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Payments Pattern |
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Payments pattern Describes the collection pattern of receivables. The pattern might describe the probability that a 72-day-old account will still be unpaid when it is 73 days-old. Payments Pattern The likelihood of a company to receive its accounts receivable by a certain point in time. That is, if most accounts are paid in 10 days and a certain account is unpaid after 25 days, the payments pattern would state that the account is unlikely to be paid in 26 days. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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