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

Mission statement, Craft a mission statement for agro based organization wh...

Craft a mission statement for agro based organization which makes it eligible for expansion

Limitations of using balanced scorecard, Q. Limitations of using balanced s...

Q. Limitations of using balanced scorecard? - Historical performance analysis is no guide to the future. - Manipulation or 'massaging' of performance measures by management,

Decision making process, In management strategic decision making involves g...

In management strategic decision making involves great complexity, uncertainty and risk.  Describe the strategic decision making process and consider the effects of bounded rationa

Determine the level of rents of social housing, Explain what is meant by 'n...

Explain what is meant by 'non-market housing' and by what means it is delivered in either the UK or a country of your choice. What problems arise in its delivery? Outl

Statistics, #quesSome of its important characteristics are given below: St...

#quesSome of its important characteristics are given below: Statistics are aggregates of facts. Statistics are numerically expressed. Statistics are affected to a marked extent by

Impact on the organizational and personal levels, Question Sarah and ...

Question Sarah and John are both working for a software development company. The manager of the new product division was originally the leader of the project team for whi

Transport planning, Assume the population of Darwin in 50 yrs will be 2mill...

Assume the population of Darwin in 50 yrs will be 2million. There will be gas related industries in the surrounding areas of Darwin. Mining activities in the Northern Territory wil

Develop wind energy offshore, We know from a great deal of research that wh...

We know from a great deal of research that when asked to assign probabilities to uncertain states of nature most people give answers that are over-confident when calibrated against

IP Phase V, How much does it cost to get someone to write phase V Individua...

How much does it cost to get someone to write phase V Individual project Strategic Human Capital Management

Strategic management of bread talk, This report discusses is based on the s...

This report discusses is based on the strategic management of Bread Talk. Bread Talk is, a Singapore based fFood cCompany . It is identified that under strategic management, The co

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