Critical numbers – Debtor days

Critical numbers – Debtor days

How long is it taking you to get paid? How do you measure this? What strategies can you adopt to get paid faster? Debtor days is used to measure, on average, how long your customers take to pay you. While there are many complex formulas to accurately calculate this, a...
Critical numbers – What is working capital?

Critical numbers – What is working capital?

If cashflow is the lifeblood of your business, then working capital is the health check you should have regularly to keep your business alive. Working capital measures the surplus (or deficit) you have to keep your business afloat without needing to sell assets,...