KPI of the Day – Accounting: # Days in accounts receivable
Definition
Measures the average number of days it takes companies to collect their payment.
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Measures the average number of days it takes companies to collect their payment.
Measures the proportion of invoices with questions raised about the information they provide (i.e. needing clarification), out of total invoices issued.
Measures the ratio of an organization’s gross profits to operating expenses.
Measures the available cash or other assets easily convertible into cash that could cover short-term payables. Short-term payables represent the total amount of payments forecasted between zero and three months, from the time of the calculation.
Measures the percentage of a company’s income that is spent on its operating costs.