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  • What is the average collection period?

    Questioner:Harper Lee 2023-05-05 16:07:39
The most authoritative answer in 2024
  • Lucas Baker——Works at Microsoft, Lives in Redmond, WA

    The average collection period is the average number of days between 1) the date that a credit sale is made, and 2) the date that the money is received from the customer. The average collection period is also referred to as the days' sales in accounts receivable.read more >>
    +119962023-05-08 16:07:39

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