What is the average collection period?
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Works at Artisan Bakery, Lives in Paris, France.
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.
2023-05-13 16:07:39
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Zoe Reyes
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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.