Definition
Average number of days to collect cash after invoicing.
Technical Details
Unit
days
Formula
(Accounts receivable ÷ Total credit sales) × number of days in period
Part of the Fleet Super Operator Standard (FSOP) v1.0 •Editorial Policy
Average number of days to collect cash after invoicing.
days
(Accounts receivable ÷ Total credit sales) × number of days in period
Part of the Fleet Super Operator Standard (FSOP) v1.0 •Editorial Policy