Explain about trade receivable days, Strategic Management

Assignment Help:

Q. Explain about Trade receivable days?

{Yearend trade receivables / Credit sales (or turnover)} x   365 days

This is the average length of time occupied by customers to pay. A long average collection means poor credit control and henceforth cash flow problems may occur.  Normal stated credit period is 30 days for most industries.  Alterations in the ratio may be due to improving or worsening credit control. Major new customer pays fast or slow. Change in credit terms or early settlement discounts are offered to customers for early payment of invoices.


Related Discussions:- Explain about trade receivable days

Leadership, Critically evaluate and analyse leadership you have witnessed i...

Critically evaluate and analyse leadership you have witnessed in specific situations. This means comparing concrete examples (what was said and what was done) to relevant theories

Strategic Planning and Organizational Development fo, Question 1: Read the ...

Question 1: Read the article in the assigned Reading, “Management: A Journey in Progress.” Which do you think are the most enduring management principles and management responsibil

Feasibility concerns, Whether an organization has the resources and compete...

Whether an organization has the resources and competences to deliver a plan

Mensa Inc., Describe the situation facing Mensa at time of the case. This ...

Describe the situation facing Mensa at time of the case. This should include major issues facing the company and the decisions that need to be made.

KOTTLER, EIGHT STAGE PROCESS

EIGHT STAGE PROCESS

Initiate organizing campaign for technical employees union, 1) Company A wa...

1) Company A wants to discourage unionization through the United Technical Workers of America. True or False: In order to do so, it can initiate an organizing campaign for the Tech

Strategic issues for global market-maximize sales ratio, (1.) Infosys follo...

(1.) Infosys follows a global delivery model that enables the company to maintain standards. The vertical differentiation strategy did help the company to gain control over the ope

expectation of stakeholders , 1.1 Describe the importance of external fact...

1.1 Describe the importance of external factors affecting an organization. 1.2 Examine the requires and expectation of stakeholders of an organization. 1.3 Examine the main chang

Animal processing, what is HACCP and benefits in food industry

what is HACCP and benefits in food industry

Stategic management, Critically evaluate the future plans of AEL

Critically evaluate the future plans of AEL

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd