In business, companies often have to wait for payments from customers—that period is generally known as the average collection period. Also known as the average collection period ratio and the ratio ...

Discover how long accounts receivable can stay outstanding, what impacts they have on businesses, and strategies for managing ...

The Average Collection Period (ACP) is a financial ratio that calculates the average number of days it takes for a company to collect the money owed to it by its customers (its accounts receivable).

Business financial statements provide information about your sales, profits and expenses, but cannot answer some key questions. You need to know how much you can reduce your sales price and still make ...