β˜…β˜†β˜…β˜†β˜…β˜†β˜…
8 Reviews
Search results

Resources

Leaderboard All Tags Unanswered

Top Categories

Algebra Chemistry Biology World History English Language Arts Psychology Computer Science Economics

Product

Community Guidelines Honor Code Flashcard Maker Study Guides Math Solver FAQ

Company

About Us Contact Us Terms of Use Privacy Policy Disclaimer Cookie Policy IP Issues
Answers Logo
Copyright Β©2024 Infospace Holdings LLC, A System1 Company. All Rights Reserved. The material on this site can not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission of Answers.