collection period

Collection period

Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Accounts Receivable Turnover

The average amount of time it takes for a business to collect on its accounts receivable. This is calculated by multiplying the amount in accounts receivable by the number of days in a given period and dividing into the total amount of credit sales. Accounts receivable turnover is a way to determine how a business' credit risk compares to that of its competitors.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

collection period

The number of days, on average, that a firm requires for collection of a credit sale. The length of the collection period indicates the effectiveness with which a firm's management grants credit and collects from customers. A short period is desirable because the firm obtains cash more quickly for reinvestment or for paying its own bills. The collection period is calculated by dividing accounts receivable by average daily credit sales. Also called average collection period.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
References in periodicals archive ?
Delhi Agra toll road collection period is until 2038, that is further 19 years to go.
Also reacting, the chief executive officer of Nigerians in Diaspora Commission (NIDCOM), Abike Dabiri-Erewa, corroboration the Nigerians in Diaspora Commission's claim, said Ewohime got to the high commission an hour after the collection period for of passport had elapsed, while he was also said he was unable to produce some documents needed for passport collection, the reason he could not be given.
Zika virus, DENV-1, and DENV-2 neutralization titers of serum samples collected from long-tailed macaques in Peninsular Malaysia, 2009, 2010, and 2016 * Sample collection period No.
The collection period for Chicago House & Social Service Agency will be open until March 31, 2019.
Alparaque was confident the agency will be able to reach the target albeit most of the taxpayers are expected to pay on the rush hour especially that the collection period has been extended from the usual 20 days to 30 days this year.
The orders Aranae, Coleoptera and Orthoptera were not the most expressive for number of individuals, but stood out, as they were present in each treatment (different areas of succession) and collection period (Table 2 and 3).
HAVE the council secretly introduced a longer collection period when collecting our recycled waste?
As of the end of the July 2018 collection period, 61+ day delinquencies were 3.13% of the remaining collateral balance, and CNLs were 7.36% tracking below Fitch's initial base case of 11.30%.
The collection period has been extended for those who would like to recycle their holiday lights after this season.
Additionally, the securities will be transferred to the investors' bank accounts following the demand collection period of the related round.
But for others, the cash collection period can be a lot longer than the agreed term due to poor leverage, follow-through or record keeping.

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